Thousands of established businesses fail every year because of the way they are organised, or re-organised. Business survival can depend not only on whether its structures and reporting lines meet the needs of the market, but also whether they can adapt in the face of a rapidly changing business environment.

Yet managers seldom talk coherently about structuring or restructuring their operations, let alone take a systematic approach to this vital issue. Too often, companies are restructured for the wrong reasons - for example, because a new CEO wants to make an impact, or to work around a new IT system.

This revised and updated Economist Guide shows how leaders should think about and implement the design of a company, using five easy-to-use guiding principles:

- Design a company around its strategy and the operating context, not for ulterior or non-business reasons;
- Think holistically - don't restructure just one division without taking into account other operations;
- Consider future markets, customers and trends, not just what works best now;
- Invest time and resources: - a redesign can be complicated to implement and must be done without disrupting daily activities; and
- Go back to the basics of how the company operates and its market position; this is not a repair job to fix a short-term problem.

Review:

Praise for the first edition:

'Risk of failure can be greatly reduced through effective organisational design that encourages high performance and adaptability to changing circumstances

(Personnel Today)

...provides insights and practical help on how to avoid the common mistakes made in restructuring...well worth the price (Business Executive Magazine)

...contains a whole range of simple and effective tools and models (Professional Manager)

"About this title" may belong to another edition of this title.

Store Description

Visit Seller's Storefront