{"id":1056,"date":"2021-01-08T22:58:13","date_gmt":"2021-01-09T06:58:13","guid":{"rendered":"http:\/\/themanwhosoldtheweb.com\/blog\/?p=1056"},"modified":"2021-01-08T22:58:15","modified_gmt":"2021-01-09T06:58:15","slug":"restructuring-assessment-processes-and-methods-for-redeployment","status":"publish","type":"post","link":"http:\/\/themanwhosoldtheweb.com\/blog\/2021\/01\/restructuring-assessment-processes-and-methods-for-redeployment\/","title":{"rendered":"Restructuring: Assessment Processes and Methods for Redeployment"},"content":{"rendered":"\n
\"Stock<\/a><\/figure><\/div>\n\n\n\n

Organizations that have survived over time have had to reinvent themselves over and over with the changes in the environment.  These Business Transformations<\/a> almost always include Cost Reduction that tend to lean towards Headcount Reduction.  Headcount Reduction is typically achieved using 2 approaches:<\/p>\n\n\n\n

  1. Downsizing<\/li>
  2. Restructuring<\/li><\/ol>\n\n\n\n

    Downsizing keeps the fundamentals of the roles same with only fewer people performing those roles.  Whereas, Restructuring<\/a> creates new roles, as well as modify existing roles, requiring a new mix of skills or altogether new resources to perform them.<\/p>\n\n\n\n

    Restructuring presents a more challenging task in that a new mix of skills has to be identified for each role, an Assessment Process has to be set up to assess existing employees against new competencies, and Redeployment after Restructuring<\/a> (or new recruitment) done.<\/p>\n\n\n\n

    The important question in both scenarios is:  Who should we eliminate and who should stay?<\/p>\n\n\n\n

    The question can be answered by devising and using key criteria to evaluate and then choose the most relevant assessment method.<\/p>\n\n\n\n

    Assessment of employees is key in both Downsizing as well as Restructuring.  The Assessment Process has to be vigorous enough to identify the right employees to keep and lay off.  A broader assessment process ensures coverage of more aspects of a new role which in turn makes the assessment process fairer.  Measures, in this regard, may include:<\/p>\n\n\n\n