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What is Restructuring

Handbook of Research on Corporate Restructuring and Globalization
Restructuring is the process or combination of processes to remain effective and competitive in the market.
Published in Chapter:
Restructuring and Globalization of Telecommunications Industry
Sasmita Mohanty (University of Aveiro, Portugal)
Copyright: © 2019 |Pages: 21
DOI: 10.4018/978-1-5225-8906-8.ch003
Abstract
Restructuring and globalization are very important for every technology sector. It provides key competitive advantages to the companies over their rivals. Telecommunications sector is an important strategic segment of the modern economy. Telecommunications is also an advanced technology sector and its restructuring is essential to optimize its revenues. Now it has been evolved to information and communication technologies (ICT), which is the main driving force of growth worldwide. In fact, ICT has paved the way for modern globalization. Overall, ICT and ICT-enabled sectors are among the main contributors of global economy. This sector has passed through several restructuring and evolves continuously. Its globalization is obvious as it is the main technology which promotes globalization. In this chapter, the authors provide the restructuring of telecommunications sectors since the time of its inception in the early 19th century. They also analyzed the strategic changes that promote the restructuring and globalization of this sector.
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Modern Downsizing
Introduction of significant and comprehensive changes in many areas of activity as a reaction to the existing or expected significant changes in the internal situation of an organization or the conditions in which it operates.
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A Critical Review of Learning Organizations in the 21st Century
It refers to the process of reorganizing an organization, often to make a work force smaller in order to be profitable in a global economy. Restructuring often occurs as a result of organizational leaders’ changing their management philosophies. Sometimes, organizations have to shut down in order to do restructuring. Leaders and employees in these organizations need to reflect upon their practices to find out where things have gone wrong. Often times, they find conflict between leadership and management. Leadership and management are two distinctive and complementary systems of action. Management is about coping with complexity whereas leadership is about coping with change.
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Transformation and Social Justice in South African Higher Education: An Unequal Turf
Process of changing institutional structures and procedures with the aim to improve access and increase participation of those previously marginalized.
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Learning Organizations vs. Static Organizations in the Context of E-HRM
Restructuring refers to the process of reorganizing an organization, often to make a work force smaller in order to be profitable in a global economy. Restructuring often occurs as a result of organizational leaders changing their management philosophies. Sometimes, organizations have to shut down in order to do restructuring. Leaders and employees in these organizations need to reflect upon their practices to find out where things have gone wrong. Often times, they find conflict between leadership and management. Leadership and management are two distinctive and complementary systems of action. Management is about coping with complexity whereas leadership is about coping with change
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The Reasons for Financial Failure and Bankruptcy
Reorganizing financial claims on a failing company to enable it to continue running.
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Comparing Learning Organizations with Static Organizations
It refers to the process of reorganizing an organization, often to make a work force smaller in order to be profitable in a global economy. Restructuring often occurs as a result of organizational leaders’ changing their management philosophies. Sometimes, organizations have to shut down in order to do restructuring. Leaders and employees in these organizations need to reflect upon their practices to find out where things have gone wrong. Often times, they find conflict between leadership and management. Leadership and management are two distinctive and complementary systems of action. Management is about coping with complexity whereas leadership is about coping with change.
Full Text Chapter Download: US $37.50 Add to Cart
A Critical Review of Learning Organizations in the 21st Century
It refers to the process of reorganizing an organization, often to make a work force smaller in order to be profitable in a global economy. Restructuring often occurs as a result of organizational leaders’ changing their management philosophies. Sometimes, organizations have to shut down in order to do restructuring. Leaders and employees in these organizations need to reflect upon their practices to find out where things have gone wrong. Often times, they find conflict between leadership and management. Leadership and management are two distinctive and complementary systems of action. Management is about coping with complexity whereas leadership is about coping with change.
Full Text Chapter Download: US $37.50 Add to Cart
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