Benefits of Efficiency - A study by Artur Victoria

Efficiency benefits the following people in the following ways:

- Investors, through greater profits; - Workers, through higher wages and salaries; - Consumers, through cheaper, better, and more abundant products through successful competition with cheaper labor from abroad - The world, through teaching better methods and making available more products for all the world leia todo o artigo

The Effects Of Downsizing Human Resources - A study by Artur Victoria

A process issue that deserves careful thought in contemplating a downsizing concerns the choice between dramatic, swift cuts versus a more gradual, less wrenching approach. The advantages of a gradual approach are apparent: The firm may be unsure how deeply to cut and a onetime massacre runs the risk of cutting too much. Of course, the psychological costs may be attenuated by a gradual approach. Local labor markets may be better able to absorb the discharged workers if they are discharged gradually, which in turn may ameliorate the adverse impact on the local economy and community. On balance, however, those who have suffered through downsizing tend to believe that a "get it over with in one fell swoop" approach is superior (at least, for the firm) to a process that drags on. leia todo o artigo