Downsizing is framed within the context of removing or taking out employees witch are of much use to the company’s work process, or their performance is not adequate. It is almost like upgrading your old pc, and taking out the old and obsolete parts. Many successful companies nowadays engage in downsizing as a purposeful and proactive strategy. Interestingly though, some studies have shown that only a handful of companies actually have improved organizational performance with downsizing. Downsizing may prove to be a good solution to some of the companies financial and staff performance problems, but downsizing has wiped out hundreds and thousands of jobs all over the world, disrupted the lives of many employees, and changed the face of employment forever. In conclusion downsizing may be the only solution to many companies and their problems, but it leaves be hind an enormous scene of unemployment, and opens up many doors to the employees that were better left closed.
Sometimes downsizing is not the only solution to a company, they could consider training some of the employees. Now to address the second part of the question, which is about finding employees with the right qualifications to fit the desired post. Most companies nowadays look for employees with the right qualifications, but they are not willing to pay high salaries. There are many qualifications that companies seek when they are employing people to their workforce. They range from the basic ones such as enthusiasm, personality, outer appearance and so on. To the more elaborate such as technological and technical skills these are most important to data analysis, research and development sectors of a company.
The Review on Benefits of Downsizing for both the Company and Employee
Downsizing, �a systematic reduction of a workforce by an employer� (pages.infinit.net/Rodrigo/downsizing.html), is a popular practice in large firms these days, and for good reason. Downsizing can reduce the company�s expenses, increase productivity, free up workers for other industries, speed up the corporate decision making process, raise stock prices, and lower unemployment percentages. ...
Visionary skills will also be in demand, for the ability to gather and analyze a wide range of data, and then this input and knowledge to guide the organization in to the future will be vital. The ability to learn will be above everything else will be very important, empowering people to grow and help their organizations achieve their desired goals & objectives. Some of these skills are innate, but many people enhance their ability to learn through college and university courses. We can say that there are many points witch organizations look for when employing people, this huge list of prerequisites if I can say is the trouble.
I’m not saying that companies should take in any one seeking employment, but that they should consider some of the candidates that show initiative and who are willing to learn and improve in the industry, as a sort of investment to their organization.
