In the report the researcher has analyzed the corporate restructuring process, why the firm use the restructuring process, the advantages and disadvantages of the restructuring process. The researcher also recommended some policies that the companies should adapt to correct the disadvantages of the process…
Download full paperFile format: .doc, available for editing
Download file to see previous pages
The company management obtains the way of corporate restructuring when they feel that they need to change the company structure or reorganize various departments for making more profit or become better organized for fulfilling the present needs of the company. The top management of a company take the decision of restructuring when they feel that they should change the ownership of the company, work with some other company, or divide the company in parts. Because of some present situations the management have to take the restructuring decision like the financial condition or decreasing market share or in a situation when some strategy change may open a new window to generate more revenue. The national organization of U.K. has also undergone a management restructuring recently. In this report the researcher have identified that why the organization go for the management restructuring, the advantages and disadvantages caused for restructuring. The researcher also has provided some suggestion which step the company should obtain for correcting the disadvantages caused for the restructuring. The right process of restructuring should be taken by the company otherwise it would hamper the working of the organization, the customers and as a result the profit of the organization. The researcher has used various sources like books, journals for obtaining the information about corporate restructuring.
Why Organization Do Restructuring
The organizations take the decision of management restructuring as they want to add more value in the processes of the company. The organization may take the decision of restructuring because of the following reasons....
The management may want to take some strategies so that they can retain their market share in the future which may lead to a corporate restructuring process. The organization may be failed to adopt a new technology which is a trend in the industry so the company is losing the competitiveness. So the management can take decision to acquire some companies who has that technical knowhow or may add some division in the company itself for solving the problem. The relations with the customers may get poor or they can lose some important clients. May be the services of the company was not up to the mark, so the company can take the decision to restructuring the management for improving the services. The debt of the company may be increased. In this situation the company management can offer the creditors for the convertible debt option. Loss of key management personnel may be also a cause that leads the organization to change the management structure. The management can appoint some managers from other company, also they can fill the blank position using the lower level managers in the position and giving them extra responsibility. Above mentioned points are certain causes of management restructuring. There may be also some other causes when the management can take the decision of restructuring the management. For maximizing the efficiency a firm can layoff its workers. A financial services firm has grown consistently over a decade. But for maximize the efficiency the firm has chosen the strategy of downsizing the company, so they have reduced the work forces, restructured the parts of the organization, consolidating the operations of its various business units and scaled back some business or close down the existing facilities (Oyer,
...Download file to see next pagesRead More
Cite this document
(“Business Management Report: Management Restructuring Essay”, n.d.)
Retrieved from https://studentshare.org/business/1394361-business-management-report-management-restructuring
A Project passes through typical lifecycle wherein it has to be started, go through certain stages and finally come to its logical end with overall objectives of the project achieved or not. Constraints such as time, quality, cost as well as proper optimization of the resources are some of the issues which need to be taken care of while remaining within the overall scope of the project.
However, it has become a daily routine for big corporations to enter new and prospective nations offering opportunities to grow and sustain the business proposition (Johnson & Turner 2010). BlueScope Steel- the Australian Steel manufacturer is all set to foray into Brazil to establish its business.
Such crimes may include basic company frauds, falsified claims of travel or entertainment, cheque fraud, identity fraud, misappropriation, computer related crimes, or financial statements frauds (Pickett & Pickett, 2002, pp.1-6). Earnings management is one of the popular measures of financial business crimes occurring in companies on a habitual basis.
Hessan and Whitely (1996) emphasized the idea to take advantage of the competitive situation not just by being better in how that product gets sold, serviced, and marketed at the customer interface. It requires that companies create breakthroughs in how they interact with customers, and design a way of interacting that makes an indelible impression on customers, one that so utterly distinguishes them from others that it becomes a brand in itself.
The case is discussed about the leadership and how can it be transferred to the followers. It is known that firms in this fast moving world practice the continuous restructuring of the system. The firms also go for team practices which is an essential part of development for the firm.
pdate their strategies trying to respond to the needs of customers and the demands of the market (in terms of technology development, skills of employees and so on). Towards this direction it is supported by Santos et al. (2000, 2) that ‘according to its characteristics,
The aim of the paper is to view and critically analyze the opportunity of creating a manufacturing facility in the USA in order to increase the company’s presence on the North American market. The decision will be analyzed from several perspectives including the basic decision making process, the changes in the supply chain management strategy.
Projects equally have a define time-plan that specifies when to start and end to meet the financier’s requirements. In addition, the projects work on a budget required to produce the deliverables, and work under limited
The written information that is contained in this report was obtained from academic texts. Sources that have referred to in the creation of this report have been acknowledged appropriately. This is by explicit
12 Pages(3000 words)Essay
GOT A TRICKY QUESTION? RECEIVE AN ANSWER FROM STUDENTS LIKE YOU!
Save Your Time for More Important Things
Let us write or edit the essay on your topic
"Business Management Report: Management Restructuring"
with a personal 20% discount.