Human Resource Management in Downsizing Essay Example | Topics and Well Written Essays - 1000 words

Human Resource Management in Downsizing - Essay suitDespite so umpteen rounds of restructuring, announcing another one has blown off the whole motivation towards live into air. Commitment to organizational objectives is crucial to maintain in such conditions. Commitment refers to attachment and loyalty. It represents the identification of an individual with and involvement in the organization. It consists of the following factorsThe behavior towards the organization also needs to be managed. The visibility of acts, the finish to which the outcomes are irrevocable and the degree to which the person undertakes the action voluntarily are important features of behavior.Organizations, such as our bank, are facing increased competition and morphologic change. They are more conscious to get people to identify themselves more closely with the company. To meet these needs, three ways of representing commitments acquit been identified that are affective, lengthiness and normative. Affec tive commitment deals with the emotional attachments. Continuance commitment is when employee(s) stays with an organization based on his/her comprehend cost of staying i.e. the cost of going in hunt club for a new job might be more. Normative commitment refers to the moral commitment of an employee to the organization. Thought all three might look similar, they have very different impacts on the manner the employee refers himself with respect to the organization.We need to inculcate the affective commitment in the employees of our bank to restore productivity and motivation to work effectively for the success of the company. If we are successful in this, we will have a better workforce with less absenteeism a workforce that is willing to go beyond what is desired out of their job. They are more eager to assist the organization to achieve its goals and objectives. These types of employees tend to show more motivation and organizational citizenship. With the transition of time, the employees have become a part of the bank. They have developed psychological contracts with the bank. This is like forming a relational link not based on the pecuniary and/or economic incentives but on their perceived loyalty and socialization within the bank that they have been continuously olfactory sensation and practicing over so many years.Whenever going for downsizing i.e. restructuring the organization, effective communication is always beneficial. Applying a vision oriented approach, while downsizing, complimented with good and effective communication will lower the feeling of being deceived by the management. The strategic management of human resource behaviors will avoid the Survivors to have a decreasing level of productivity due to their perceived gap between them and the top management group. Organizational overall future success is highly dependant on these survivors and there attitudes towards the company. These employees think that now they cannot work out on a lon ger/continuous commitment from the bank management. These remaining people are a critical