Tuesday, June 11, 2019
A Study into the Process of Downsizing and Reengineering Essay - 2
A Study into the Process of Downsizing and Reengineering - Essay Examplewnsizing and reengineering as well as practical applications need to focusing total quality management (TQM), improvement of total level of strategic thinking, reengineering instead of downsizing whenever possible, process safety management (PSM), and other factors.Managing expert Geoffrey pack argues that downsizing is one of the five stupid management concepts that should be cut from the management corpus (2010). How, exactly, did the company get into a situation where it needed to extract people in order to remain competitive?, James asks. Yes, markets can be unpredictable and things can change at the drop of a hat, further this is what management is for. Downsizing is a sign of company failure It is a sign that the company did not anticipate the changing marketplace and grew too oftentimes or spent too much. Downsizing is passing the buck Management failed, but workers pay the bill. When downsizing is re quired, CEOs should be fired, not improved.Reengineering needs to be conceptually separated from downsizing. Downsizing is almost by definition cutting down capital, particularly labor. It involves terminating peoples jobs, hurting resumes, economic dislocation and externalizing onto the system. But reengineering is a far much generic term. Reengineerings popularity has led to a backlash effect (Business Architects, 1999). It is often confused for downsizing, and thus has become negatively associated with the concept. Further, reengineering, unlike downsizing, can be conceptually bleary (Business Architects, 1999). Whats the bright line between reengineering and simply changing a companys strategic approach? If reengineering involves firing somewhat people, isnt that downsizing? What if it merely involves some demotions, or some increases in responsibility without commensurate increases in pay? Nonetheless, reengineering is in fact very different from downsizing, and has unfortuna tely been falsely associated with downsizing when it is conceptually
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