There can be many different reasons why a business needs to make a restructure. This could be due to political, environmental, social, technological, legal or economic reasons (PESTLE). Restructuring is where a business makes a significant change to either its financial or operational structure. It can also occur after a business buyout, sale or merger.
For restructuring to be effective and to maintain stability, the business needs to understand their overall strategies and goals in order to align its workforce efficiently.
Restructuring can often lead to redundancies and it is important to ensure the process is carried out correctly to avoid any costly unfair or constructive dismissal claims. A change in the organisational structure can also lead to disruption amongst employees and affect their productivity, this can sometimes be referred to as survivor syndrome.
Whatever the reason for your restructure and no matter how big or small, we are here to help you.
Agility Risk & Compliance Ltd provide tailored solutions to mitigate risk and improve compliance in Health and Safety, HR, Training, and Occupational Health.
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