The Upside of Downsizing

Sponsored By Oliver Wyman

Topics:

Banking & Capital Markets > Mergers & Acquisitions

Budgeting & Planning

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Abstract:

Downsizing is a moment when senior executives leaders have everyone’s full attention. Emergency practices—holding the line on jobs and activities that don’t create sufficient value—can become the new “business as usual.” Cost management, when done well, enhances operational performance and raises the level of talent over the long term. Smart companies use downsizing to reexamine how work gets done, and they search for ways to eliminate units, processes, and entire layers of management that don’t create sufficient value.

DETAILS

Sponsored by: Oliver Wyman

Posted: September 30, 2008

Length: 7 pages

Format: PDF (152 kb)

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