Advantages of Restructuring an Organization
Successful restructuring can give much stronger, more creative and more efficient team. Organization should be careful not to make too centralized and bureaucratic management because then the team faces problems to respond rapidly to changing conditions in the marketplace. To implement such kind of restructuring, lower- level managers and employees need to have the authority to make important decisions and to be responsible about decisions that they are making. Another good idea is to restructure different departments even though some departments can be liquidated and people dismissed. …
Nowadays the term „restructuring” gets more and more popular both in private and also in public sector. Since competitive pressures have intensified, organizations are forced to find creative solutions to survive in crisis and get maximum profit from operations. The only possibility to stay competitive is to restructure an organization. In my essay I would like to look closely to advantages of organizational restructuring: more efficient team, better technologies and innovations.
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