Industrial Inefficiency and Downsizing

Industrial Inefficiency and Downsizing PDF Author: Matthew B. Krepps
Publisher: Taylor & Francis
ISBN: 0815330170
Category : Business & Economics
Languages : en
Pages : 152

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Book Description
First Published in 1997. Routledge is an imprint of Taylor & Francis, an informa company.

Industrial Inefficiency and Downsizing

Industrial Inefficiency and Downsizing PDF Author: Matthew B. Krepps
Publisher: Taylor & Francis
ISBN: 0815330170
Category : Business & Economics
Languages : en
Pages : 152

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Book Description
First Published in 1997. Routledge is an imprint of Taylor & Francis, an informa company.

Downsizing in America

Downsizing in America PDF Author: William J. Baumol
Publisher: Russell Sage Foundation
ISBN: 1610440315
Category : Business & Economics
Languages : en
Pages : 332

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Book Description
In the 1980s and early 1990s, a substantial number of U.S. companies announced major restructuring and downsizing. But we don't know exactly what changes in the U.S. and global economy triggered this phenomenon. Little research has been done on the underlying causes of downsizing. Did companies actually reduce the size of their workforces, or did they simply change the composition of their workforces by firing some kinds of workers and hiring others? Downsizing in America, one of the most comprehensive analyses of the subject to date, confronts all these questions, exploring three main issues: the extent to which firms actually downsized, the factors that triggered changes in firm size, and the consequences of downsizing. The authors show that much of the conventional wisdom regarding the spate of downsizing in the 1980s and 1990s is inaccurate. Nearly half of the large firms that announced major layoffs subsequently increased their workforce by more than 10 percent within two or three years. The only arena in which downsizing predominated appears to be the manufacturing sector-less than 20 percent of the U.S. workforce. Downsizing in America offers a range of compelling hypotheses to account for adoption of downsizing as an accepted business practice. In the short run, many companies experiencing difficulties due to decreased sales, cash flow problems, or declining securities prices reduced their workforces temporarily, expanding them again when business conditions improved. The most significant trigger leading to long-term downsizing was the rapid change in technology. Companies rid themselves of their least skilled workers and subsequently hired employees who were better prepared to work with new technology, which in some sectors reduced the size of firm at which production is most efficient. Baumol, Blinder, and Wolff also reveal what they call the dirty little secret of downsizing: it is profitable in part because it holds down wages. Downsizing in America shows that reducing employee rolls increased profits, since downsizing firms spent less money on wages relative to output, but it did not increase productivity. Nor did unions impede downsizing. The authors show that unionized industries were actually more likely to downsize in order to eliminate expensive union labor. In sum, downsizing transferred income from labor to capital-from workers to owners

Responsible Restructuring

Responsible Restructuring PDF Author: Wayne F Cascio
Publisher: Berrett-Koehler Publishers
ISBN: 1605095672
Category : Business & Economics
Languages : en
Pages : 148

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Book Description
Firms that restructure through downsizing are not more profitable than those that don't, and often end up hurting themselves in the long run. Responsible Restructuring draws on the results of an eighteen-year study of S&P 500 firms to prove that it makes good business sense to restructure responsibly-to avoid downsizing and instead regard employees as assets to be developed rather than costs to be cut. Wayne Cascio explodes thirteen common myths about downsizing, detailing its negative impact on profitability, productivity, quality, and on the morale, commitment, and even health of survivors. He uses real-life examples to illustrate successful approaches to responsible restructuring used by companies such as Charles Schwab, Compaq, Cisco, Motorola, Reflexite, and Southwest Airlines. And he offers specific, step-by-step advice on what to do-and what not to do-when developing and implementing a restructuring strategy that, unlike layoffs, leaves the organization stronger and better able to face the challenges ahead.

The Changing Structure of the Global Large Civil Aircraft Industry and Market

The Changing Structure of the Global Large Civil Aircraft Industry and Market PDF Author:
Publisher: DIANE Publishing
ISBN: 1457824930
Category : Aircraft industry
Languages : en
Pages : 228

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Book Description


Automobile Industry

Automobile Industry PDF Author: Leon R. Domansky
Publisher: Nova Publishers
ISBN: 9781594546860
Category : Business & Economics
Languages : en
Pages : 230

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Book Description
Like it or not, the automobile industry is now and will remain an overwhelming factor in the lives of most people - if not an owner and driver, then as a pedestrian or a breather of air, which is being polluted by the gas-guzzling and vile-air belching monsters created for our individual hedonistic pleasure. This book presents issues of current interest to those who cannot ignore their presence.

The Sausage Rebellion

The Sausage Rebellion PDF Author: Jeffrey M. Pilcher
Publisher: UNM Press
ISBN: 9780826337962
Category : Business & Economics
Languages : en
Pages : 260

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Book Description
This study of the Mexican meat industry's resistance to American processing methods illustrates one of the popular origins of the Revolution of 1910 and how Mexican butchers preserved their traditional craft.

International Labour Documentation

International Labour Documentation PDF Author: International Labour Office. Central Library and Documentation Branch
Publisher:
ISBN:
Category : Labor
Languages : en
Pages : 634

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Book Description


Basic Economic Principles

Basic Economic Principles PDF Author: David E. O'Connor
Publisher: Bloomsbury Publishing USA
ISBN: 0313000328
Category : Business & Economics
Languages : en
Pages : 265

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Book Description
This user-friendly guide explains economic concepts and principles in a lively, informative way. Clear and easy-to-understand definitions and explanations, with examples that relate to issues and problems relevant to teenagers, will help students gain a better understanding of economics. In 15 chapters, the guide covers all the basic information students need to understand the basic concepts and principles of economics, including: definition of economics in historical context; how various economics systems work; how prices are set in the U.S. economy; consumer behavior; factors of production; types of businesses; competition in the marketplace; the functions of money; banking and credit; types of investments; the federal budget and taxation; federal monetary and fiscal policies; income distribution in the United States; labor and management issues; international trade. Each chapter explores a key question in economics, is illustrated with graphs and tables, and features the latest economic data. Profiles of the major economic thinkers who influenced thinking on concepts and principles provide historical context. In addition to improving students' conceptual understanding, the guide also encourages critical thinking by investigating controversial issues related to topics as varied as the minimum wage, the decay of our natural environment, poverty, and business ethics of multinational corporations. An extensive glossary of key economic concepts, terms, and institutions is a handy tool. Unlike cut-and-dried, difficult to follow reference works on economics, this guide, designed and written especially for students, will help readers better understand economic information and issues.

The Malaysian Banking Industry

The Malaysian Banking Industry PDF Author: Rozaimah Zainudin
Publisher: Routledge
ISBN: 1351000497
Category : Business & Economics
Languages : en
Pages : 141

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Book Description
The book provides students and academics in finance and banking with the most recent updates and changes in the Malaysian banking sector post-AFC period. The book explores the evolution of banking policies and practices after the "Tomyam Goong Crisis" and investigates the health of Malaysian banks via efficiency measurement. In addition, it also presents the evolution of bank risk management regulations and practices in Malaysia. The book also discusses the effectiveness of the Malaysian bank bailout strategy with comparison to the banks’ bailout in developed countries such as the US. This book is important and timely since there are very limited books in the market that cover the recent developments on Malaysian banking sectors post-AFC period. Hence, this book serves as the valuable resource for all finance and banking students, academic researchers, and practitioners not limited to the Asian region that require in-depth insights on the latest policies and practices in the Malaysian banking sector.

Workforce Reductions

Workforce Reductions PDF Author: Thomas Hickok
Publisher: Center for Creative Leadership
ISBN: 9781882197521
Category : Downsizing of organizations
Languages : en
Pages : 108

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Book Description
Annotation Brings together the prevailing thinking surrounding the issue of workforce reduction to help managers and executives ensure a successful transition to a more robust and effective organization. Articles and books reviewed were found in both practitioner-oriented sources such as magazines and popular books, as well as scholarly journals. Sources were selected for annotation based on their perceived relevance to the body of literature, their unique perspective, and their general interest. Entries are in-depth, with many a page or more in length. Annotations are organized in three sections on the organizational, the organization-individual relationship, and the individual perspectives. Section introductions summarize key themes. Hickok holds a Doctor of Public Administration degree from the University of Southern California, and is a consultant to the US Defense Intelligence Agency. Annotation c. Book News, Inc., Portland, OR (booknews.com)