ORGANIZATIONAL RESTRUCTURING AND EMPLOYEES PERFORMANCE IN CONCEAICAO LIMITED AKURE, ONDO STATE
Abstract
The study researched on how organization performance is affected by Restructuring. The research focus was to analyze the restructuring process of an organization which is taken in an organization to meet the question whether restructuring process taken in an organization contributes to the performance of the organization or not, the question whether decentralization helps in effective decision making process or not and the extent to which task routine affects the productivity of the staff. Local and international journals were used as a review of the study. The conclusion made by the study was that restructuring is because of; to enhance profitability to match competition, to refocus strategically and to improve balance sheet ratios and enhancement of the growth rates. Regulators and players in an organization were advised that they should adopt the activity of organizational restructuring since not only do organizational restructuring assist a firm to achieve a better performance, but the process also positively affects the productivity and effectiveness of manpower in the organization.
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