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Category > HR Management Posted 26 Oct 2020 My Price 10.00

LDR 736 Week 6 Individual Assignment Decision-Making Strategy

LDR 736 Week 6 Individual Assignment Decision-Making Strategy

Prepare a 1,750- to 2,100-word white paper that details a strategic approach to leadership and decision making for the following scenario:

 

Despite extensive efforts to remain competitive, your organization experienced a significant loss of revenue in the last fiscal year. After analyzing, forecasting, and discussing the related factors with your leadership team and board of directors, you have determined that your organization must be restructured to accommodate a smaller operating budget. While this change is in the best interest of the organization, it will also have substantial implications. As an initial step, you must devise a plan for reducing your total workforce by a minimum of 20%.

 

You must leverage your knowledge and experience to conceptualize a detailed decision-making strategy for this scenario. Your strategy must also be supported with evidence from the scholarly literature. Consider the following questions as you develop your assignment:

 

  • What initial factors must be considered?
  • How will you decide which functional areas in the organization will be affected by the reduction in force?
  • How will you determine which employees will be terminated?
  • Who will you involve in the decision-making process?
  • What ethical considerations are involved in making forced reduction decisions?
  • What type of severance package will you offer, if any?
  • How will you communicate this change?
  • How will you maintain performance and morale?

 

Include a brief background section (which you may embellish) that provides enough information for your audience to understand both the underlying problem and solution.

 

Answers

SmartExpert
(118)
Status NEW Posted 26 Oct 2020 04:10 AM My Price 10.00

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