How organisations can survive redundancy
Article Abstract:
The example of the UK building society, the National and Provincial Building Society, is an illustration of how organizations can survive layoffs. When the National Provincial decided to reduce its number of district managers in half, the building society was faced with appraising the competencies of managers while controlling the flow of information and maintaining the morale of the managers. The firm created a rigorous selection process for selecting the most competent managers that drew on all the personnel and management information available and that was based on four criteria: perception, performance, consensus, and consultation. The redundancy process created a two-stage communication process to communicate how and why the changes were taking place. The redundancy process used an outplacement group to handle career transition of managers made redundant.
Publication Name: Personnel Management
Subject: Human resources and labor relations
ISSN: 0031-5761
Year: 1990
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Downsizing and the changing role of HR
Article Abstract:
Research into the impact of downsizing on the role of human resources (HR) indicates that downsizing has exerted a positive influence on the role and positioning of the HR function. It is clear that HR professionals face a number of challenges in relation to downsizing, especially issues to do with the general well-being of employees. In the future, the key challenges for HR professionals may arise from dealing with the long-term impact of downsizing.
Publication Name: International Journal of Human Resource Management
Subject: Human resources and labor relations
ISSN: 0958-5192
Year: 1999
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