THE DOWNSIDE OF DOWNSIZING: RETAINING THE PRODUCTIVITY EDGE IN AN AGE OF RESTRUCTURING

Abstract

As organizations restructure and downsize to remain competitive, there are a number of short and long range consequences that impact on organizational effectiveness and productivity. Discusses organizational restructuring from a career development perspective, showing how career development practitioners can guide organizations in minimizing the negative consequences of downsizing. Discusses briefly the dynamics of restructuring, especially as it impacts on surviving employees, and it offers suggestions, such as career planning workshops and transition training, that career development practitioners can bring to their organizations. Advises that common sense is the most potent force in the restructuring process. Concludes by proposing that career development practitioners challenge the basic assumptions that lead organizations to see restructuring as nothing more than a cost of doing business.