Running head: REASSESSMENT AND ADJUSTMENT 1
REASSESSMENT AND ADJUSTMENT 2
Reassessment and Adjustment
When downsizing the workforce, it is very imperative for employers to remain proactive by looking into both the long-term goals and problems. One of the modifications to the solutions that I can make based on the reassessment is ensuring strategic downsizing such that the numbers of employees who remain in the organization are adequate so that their productivity meets supply effectively. The business should downsize all the poor performing employees and retain those with a remarkable performance. The business should be transparent enough and explain to the employees the reason for downsizing so that they can remain positive and engaged in the transition process (Cooper, Pandey, & Quick, 2012). Strategic downsizing will assist the business to meet the customer's demand for products.
Strategic downsizing of the employees will help the company to retain its suppliers since the level of productivity will not decline. There will thus be lower chances of suppliers trying to argue that the company is in a financial turmoil and doubt its ability to pay them. If the business retains good performing employees, the level of output will effectively meet demand in the market, and it will thus be easy to retain customers. The business will have adequate resources to pay its suppliers while avoiding the expenses of switching from one supplier to another, helping it to compete effectively in the market and maintaining a good relationship with suppliers.
The local community is an important aspect of the stakeholders in an organization. Strategic downsizing will not affect the relationship between a business and society since the business can meet the needs of its customers effectively. The business will also have a good relationship with the employees in the community because the employee clearly understands the reason for downsizing and this reduces the chances of any rumors that are likely to cause distraction and worry in the community (Gandolfi, 2006). The organization will thus be in a position to retain a good relationship with the community.
References
Cooper, C., Pandey, A. & Quick, J. (2012). Downsizing: is less still more. Cambridge: Cambridge University Press.
Gandolfi, F. (2006). Corporate downsizing demystified: a scholarly analysis of a business phenomenon. Hyderabad, India: ICFAI University Press.