Turning Downsizing into Rightsizing


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Turning Downsizing into Rightsizing
1010204Turning Downsizing into Rightsizing
Tough Times Demand Positive Management Since the mid-1980s, many U.S. businesses have "downsized" their work force in an attempt to run "leaner and meaner" and, of course, be more profitable. Downsizing has been the primary method used to give shareholders a higher return on their investment in a short period of time. Especially in those businesses which are labor-intensive, the cost of salaries and benefits offers management a tempting source of quick cost reduction. The question "Has downsizing succeeded in reducing costs?" is usually answered yes. The question "Has downsizing returned profits to the company and its s…
Citation
Aubrey C. Daniels, Ph.D.,: Bringing Out the Best in People. Turning Downsizing into Rightsizing, Chapter (McGraw-Hill Professional, 2000), AccessEngineering Export