The Implications of Downsizing (Rightsizing) to the Employees, Research Paper

The Implications of Downsizing (Rightsizing) to the Employees, Communities, and Families of the Employees - Research Paper Example    Downsizing exposes the employees, communities, and the families of employees to psychological, emotional, and physical distress whether they remain employed or get fired. Generally speaking, the implications of downsizing include embarrassment, lack of the source of income, depression, low self-esteem, emotional abuse, social exclusion, and poverty.   I shall also identify the relative importance of the three kinds of stressors, so that the most significant, the significant, and the least significant stressors are identified separately. The expected outcome of the result is a list of contributors of psychological, emotional, and physical distress for the identified populations, along with the relative importance of each category of stressors. Knowledge of these stressors is the preliminary step towards the identification of the potential ways in which the effect of these stressors can be reduced. ... The first challenge in front of these employees is to seek employment somewhere else. Since they have not left the organization on their own and have rather been fired, this serves as a very negative point if the employees cannot somehow manage to prove that they left the organization on their own. The recruiters tend to suspect the eligibility of such employees for the job because they were rejected by their previous employers. Downsizing is mostly a consequence of the deteriorating political and socioeconomic conditions in a country, so when one organization downsizes, most of the other organizations are also doing the same. Finding a job in these circumstances becomes even more difficult for the employees. The process of searching for the job is not only physically tiring but is also emotionally demanding as one has to face the high expectations of the friends and family members who depend financially on one with no job in hand. The second challenge in front of the unemployed empl oyee is the constant feeling of embarrassment in front of the friends and family members. Owing to the shortage of money, it is not very uncommon for one to decline to the level that one has to ask friends for money, which in itself is a very embarrassing process, and often the loan is not granted without interest that puts the individual into an even greater financial stress for the time to come. The employees have to meet the daily needs in an increasingly tough environment wherein the prices of things are skyrocketing. All of these factors mutually function to negatively affect the individual’s health and psychology.  Ã‚  

Information system in Management Essay Example | Topics and Well Written Essays - 750 words

Information system in Management - Essay Example It is therefore clear that by identifying strength position, business can take fair advantage, eliminate wrong situations and eventually creating sustainable advantage. Supplier power is one of the important forces which help business to determine ease of driving up prices by the suppliers. Business may counterbalance this force by standardizing specifications in parts for it to change among suppliers easily. Business may decide to add more vendors or even change technology to eliminate coming together of strong suppliers. By standardizing specifications, adding more vendors and changing technologies, it would be easy to weaken supplier power hence creating sustainable advantage (Porter, 2008). Additionally, there is buyer power which includes the number of buyers as well as their importance to the business. Business would have sustainable advantage if the number of buyers who can control the business and lower down pressure. Business should therefore attempt to disperse their buyers and ensure that not a few buyers can control it by dictating transactional terms. Moreover, business may have tremendous strength if there are few competitors in the industry. Competitive rivalry is a very crucial force that every organization must take serious note of. For sustainable advantage, a firm may decide to differentiate her products and add value as a way of staying ahead of their competitors. This will also reduce the threat of substitution through supplying of unique products that cannot be easily substituted hence boosting a business power. Furthermore, threat of new entry is very important because the easier it is to enter the market due to minimal cost and time, the bigger the threat. An organization should try as much as possible to guard her key technologies and increase economic of scales which strengthens durable barriers hence providing favorable position (Porter, 2008). It is important for every business to create value since it is out of the value created