Challenges
- Drastic decline in employee morale & productivity levels with a prolonged recovery period
- Organization brand & reputation negatively affected
- Goodwill with key stakeholders greatly diminished
In today’s rapidly changing business landscape, organization restructuring is occurring a lot more frequently. Research shows that 26% of HR departments added organizational restructuring to their portfolios in the last 12 months, making it the most commonly added area of responsibility for the fifth year in a row.
While organizations restructure, key business leaders and HR plays a strategic role in anticipating the challenges that organizations will face during and post-restructuring.
Challenges
In the event of an outplacement exercise, they have to ensure an incident-free exercise to maintain the goodwill with key stakeholders. For a successful M&A exercise, HR needs to examine post-M&A initiatives to rebuild the morale and productivity of the workforce and more importantly align them with the new organization’s direction.
Find out how Calent3 partner organizations that are restructuring from pre-planning, implementation to post-event initiatives.
Case studies coming soon!