This is the process of fundamental changes with a company, reorganising the structure to gain profits or to improve a situation within.
Organisational restructuring is the change of a structure, usually by cost cutting to reduce or pay off a debt.
This is achieved by altering hierarchy and reducing employees by updating job descriptions or those that they report to.
Most company restructuring takes place after a merge or acquisition.
Park City can provide services in the following areas:
This is the process of helping individuals cope with an organisational change.
Changes to a company’s organisational structure can cause employee’s to respond negatively and resist.
Park City can work with your company to help manage change by giving guidance on how to communicate with staff, plan and analyse these changes.
A merge or acquisition is the transferal or combination of companies.
A merger is when two companies become one new company, and usually take on a new name.
An acquisition is the process of one company purchasing another and do not change the company name.
In some cases, the companies can stay independent of each other and keep their staff structures. Some others will consider restructuring their organisation.
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