Special Report: Change management and reorganisation
Corporate restructuring ranges from reallocating job roles to existing staff or changing reporting lines to the complete dismantling of a division or the entire organisation, but it would be unusual for anyone reading this not to have been through a reorganisation of some kind.
Forbes conducted similar research and found that only one of the top 100 companies in 1917 was still in the top 100 in 2013, although another 21 were still trading. The one company left in the top 100, GE, has undergone multiple reorganisations over the years.
Conducting a reorganisation is not going to be a guarantee to save a moribund company, but failing to ever look at how the company performs and delivers its products and services could result in its demise. Companies offering niche products may have more immunity from the need for diversification, but every company undergoes change at some point in its life and a few will be undergoing restructuring on an almost continual basis.
Boston Consulting Group conducted a rigorous review of required factors which almost guaranteed reorganisation efforts – these are on page 8.
We hope that the articles in this report might help with your reorganisation – best of luck!
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