Downsizing and Expansion within the UAE Based Organisations to Maintain Market Stability - Research Proposal Example

Comprehending the Best Ways of Organizational Restructuring/Downsizing and Expansion within the UAE Based Organisations to Maintain Market Stability Abstract This proposed study mainly reflects about the best ways of the organizational downsizing, expansion and restructuring being practiced within the context of UAE based organizations. The objective of the proposed study is to comprehend the best ways that are being practiced and can further be upheld by the UAE based organisations. It is determined that economic constraint has emerged as the key reason behind global organisations to focus on organizational downsizing, expansion and restructuring. The best ways of the organisation restructuring, expansion and the downsizing also assist the organisation to survive in the competitive market scenario. The research statement will ‘comprehend the best ways of organizational restructuring/downsizing and expansion within the UAE based organisation to maintain market stability’. The research approach that will be undertaken to initiate the research study is qualitative approach with the inclusion of structured interview and case studies. The outcome of the research study will materialise in determining the best ways of practising organisational restructuring, expansion and downsizing within UAE. Keywords Downsizing/restructuring, expansion, market and best ways Table of Contents Table of Contents 3 3 Chapter 1. Introduction 4 Chapter 2: State of Art 5 2.1 Best Ways of the Restructuring 5 5 2.2 Best Ways of Downsizing 6 2.3 Best Ways of Expansion 7 Chapter 3: Research Objective and Approach 8 Chapter 4. Work Plan and Implications 9 Chapter 5. Conclusion 11 References 12 Chapter 1. Introduction Restructuring, downsizing and expansion are a few of the key strategies that are being undertaken by organizations in the present day context to maintain sustainability. Owing to the fact that the competitiveness of the present day global market is higher, it becomes necessary for the organizations to build up updated strategies for gaining competitive advantage over others. In relation to organizational restructuring, it essentially facilitates the alignment in between technology and the business units. The process of organizational restructuring also keeps its focus on the organizational strengths with respect to the delivery of the business value under adverse circumstances. In terms of restructuring, it also assists the higher authorities in managing the trade-offs and intuiting complex dictions (The Diel Group, n.d.). In the modern day scenario, the organizations are adopting various strategies in order to sustain in the competitive market scenario. In the midst of numerous strategies, the organizations also desire to implement best ways with regard to restructuring, downsizing and expansion. The globally accepted best approaches regarding restructuring, downsizing and expansion focus on ascertaining that the organizational goals and objectives are provided utmost concern in order to ensure organizational stability. It has been further ascertained that many modern day organizations are facing intense economic pressure due to unstable economic paradigms. By applying these strategies, the organizations fight for the survival (Orman, 2010). The proposed research study intends to comprehend the best ways of organizational restructuring/downsizing and expansion within the UAE based organisations to maintain market stability. Chapter 2: State of Art 2.1 Best Ways of the Restructuring In accordance with the view of Grant (n.d.), business changes primarily occur with the motive of integrating the acquired business. Furthermore, change within the organization assists in the restoration of profitability. Organizational change brings about transformation in the operating model. Restructuring always does not mean the overhaul of the prevailing organizational process along with structure. It might incorporate within it a series of the co-ordinated initiatives for improving the organizations’ performances. In this regard, restructure mainly includes organizing of the works, skills, purchasing and production among others. The core and vital business process mainly determines the competitive business performances. Correspondingly, the internal operations of the organizations mainly circle around various departments. The best approaches being adopted by the organizations mainly promote systematic analysis. Developed organizations as an approach support and lay its emphasis on profit maximization. Furthermore, integrated organizations approach assists the organisation in separating the customer-facing dimension and its internal structures. This approach in turn enables an organisation to comprehend the customer perspective related to its organisational strategies in a more lucid manner. Moreover, the organisation can also plan its internal structure related to operational activities according to the changing demands of the customers. According to Cascio (2002), restructuring mainly facilitates hybrid structure as an approach that mainly combines the differentiated elements of the business operations in order to match up with the prevailing market conditions. In the context of the UAE, legislation has been framed recently restating laws to promote the business development. The various restructuring laws within the UAE based organisations include Financial Reorganisation Procedure and Preventative Composition among others. This reflects that the UAE based organisations are also heading towards the adoption of alternative ways with regard to the restructuring methodologies (Somekh & Iremonger, 2012). 2.2 Best Ways of Downsizing As discussed by Cascio (2002), the present day organizations are really striving for the enhancement of their competitive position. In this regard, downsizing is looked upon as one of the best options within the process of restructuring. The main reason that is forcing the organizations worldwide to implement the downsizing strategy is acknowledged as economic disturbances. Cascio (2002) further mentioned that no evidences have been derived pertaining to the benefits being acquired by implementing downsizing strategies. The managers need to be cautious, while implementing the downsizing strategy, as it imposes traumatic costs upon the employees. Apart from this, it has also been observed that the downsizing strategy also lays an impact on the employees who remain with the organization. With regard to downsizing, the best ways being implemented are explained by Cascio (2005). Correspondingly, Primitive lay-offs with respect to the large firms reflect about the companies that foster downsizing with a motive to reduce the cost. In accordance with the recent scenario, the organizations are not only firing the employees but are also involved in the hiring of excellent skills. Besides, as observed by Cameron (1994), employees are accepting the downsizing as justified. This is emerging because they are aware of the company’s slow down with regard to the economic growth (Cameron, 1994). 2.3 Best Ways of Expansion Onichakwe (2010) highlighted that the employees act as the pivot for the expansion strategies. Furthermore, the key elements in bets ways for expansion incorporate qualitative policies and decision making aspects. Organizational expansion also frames a strong and effective financial base. On further note, the view given by Hart (2012) reflects about the various expansion methods that ensure effective organisational development. Internal expansion primarily involves utilizing a company’s resources for acquiring the desired benefits. In this regard, it can be observed that a company’s own capital along with employees provide a scope to earn profit. Besides, the other way of expansion is franchising. Correspondingly, this method of expansion is considered as the distribution technique, within which the goods and services are being marketed by other parties. The other method of expansion strategy is to involve in partnerships and joint ventures. Licensing, dealership and distributorship among others are also amid the best ways to expand for the organisations in a developing nation. In relation to the dimension of partnership, it acts as a crucial factor amid the global organisations in the recent years. This strategy facilitates the organisations to enable strategic advantages derived from the best operational approaches of partnering companies. Additionally, this approach also leads to restructuring of the organisational culture, structure and operational procedure which can create certain hindrances in the initial period of partnership (Hart, 2012). Chapter 3: Research Objective and Approach The purpose for this proposed research is to analyse the best ways of expansion and restructuring/downsizing of the leading organizations situated within the UAE. In fact, the key intention for this research includes finding out the best practices of the organizational changes on the UAE based industries. The key challenge that might emerge during the process of the research study is to sort out relevant and irrelevant data from the available sources. The literature review mentioned above provides a picture about the various definitions and concepts related to the organizational expansion, downsizing and restructuring. In this proposed research study, qualitative research approach will be adapted to derive relevant information. Under the qualitative research approach, within the domain of qualitative research secondary sources will be taken into consideration. In this regard, a case study based approach will be followed to collected revenant data from secondary sources. Global case examples related to restructuring/downsizing and expansion will be derived focusing on organisations that have made use of these strategies in recent years. This will enable to sort out suitable strategies for organisations operating in the UAE. Moreover, a structured interview will be conducted with around 10 middle level managers of renowned UAE based organisations will be contacted along with university lecturers of leading UAE universities to derive a practical understanding related to the best ways of organizational restructuring/downsizing and expansion. From the determined evidences and approaches from qualitative research, a justified conclusion will be derived regarding the best approaches related to key organisational downsizing, restructuring and expansion strategies. Chapter 4. Work Plan and Implications With the advent of modernization, competitiveness within the market has increased to an extensive level. It is becoming difficult for the organizations to sustain in the midst of the competitive market scenario. Recently, the world has faced a recessionary period that has impacted the operations of the organizations worldwide. During this particular recessionary period, the organizations had applied restructuring/downsizing strategies. This particular research study will focus on the best ways of practicing restructuring, downsizing and expansion of the leading organisations. To narrow down the study, the UAE have been selected as the base for determining the relevant data with respect to the best ways of organizational restructuring/downsizing and expansion. The work plan in order to execute the entire research study includes various procedures. In this respect, it can be further mentioned that the study will initiate with the introduction part. The introduction will provide an overview about the concepts and the key words. Subsequently, the next chapter of the research study will include literature review. In the literature review section, the materials will be derived from the scholarly journals. The literature review includes three vital headings i.e. best ways of organisational restructuring, downsizing and expansion. Under the context of best ways of organizational expansion, the research study will entail various general literatures on the differentiated ways of organizational expansions. It will further entail the evaluation of organizational expansions on the UAE context. Apart from this, the literature review will also entail an evaluation of best ways pertaining to the organizational downsizing/restructuring. In the similar context, it will contribute to the general concept as well as in the context of the UAE. The implication of the literature review is that, it will provide wider knowledge about the subject matter and its importance in the global context. Gantt Chart of the Work Plan: Project Activities Months Month 1 Month 2 Month 3 Month 4 Month 5 Month 6 Month 7 Month 8 Formulation of Research Objectives Literature Review Preparation of Research Design Data Collection Process Data Analysis Process Analyzing Findings Conclusion Submission of the dissertation Chapter 5. Conclusion The proposed research study would provide an overview about the best ways along with the importance of organizational downsizing/restructuring and expansion for sustainability. The aforementioned organizational policies lay a greater impact on the organisational sustainability. Organizational change in any case affects the entire system and therefore requires they best methods to be implemented. In order to reach a valid conclusion, a structured interview with middle level managers and university lecturers will be conducted. Moreover, relevant case studies will be evaluated regarding the global organisations that have focused on restructuring, downsizing and expansion in recent years. This research approach will enable to derive both practical and conceptual understanding of the best ways that can be followed related to restructuring, downsizing and expansion by UAE based companies. The proposed research can be termed to be scientifically valuable as it will enable to determine a comprehensive industrial overview on the UAE market. References CASCIO, W. F. 2002. Responsible Restructuring: Creative and Profitable Alternatives to Layoffs. Berrett-Koehler Publishers. CASCIO, W. F. 2005. Strategies for responsible restructuring. Academy of Management Executive, 19(4), 39-50. CAMERON, K. S. 1994. Strategies for successful organizational downsizing. Human Resource Management, 33(2), 189-211. EVANS, M. D. R. AND KELLEY, J. 2002. Australian Economy and Society, 2001: Education, Work, and Welfare. Federation Press. GANDOLFI, F. 2006. Corporate Downsizing Demystified: A Scholarly Analysis of a Business Phenomenon. ICFAI Books. HART, D. A. 2012. Methods of business expansion. Bzbm, 1-9. ONICHAKWE D. A. 2014. Expansion or Growth in Business Organizations. Articles. ORMAN, M.C. 2010. 18 Ways To Survive Your Companys Reorganization, Takeover, Downsizing, or Other Major Change. Job Stress. SOMEKH, P. & IREMONGER, J. 2012. United Arab Emirates drafts financial restructuring law to promote business. Restructuring E-Newsletter - Global Insight. THE DIEL GROUP. No Date. Organizational Restructuring. The Challenge, 1-6. Read More