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Article
Publication date: 1 April 1999

Raman Muralidharan and Robert D. Hamilton

We present a model of the international joint venture (IJV) restructuring process and discuss, from a single partner firm's perspective, the steps involved in recognizing a need…

1235

Abstract

We present a model of the international joint venture (IJV) restructuring process and discuss, from a single partner firm's perspective, the steps involved in recognizing a need for restructuring and deciding to restructure. In addition, we examine the organizational processes involved in recognizing a need for restructuring and deciding to restructure, and develop propositions about factors that increase the likelihood that a partner firm will decide to restructure its IJV in response to a genuine need for restructuring. We also note the research implications of our work and its contributions to management practice.

Details

The International Journal of Organizational Analysis, vol. 7 no. 4
Type: Research Article
ISSN: 1055-3185

Article
Publication date: 24 May 2011

Stephen Walston and Ann F. Chou

Increased competition and resource scarcity have caused hospitals to seek internal efficiencies by restructuring their structures and processes. The purpose of this paper is to…

1510

Abstract

Purpose

Increased competition and resource scarcity have caused hospitals to seek internal efficiencies by restructuring their structures and processes. The purpose of this paper is to examine the effects of an organization's orientation toward control and learning and the use of process facilitators on perceived organizational consensus on outcomes related to cost, quality, and the ability to sustain implemented changes following a major hospital restructuring.

Design/methodology/approach

Data from 263 hospitals from across the USA were collected. Factor analysis was employed to develop scales measuring the organization's emphasis on learning, controls, and processes. Regression analysis then examined their relationship to the consensus on restructured outcomes.

Findings

The findings suggest a positive relationship between a learning orientation and processes with improved perceived agreement on restructuring outcomes. Hospitals with control orientations have a negative relationship with perceived organizational consensus.

Research limitations/implications

The research has some limitations. The primary data for both the CEOs' and employees' perspectives comes from hospital CEOs. Also, the study is a cross‐sectional study and lacks longitudinal information. It also includes mostly not‐for‐profit hospitals, with 100 or more beds, in urban areas.

Practical implications

Hospitals will continue to feel pressures for the need to restructure and change. The findings suggest that hospitals achieve better results if they foster a learning orientation and put in place processes to facilitate the challenges of change. Although control systems are important, executives should realize that they might impede organizational efforts during organizational change. Hospitals may succeed in their change efforts by balancing adequate control and learning that are supported by processes to facilitate restructuring efforts.

Originality/value

The work provides an original study on the effects of an organization's orientation of learning and controls and change processes on the perceived consensus of restructuring outcomes. The dichotomy of learning and controls has not been applied to hospital consensus on outcomes. The research suggests that hospitals can improve their change efforts by implementing appropriate processes and greater learning mechanisms. During times of stress and change hospitals often become more control oriented, which may create greater misalignments and ineffective change. Managers should learn from the research that appropriate processes and learning will provide better consensus and more effective change.

Details

Journal of Health Organization and Management, vol. 25 no. 2
Type: Research Article
ISSN: 1477-7266

Keywords

Article
Publication date: 1 June 2006

M. Sadiq Sohail, Salina Daud and Jegatheesan Rajadurai

The competitive environment facing all organizations has forced many of them to choose strategies that enhance organizational effectiveness and efficiency. Re‐engineering is one…

3922

Abstract

Purpose

The competitive environment facing all organizations has forced many of them to choose strategies that enhance organizational effectiveness and efficiency. Re‐engineering is one of the tools used in administering productivity improvements, cost control and asset management.

Design/methodology/approach

This paper examines the re‐engineering process of a higher education institution (HEI) in Malaysia. The impact of cost reduction strategies linked to the overall performance of the organization is discussed in comparison to management system prior to restructuring; vision, mission and strategic direction; core business processes; financial performance analysis; corporate and organizational structure; reorganization of learning centers; courses offered; human resource policies and customers feedback.

Findings

The study found that generally the HEI focused on the cost‐cutting strategy especially on cost of sales and operational expenses. Consequently, there were increases in the utilization of the learning; occupancy of the learning centers; number of home courses offered increased and a decrease in employment of part‐time teaching staff. There were also marked improvements in academic networks and partnerships that provide for knowledge exchange and transfer.

Originality/value

Although a number of studies have been carried out in Malaysia, very few have concentrated on restructuring process of higher educational institutions. This study critically examines the restructuring process and the major gains of a higher educational institution that embarked on a restructuring program to fully meet its objectives of high quality education and training.

Details

International Journal of Educational Management, vol. 20 no. 4
Type: Research Article
ISSN: 0951-354X

Keywords

Article
Publication date: 1 August 2003

Ronald J. Burke

This study, using a longitudinal design, examined the relationship of perceived organizational support (POS) and job satisfaction among hospital‐based nursing staff survivors of…

1542

Abstract

This study, using a longitudinal design, examined the relationship of perceived organizational support (POS) and job satisfaction among hospital‐based nursing staff survivors of significant healthcare restructuring. In addition, the role of both restructuring processes and restructuring stressors in affecting POS, and the potential mediating role of POS in the relationship between both restructuring processes and stressors and job satisfaction, was considered. Data were collected from 393 respondents at two points separated by three years. Levels of POS were relatively low on both occasions and declined slightly over the three year period. POS and job satisfaction were found to have a bi‐directional relationship over time. Both restructuring processes and stressors had significant relationships with POS, positive and negative respectively. POS fully mediated the relationship between restructuring processes and job satisfaction and partially mediated the relationship between restructuring stressors and job satisfaction.

Details

International Journal of Sociology and Social Policy, vol. 23 no. 8/9
Type: Research Article
ISSN: 0144-333X

Keywords

Article
Publication date: 8 February 2011

Helen Sitlington and Verena Marshall

This study seeks to examine the impact of downsizing and restructuring decisions and processes on perceptions of organisational knowledge and effectiveness after downsizing and…

9438

Abstract

Purpose

This study seeks to examine the impact of downsizing and restructuring decisions and processes on perceptions of organisational knowledge and effectiveness after downsizing and restructuring events in “successful” and “unsuccessful” organisations.

Design/methodology/approach

The study proposes a conceptual framework hypothesising that the impact of decisions and processes on levels of organisational knowledge are key determinants of effectiveness in post‐downsizing and restructuring organisations. Data were collected using a survey instrument developed through review of literature along with focus group findings. Survey data are factor‐analysed to identify stable constructs for testing hypotheses using regression analysis.

Findings

The findings indicate that the significance of the variables tested is found in those organisations considered by employees to be unsuccessful after downsizing and restructuring, rather than in their successful counterparts

Practical implications

The findings indicate that organisations undertaking downsizing or restructuring need to consider the organisational culture and climate with regard to knowledge retention and the potential impact of these initiatives to ensure that employee experiences are constructive. Support strategies such as counselling and training are important, as are job redesign, time for employee handover and documentation of procedures, if knowledge retention is to be maximised.

Originality/value

Although knowledge retention within organisations is generally accepted as desirable, little previous research has considered the impact of downsizing decisions or processes on knowledge retention. Additionally, data collected for this research were drawn from multiple respondents within a large number of organisations, providing breadth and depth of data for analysis.

Details

Management Decision, vol. 49 no. 1
Type: Research Article
ISSN: 0025-1747

Keywords

Article
Publication date: 5 July 2013

Jean‐Michel Bonvin, Maël Dif‐Pradalier and Eric Moachon

The purpose of this paper is to examine to what extent and under which conditions restructuring processes allow workers to effectively voice their concerns, with a view to…

1185

Abstract

Purpose

The purpose of this paper is to examine to what extent and under which conditions restructuring processes allow workers to effectively voice their concerns, with a view to influencing the restructuring logic and transforming its outcomes.

Design/methodology/approach

In‐depth case studies with semi‐structured interviews, documentary analysis and a survey, all conducted at firm‐level (taking also into account the impact of the European Workers’ Council when relevant).

Findings

Both settings (be it the Swiss flexible labour law and collective labour agreements or the protective professional status enjoyed by the French workers) do not guarantee the enhancement of workers’ capability set in restructuring processes. Whatever the entitlements and the cognitive and political resources available to the workers, two conditions are crucial to enhancing their capability for work and for voice: workers’ ability to re‐build collectives; and an adequate regulatory framework imposing on employers and shareholders the duty to negotiate.

Originality/value

The paper suggests another way of assessing restructuring processes and outcomes based on the capability approach, and demonstrates its greater relevance compared to economic or managerialist views of restructuring, based on efficiency and profitability.

Details

International Journal of Manpower, vol. 34 no. 4
Type: Research Article
ISSN: 0143-7720

Keywords

Book part
Publication date: 11 December 2007

Mirko Cvetkovic, Alexander Pankov and Andrej Popovic

Two factors explain why the Serbian privatization experience deserves close attention from outside world. First, Serbia's starting conditions for privatization, with a historical…

Abstract

Two factors explain why the Serbian privatization experience deserves close attention from outside world. First, Serbia's starting conditions for privatization, with a historical tradition of workers’ management, strong trade unions, and an ambivalent initial attitude toward privatization, have as much in common with circumstances surrounding privatization in the developing countries as with those in the so-called economies in transition. Second, Serbia embarked on a resolute privatization path only in 2001, following more than 10 years of diverse privatization efforts in other post-socialist economies of the region. This makes Serbia a perfect case study of how a country can learn from the experience (both positive and negative) of other reformers.

Details

Privatization in Transition Economies: The Ongoing Story
Type: Book
ISBN: 978-1-84950-513-0

Book part
Publication date: 30 December 2004

Leni Beukema and Jorge Carrillo

In this introduction restructuring of work is presented as an ongoing, locally situated process in which actors within work organizations play an important role. Central themes of…

Abstract

In this introduction restructuring of work is presented as an ongoing, locally situated process in which actors within work organizations play an important role. Central themes of this process are the increasing importance of the cultural within the economical sphere, the different organizational options of organizations, new tensions in labor relations and the local consequences of continuous spatial relocation of labor. Before introducing the different contributions to the volume, attention is paid to methodological implications for research on the increasing interrelations of the global and local within processes of work restructuring.

Details

Globalism/Localism at Work
Type: Book
ISBN: 978-1-84950-229-0

Article
Publication date: 9 November 2018

Saibal Ghosh

The focus on excessive corporate leverage as a key factor influencing bank loan delinquency has come into sharp focus in recent times. However, not much analysis has been…

Abstract

Purpose

The focus on excessive corporate leverage as a key factor influencing bank loan delinquency has come into sharp focus in recent times. However, not much analysis has been undertaken on the factors driving corporate distress in emerging economies. Focusing on India as a case study, the purpose of this paper is to investigate the impact of a particular category of corporate debt restructuring (CDR) proposed by the Indian central bank over the last decade in leading an attempt to address bank loan delinquencies, the authors assess the factors influencing the quantum of restructured debt at the corporate level over the time period 2003–2012.

Design/methodology/approach

Besides univariate analysis, the authors use logit regression techniques to analyze the factors driving CDR outcomes in India.

Findings

The results suggest that firms that successfully exit the debt restructuring process are more profitable and less levered and spend a longer time in such restructuring. Little net equity enters these restructured firms, while there is some evidence of equity stripping, particularly in firms with greater promoter control.

Originality/value

To the best of our knowledge, this is one of the early studies that employ micro-level data to make a comprehensive assessment of the factors driving CDR for a leading emerging economy.

Details

South Asian Journal of Business Studies, vol. 8 no. 1
Type: Research Article
ISSN: 2398-628X

Keywords

Article
Publication date: 1 January 1990

Chet Borucki and John Sollazzo

Exonomic and competitive pressureshave largely caused leaner and moreresponsive organisations to becomethe primary objectives of organisationaldesigners over the past decade…

Abstract

Exonomic and competitive pressures have largely caused leaner and more responsive organisations to become the primary objectives of organisational designers over the past decade. Most of these initiatives, though, have been aimed at senior management levels and have yielded mixed results. Self‐design is a strategic restructuring alternative that can potentially overcome many of the liabilities of traditional design approaches and help engender employee commitment to today′s flatter, more decentralised organisation. Though there are many prescriptions evolving from conceptualisations of the self‐designing organisation, there are very few successful examples of self‐design in practice, especially as a strategic change management tool. This case study is intended to help fill this void and intertwine theory with the practice of self‐design.

Details

Journal of Organizational Change Management, vol. 3 no. 1
Type: Research Article
ISSN: 0953-4814

Keywords

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