In 200 words or more, Recommend the best way to implement a restructuring plan that will downsize a sales team?
Best way to implement a restructuring plan that will downsize a sales team:
1. A restructuring plan can be defined as changing the current structure by moving employees to different departments or downsizing which means exiting the employees. This is done in order to reduce cost when the company faces downturns in their revenue.
2. This restructuring or downsizing can be effectively done by following the below steps.
- to list out the poor performers for the continuous period of time.
- communicating the same to them and giving them some time to decide to look into different role which would suit them.
- in case of termination, to plan a good severance package for the employees to be sent out. A good package would not leave any heartburns of the employees about the organisation they have worked for.
Get Answers For Free
Most questions answered within 1 hours.