Strategic Restructuring: Critical Success Factors

Description
Restructuring becomes essential at some stage in the lifecycle of any organization. The purpose of Restructuring is to make the organization profitable, efficient, and effective. Headcount reduction should be a consequence of the Restructuring initiative and not the prime objective.

In order to emerge triumphant through this tumultuous challenge, it is necessary that the focus remains on the challenges impeding the organization, devising approaches to tackle the challenges, and prioritizing strategic initiatives to deliver radical results.

Strategic Restructuring has the capability to deliver these results. This presentation provides a detailed overview of the 5 Critical Success Factors (CSFs) necessary to implement Strategic Restructuring. The 5 CSFs include:

1. Strategic Focus
2. Continuous Communication
3. Participative Focus
4. Positions before People
5. Focus on Competency

Leadership has to ensure firm resolution in employing these 5 CSFs in order to establish its role and build a constituency among employees who believe in the need for change.

Other topics included in this deck include the 4 phases of Transformation approach, the 7 essential steps to a successful Redeployment, and a successful Strategic Restructuring Implementation case study.

The slide deck also includes some slide templates for you to use in your own business presentations.