Rightsizing

Rightsizing is still one of the most pertinent corporate issues in the 1990s as organizations continue to operate in conditions of economic depression, cost constraints, intense competition, market deregulation and structural changes such as mergers and acquisitions. Subsequent to this most industries have experienced slowed growth in a period of intense competition that is complicated by the high degree of uncertainty in the business environment. In these circumstances a fundamental dilemma is to maintain both high organization adaptability and high workforce commitment. This is a difficult task because the constant resizing and restructuring required for adaptability may undermine the employee security needed for commitment.

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Rachid Zeffane and Geoffrey Mayo