文档介绍:Individual Oral Presentation
downsizing in a period of economic downturn
Name:
Student No.:
Class:
OUTLINE
◎ n
corporation
cause
panic, unrest
& tension
Negative feelings:
low morale / helplessness
guilty / anxiety / anger
(Brockner et al., cited in
Manson 2000, p. 3).
lack sense of
well being, no
longer trust in
organization.
feel sharp disappointment,
& betrayal;
regard companies biased,
less secure;
think their contributions
will not pay off.
(Kettley 1995, paras 4-5).
DISADVATANGES
Suffer losses in
qualified
Personnel
good reputation
&social trust
Bear costs in
recruitment
& reorganizing
production
(David, cited in
Turner 2003, paras 2)
a reduction in creativity
(Downs 2006)
OTHER DISASVANTAGES
♦ make the burden of government heavier.
— unemployment rate
— tax deficits
♦ set obstacle for society
to get over crisis.
ADVANTAGES
reduce costs
ease financial pressure
An immediate way to
However, no valid and adequate evidences show there is a strong relationship between corporate downsizing and promoted financial performance (Wayne 2003, p. 3).
CONCLUSION
◆ Downsizing cannot fundamentally solve the problems a corporation faces during crisis.
◆ Various employee and organization problems
◆ Impact to society
◆ For corporations, stable, cohesive & exc