tailieunhanh - Resizing The Organization 28

Resizing The Organization 28. This book seeks to provide executives with useful insights, tools, guidelines, principles, and lessons learned about organizational transition and change. | How to Implement Organizational Resizing 251 Communications Effective communications are vital to the success of the divestiture. Employees should be kept informed about the status of negotiations and any other information that management can legally and prudently share. Top management can accomplish this through bulletin board announcements memos town hall or all-hands meetings as well as electronic media. Questions should be anticipated and provisions made to answer them on an ongoing basis. First-line supervision can be an effective ally in rumor control. If there is a labor union in the facility the union s local leadership must be informed about the pending sale. The timing of this notice may vary. in some instances management may decide to inform the union as soon as the decision to sell is made. in other instances the seller may keep negotiations secret until the buyer s representatives are visiting and it becomes obvious that something is pending. in either situation the union must be given a reasonable amount of time in which to enter negotiations with the seller over issues such as the pension plan health benefits and vacation and holiday pay. Depending on the labor-management relationship notification can be helpful in stopping rumors. Ultimately the buyer will place a value on the facility and its employees who represent the intellectual capital of the firm. While this analysis and evaluation will not constitute a guarantee of continuing employment employees need to be encouraged to maintain a high level of productivity demonstrating their commitment and value to the buyer. Facility Closings Facility closings traumatic to a variety of stakeholders are an increasingly common fact of business life. The term plant closings applies to more than the traditional industrial manufacturing operation. The plant could be a distribution center a sales office a hospital or any number of facilities that are deemed to be no longer economically viable at the location.

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