5 Steps of Company Reorganizations (Heidari and Heywood)

Restructuring
Knowledge Center

 
Restructuring > Forum

New Topic


Chloe Xu
Director, Australia
🔥NEW As John Ferraro, the former COO of Ernest & Young, once said, “Every company today is being disrupted and so must frequently reorganize to keep up with the incredible pace of change.” (Heidari-Robinson and Heywood, 2016). However, few reorganization attempts are entirely successful. Given that, how to handle reorganizations is important. Despite the common belief that reorganization is so fluid and dynamic that it would be hard to impose an established process for it, Heidari-Robinson and Heywood argue that companies need to take a more systemic approach if reorganizations are to deliver their potential. They developed a five-step process for running reorganizations. DEVELOP A P&L STATEMENT. A reorganization is indeed a business initiative like any other, similar to a marketing plan, a product launch, or a capital project, so you should start by defining the benefits, the costs, and the timeframe. Earlier similar initiatives in your organization, and the experience of employee (...) Read more? Sign up for free

 

More on Restructuring
Summary
Forum
5 Steps of Company Reorganizations (Heidari and Heywood)
Quotes on Restructuring. Quotations
Reasons for Failing Restructuring Process
Restructuring: what to do with Employees that don't Fit in ?
Restructuring Cases and Examples
Special Interest Group

Are you interested in Restructuring? Sign up for free

Notify your students

Copy this into your study materials:

and add a hyperlink to:

Link to this discussion

Copy this HTML code to your web site:


Restructuring
Knowledge Center

 


About 12manage | Advertising | Link to us / Cite us | Privacy | Suggestions | Terms of Service
© 2021 12manage - The Executive Fast Track. V15.8 - Last updated: 27-2-2021. All names ™ of their owners.