Structuring a Downsize
During this time of downsizing companies need to ensure they are following a process. Do you have the right staff to support your key initiatives?
1. Know your key initiatives. What are your short and long term goals, objectives and action plans? Do you have them written down? Review them with your staff, document the action plans and establish due dates.
2. Examine business processes. Form a cross functional team to examine business processes: senior execs, finance, HR and the people who actually do the work. Eliminate duplication of effort and ensure proper use of technology.
3. Reengineer the way things are done. Make sure the system continues to be implemented (i.e. train employees to use it).
4. Inventory the organization’s talent. Do this before considering downsizing to cut costs. Do you have the right people in the right jobs? Consider sending your teams through assessments that ensure you have the right people in the right jobs.
5. Downsize with Integrity. Openly communicate and provide alternative career options.
Jessica Pierce
jessica@atdsuccess.com
480-239-6738
