This PPT slide, part of the 24-slide Strategic Restructuring: Critical Success Factors PowerPoint presentation, emphasizes the critical nature of the Redeployment phase in strategic restructuring. It outlines 7 essential steps that leaders must implement to ensure effective redeployment. The first step stresses the importance of maintaining a robust communications plan. This is vital for keeping all stakeholders informed and engaged throughout the process.
Next, developing an employee assessment system is highlighted. This system should align with the newly defined business needs and goals, ensuring that the right talent is identified for the right roles. The third step involves creating a system of reviews and appeals, which adds a layer of fairness and transparency to the process.
The fourth step suggests deploying an internal placement group. This group can facilitate the movement of employees into new roles, which is crucial during times of change. The fifth step introduces the need for a severance plan for those who opt to leave the organization. This shows a commitment to employee welfare, even in difficult transitions.
Training is the sixth step, emphasizing the need for employees at all levels to develop the competencies required for their new responsibilities. This is essential for a smooth transition and to ensure that the workforce is equipped to meet the transformed organization's needs.
Finally, planning for the renewal phase following redeployment is crucial. This step ensures that the organization can move forward effectively after the initial changes. The slide concludes with a warning against conducting these steps in a piecemeal fashion, underscoring the necessity of a coordinated approach for success.
This slide is part of the Strategic Restructuring: Critical Success Factors PowerPoint presentation.
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