Turnaround strategies for companies in crisiswatch out the causes of decline before firing people

  1. Monica Santana 2
  2. Ramon Valle 2
  3. Jose-Luis Galan 1
  1. 1 Universidad de Sevilla
    info

    Universidad de Sevilla

    Sevilla, España

    ROR https://ror.org/03yxnpp24

  2. 2 Universidad Pablo de Olavide
    info

    Universidad Pablo de Olavide

    Sevilla, España

    ROR https://ror.org/02z749649

Revista:
Business Research Quarterly

ISSN: 2340-9444,  2340-9436

Año de publicación: 2017

Volumen: 20

Número: 3

Páginas: 206-211

Tipo: Artículo

DOI: 10.1016/J.BRQ.2017.01.003 DIALNET GOOGLE SCHOLAR lock_openAcceso abierto editor

Otras publicaciones en: Business Research Quarterly

Objetivos de desarrollo sostenible

Resumen

When a company goes into crisis,the first and mosttypical response is the dismissal of people, even before considering the sources of the decline. Although the reduction of costs may seem a quick and reasonable measure in this context, downsizing is not the only possibility, nor the most advisable response when facing decline. In turn, by identifying and understanding the sources of decline in time, a company may want to decide on human resource (HR) alternatives to layoffs. This research shows how the HR responses of declining companies should be in line with the sources of the decline. Adopting a configurational perspective, we propose a model of analysis that links sources of decline, turnaround strategy, and HR strategy (HRS) and practices. This model identifies four basic HRS for organizations in decline, according to its sources: flexibility-oriented, efficiency-oriented, niche-oriented, and maintenance-oriented HRS.

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Fuente de los datos: Dialnet