Restructuring

Another change could be mergers and take-overs which can sometimes leave employees feeling uncertain about their future with the company, loss of trust and experience staff leaving.

Back in the day, being a manager was a much more novel task and performance was measured by one’s own accomplishments and abilities. Modern day managers can commonly find themselves doing more and not being able to focus on what is important. As a result they find themselves doing more but in reality getting

“Creative destruction“ is why capitalism can be a brutal and cruel process. “Creative destruction” is when something new comes in and can possibly destroy many companies. Naked Economics uses the example of Wal-Mart. Wal-Mart benefits the customers because of the range of product and the cheapness of those products. This leads to smaller businesses closing up due to the loss of customers and the inability to combat Wal-Mart. People embrace this idea in theory because it brings new technologies and makes our lives easier. For example, with the creation of more efficient farming tools, fewer people have to farm to sustain more people. This allows people to branch out and create new things like cell phones, light bulbs, car, etc. On the other

The impact to change or resistance to change will have influence by the forces, motivations and even attitudes that employees or groups have towards the change. Change is inevitable, however our willingness to change the status quo is determined by these driving forces. Leadership, management and employees will have ups and downs as they move thru the different change models steps, however, communication along with understanding of emotions, attitudes and past experiences are going to impact the success of the change in process or structure.

Reorganization of the company is done to restructure the business activities, conducted by the management. Decision to restructure the company is undertaken to increase earnings and improve production efficiency. Decision to reorganize the business activities is a lengthy process, and needs effective planning. By restricting the business conduct, the management improves the earning ability for the company.

A company with financial instability is a company that is sitting at the pit of fire. Restructuring means a company’s modest effort to get rid of debts, modify resources, operations, and corporate structure to improve the company’s performance and maximize financial stability.

I start by saying "thank you" for expressing your concerns about the addition of a private business consultant to your team. I think it's great that we agree on several common goals providing a superior product, exceeding customer expectations, streamlining the business and improving Karsten's bottom line. In response to your questions regarding the proposed restructuring, I'd like to highlight a few key points.

Change in such an organisation is complicated, as it is highly technical, and the focus in

Establishing a process to move from the current state of the organization, in this case, nonexistent, to a newly formed structure would require the management of a transition. To do this a road map for the establishment of the new organization would be created citing the specific activities and events that had to occur. After the establishment of the road map, planning a method for commitment to the organization’s development would be done. Once the commitment is established, structures to manage the change would need to be created. This would involve looking for people who have the power to mobilize resources and promote change and of course, people who were willing to stay the course during the rough times that often occur when change is happening. Staying the course would require the CRVO to provide a system to support the change agents and influencers in the CVI community helping them to develop new competencies and skills to generate support for the mission and reinforce behaviors required to maintain the vision and mission of the CVI.

The purpose of this report was to examine organization restructuring. Research for the report included literature based on organizational restructuring and the various processes involved in restructuring. The major findings indicate that the two methods commonly used for organizational restructuring to be downsizing and reengineering of business processes(Cummings & Worley, 2008). Downsizing assist the company to reduce its workforce, and this saves cost in terms of payroll reduction. Reengineering allows a company to change and adapt to the way it

Refreezing. An organisation can refreeze once changes have been implemented and people have accepted the new ways of doing things. After the refreeze a new and stable organisational chart and other core documents can be published. Managers must monitor that changes are being used at all times until they become a part of the normal everyday routine. Employees will then become comfortable and confident with the new methods. Reaching this future state and refreezing is important as it gives staff a sense of stability. It will also ensure they are motivated to tackle future changes with confidence that results will be successful and beneficial to them (Mind Tools, n.d.). Useful strategies during this stage include (Young, 2014):

Employees tend to view change as a bad thing for their career. It is the managements job to look into the reasons an employee might be facing, and then to address them accordingly. Without such management, there is little hope for organization's future.

Problems such as unsatisfied towards the jobs, depression, low job performance and so on will then arise. At the end, it creates more problems than what it wants to solve at first.

Week 3, the lecture on Managing Change describes organizational changes that occur when a company makes a shift from its current state to some preferred future state. Managing organizational change is the process of planning and implementing change in organizations in such a way as to decrease employee resistance and cost to the organization while concurrently expanding the effectiveness of the change effort. Today's business environment requires companies to undergo changes almost constantly if they are to remain competitive. Students of organizational change identify areas of change in order to analyze them. A manager trying to implement a change, no matter how small, should expect to encounter some resistance from within the organization.

When organizational changes are announced, particularly when there is downsizing involved, employees generally divide into one of two groups: those who will attempt to control their fate and those who want to get out before the changes occur. The group taking control will usually dig in, increase their productivity, hit their deadlines and do everything they can to shine in front of their managers hoping they will sail through the changes with their job intact. The remaining employees cope with the changes by avoiding them. You may see these employees taking longer lunch hours, coming in later and leaving earlier or simply not