What is the importance of restructuring for the organization?

Its Very Important. to Devolpe the Organization to Reach Goals, Improve productivity and Reduce Over heads and Cost

Restructuring Can also describ as corporate restructuring, Debt restructuring and Financial restructuring.

 

The most important goals for achieving when restructuring is:

1. Improved productivity and morale.
2. Reduced personnel turnover.
3. Increased organizational effectiveness and efficiency.

The Importance of Restructuring for the Organization :1.Changed Nature of Business2.Downsizing3.New Work Methods4.New Management Methods5.Quality Management6.Mergers and Acquisitions7.
Technology8.Finance Related Issues9.Buy Outs10.
Statutory and Legal Compliance Bear in mind, that if such process taking place , just to raise - up profitability index only the cost will be high at median & long run strategies.

Efficiency-(Reduced cost-maximed benefit-production equilibrium)

Resolve-(overcoming surmountable odds and attaining achievable goals)

Continuity-(Mainting contacts, resource supply chains and motivating workforce)

 

All done towards the end goal of corporate, debt or financial restructuring