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When to Restructure | N2Growth Blog

N2Growth Blog

This is so much the case that some CEOs will avoid restructuring initiatives at all costs. There are even some business theorists that warn against undertaking complex restructurings because of the great risks involved. That is the question that many a business is forced to ask at some point during their life cycle.

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AI and Productivity: MIT Research Unveils ChatGPT’s Impact on the Next Industrial Revolution

HR Digest

Task Restructuring: ChatGPT’s impact on writing tasks was notable, with participants spending less time on rough drafting and more time on editing after integrating the AI tool. This level of personalization enriches customer satisfaction and loyalty, driving productivity through improved customer engagement.

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Competitive Advantage from the Bottom of the Pyramid

LDRLB

The BoP markets are a hotbed for innovation and companies that are able to mold their business models to fit within this paradigm can truly alter traditional business models. LG also restructured its organization by promoting locally which further endeared the brand. Innovation Sandbox” was the term coined by C.K.

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Retain Your Top Performers

Marshall Goldsmith

Leaders are debating the changing nature of work and the perceived decline in job security (the lifelong career at a benevolent company is a fading memory) and the erosion of corporate loyalty. Restructuring has led to fewer layers of management, also to fewer opportunities for promotion. The decline in opportunities for promotion. .

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0508 | Orly Lobel: Full Transcript

LDRLB

We all understand that these days it’s really not so much the number of cars or assembly line or factories that a company has, but really its ability to keep up, to be competitive, to be innovative and what gives the company its competitive edge is really the people who make it. What can we do to take advantage of this idea?

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Down with Knee-Jerk Downsizing

Harvard Business Review

Its opening sentence: "Despite another quarter of robust corporate profits, an ominous impulse is stirring at many big companies — restructuring.". In his work on responsible restructuring, Cascio discovered profitable alternatives to employee layoffs. This strikes us as a knee-jerk reaction and a bad idea.

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If You Think Downsizing Might Save Your Company, Think Again

Harvard Business Review

Among these: Downsizing firms lose valuable knowledge when employees exit; remaining employees struggle to manage increased workloads, leaving little time to learn new skills; and remaining employees lose trust in management, resulting in less engagement and loyalty.