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Strategic management refer to the examination of the factors that are very closely associated with the customers, competitors and organization where it provides ways for to rethink about the management practices that are being implemented. It is focused towards the long term…
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Download file to see previous pages... This usually happens when the organization is not in a position to manage the human resources or due to the worse business condition or depression in the economy. The termination of the employees from the organization is an emotional event for all the employees who are thrown out of the organization and who are still working in the organization. This is a major problem faced by the people in the economy as due to the worse economic recession. Many reputed firms were forced to put their talent employees due to this reason. This made the employees to lose their trust on the organization and this lead to low productivity in the organization. This also led to the decrease in employee morale. The important measure that has to be taken for this is to make employees aware about the reason for what they are being moved out from the organization.
The “guidelines will help companies handle layoffs in a way that affords dignity to those let go and reassures survivors that the downsizing decision wasnt made arbitrarily” (Robbins, 2009, para.2). This will help in creating a positive attitude among the employees towards the organization. This will create an optimistic approach among the employees and will increase the overall productivity if the employees. Special care has to be given on those employees who still have a fear in their mind that they might lose their job. This fear will decrease the productivity of the employees. It is the responsibility of the organization to remove the fear and make the employees to be productive at his best. Manager should often communicate with the employees regarding the work performance and necessary instructions have to be given for increasing their productivity. “Discussing and acknowledging the companys position is the first step to keeping people involved — and committed to solving problems they understand” (Robbins, 2009, para.3).
When the company realizes that the layoff is important then prior ...Download file to see next pagesRead More
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