It generates a toxic work atmosphere and bad feelings everywhere. One will be under a microscope as the remaining workers will cautiously watch everything one does. If dealt with badly one will have efficiency and confidence troubles for months to come (How to Layoff Employees without Sacrificing Compassion, n.d.).
To be effectual and diminish problems, one must systematize all the particulars ahead of time. One must have severance packages, layoff letters, explanations of benefits, and all other relevant documents organized and ready to go. A company should make corporate outplacement services accessible to the leaving workers. Outplacement services will alleviate the blow and offer sympathetic support to aid former workers. This will affect how the remaining workers as well as consumers outlook about the company (How to Layoff Employees without Sacrificing Compassion, n.d.).
Reason
Managers must make sure that they distribute the bad news in person and not via email. They should not put the dirty work onto anyone else's plate. The boss needs to distribute the message and stand with their workers when they do so. One should know what they are going to say and say it sympathetically. After all these people are their friends and coworkers. A manager owes it to their workers to be the one to deliver the news. Finally one should permit themselves and the remaining workers to mourn and respond after the layoff. The remaining workers have lost their...
" According to Short, Williams, and Christie (1976; cited by Van Den Hooff, Groot & De Jonge, 2005), Social Presence Theory notes that "communication media differ in the degree to which they can communicate (or simulate) the social presence of the communication partners through the use of social cues (both verbal and nonverbal cues)." This theory purports that if a medium can only communicate limited social cues, communication partners do
BEST BUY CO. INC. STRATEGIC ANALYSIS Strategic Analysis of Best Buy Current situation A- Current performance B- Strategic posture Corporate Governance A- Board of directors B- Top management External Environment: Opportunities and threats A- Natural physical environment B- Societal Environment C- Task Environment D- Summary of external environment Internal Environment: Strengths and Weakness A- Corporate Structure B- Corporate Culture C- Corporate resources D- Summary of internal environment Analysis of Strategic Factors (SWOT) A- Situational Analysis Strategic Alternatives and Recommended Strategy A- Strategic Alternatives Recommended Strategy Implementation Evaluations and control Part II Functional and Business strategies of
Organization Development and Change Process Merger and acquisitions refer to the combinations of two or more companies forming a new company. In other words, mergers and acquisitions (M&A) are the strategic move of corporate organizations dealing with an aspect of dividing, buying and selling of different companies of similar entities to assist the enterprises to grow. One of the examples of the major merger was the merging of Uniphase Corp. And
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