Downsizing Strategies Form

Instructions and help about Downsizing Strategies

foreign in the mid-1970s chales handy a professor of management psychology at the London Business School predicted a revolution that would potentially change the entire economic Market by pushing thousands of firms into the situation that he calls downsizing this phenomenon was ignored at that time but has increasingly come true and is now called the corporate strategy of downsizing that we will present in this video in practice in contrast to diversification firms can choose to decrease the scale of their existing business fields to achieve other strategic goals in certain fixed periods this decision may result from many reasons such as restructuring closing or selling one or some business to reduce the functioning costs increasing labor productivity improving managerial capacity avoiding crisis risks or risks in changing environments or even concentrating organizational resources on other core strategic business units in the literature there are different definitions of downsizing in