SURVIVOR'S GUIDE TO DOWNSIZING - PowerPoint PPT Presentation

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SURVIVOR'S GUIDE TO DOWNSIZING

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* OBJECTIVES Discuss normal reactions to downsizing in organizations. Give you some constructive ways for dealing with the current situation. – PowerPoint PPT presentation

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Title: SURVIVOR'S GUIDE TO DOWNSIZING


1
SURVIVOR'S GUIDE TO DOWNSIZING
2
OBJECTIVES
  • Discuss normal reactions to downsizing in
    organizations.
  • Give you some constructive ways for dealing with
    the current situation.

3
WHAT IS THE CURRENT REALITY?
  • Companies are under economic pressure to remain
    competitive and survive.
  • Reorganizations, takeovers, mergers, downsizing,
    joint ventures are happening everywhere.
  • The pace of change is extremely rapid - from one
    day to another, from one minute to another.

4
WHAT IMPACT DOES IT HAVE ON EMPLOYEES?
  • Do not underestimate the impact downsizing can
    have on you and your life.
  • Downsizing means loss.
  • Loss of colleagues 
  • Loss  of how things were (even if it wasn't all
    perfect!)
  • Loss of security 

5
Downsizing means 
  • Anxiety
  • Resentment
  • Anxiety about keeping your job
  • Anxiety about the future and your life
  • Anxiety about when it will be your turn
  • Resentment that "life's not fair
  • Resentment towards the company, leadership for
    taking away what you had
  • Resentment feeling that the company is
    unappreciative of everyone's efforts and

6
Psychological Impact
  • Shock - the world as you knew it is now gone 
  • Denial - "It won't happen to me.
  •   So and so will take care of me."
  • Anger and hurt - "After all I've done . . ."
  • Fear - "Oh no!  I'm going to be next!
  • Guilt I'm glad it's not me who's going.

7
Impact on the Organization
  • Low morale, negativity
  • Decrease in productivity, workplace tension 
  • Absenteeism and Illness

8
Expectations
  • All these reactions are to be expected and are
    normal under the circumstances.
  • It's natural to feel powerless and question your
    own value and abilities
  • Management expects these reactions  . . .  to a
    point.
  • All these reactions are to be expected and are
    normal under the circumstances.
  • It's natural to feel powerless and question your
    own value and abilities
  • Management expects these reactions  . . .  to a
    point.

9
A Set of ABC's for Handling Downsizing
  • What Can you do?
  • Analyze What options do you have?
  • Concretize  A plan
  • Empathize - With those leaving  
  • Exercise - Take care of your health
  • Fantasize - Try to imagine some possible positive
    scenarios for your future.
  • Finalize - The past, what's been, mourn the past
    and prepare for the future.

10
What can you do?
  • Harmonize - Your life, work is only part of it.
  • Hypothesize about what you see going on around
    you and possible implications for you.  
  • Maximize - Your work time, work hard, set
    priorities, be efficient.
  • Minimize - Addictive behaviors -they can only
    provide temporary relief.
  • Mobilize - Move into action.
  • Get involved.  

11
What can you do?
  • Prioritize - Do the most important work first.
  • Realize - Face the reality.  
  • Socialize - At work, get up and walk around.
  • Strategize - Do your best work.
  • Verbalize - Express sadness, loss, anxiety about
    the future, anger (not necessarily at work). 

12
Donts
  • Don't bastardize your work record
  • Don't  chastise yourself.  
  • Don't  demonize your company and boss.
  • Don't paralyze yourself.
  • Don't scandalize the company and its practices.  
  • Don't tantalize yourself by living on the edge.

13
More Positive Actions
  • Aggregate -  Collect information for your future.
  •  
  • Articulate - If your workload becomes totally
    unmanageable
  • Appreciate - For the time being, you still have a
    job!
  • Accelerate - Become much more efficient.
  •  
  • Ameliorate the situation.  Reach out to others.  
  • Advocate for yourself.  

14
More ABCs
  • Calculate your financial situation.
  • Celebrate - your accomplishments.
  • Concentrate on doing the best job possible.
  • Educate - Learn about your options.  
  • Elevate - your endorphins with exercise.  
  • Emancipate yourself from feeling powerless

15
More ABCs
  • Evaluate - Assess your skills.
  • Eliminate - negative behavior while you are at
    work.
  • Emulate - good role models.
  • Irrigate and salivate - Drink a lot of water.
  • Motivate yourself.  
  • Navigate these tough times by doing your best.
  • Negotiate arrangements.  
  • Recreate - Have fun.  
  • Radiate - a positive attitude at work.  

16
Dos!
  • Do stay on track
  • Do keep stress under control
  • Move into action
  • Do resist the urge to be a victim . . . 
  • Do hang in there! 

17
Wrap Up
  • What resonated with you about today's session?
  • What might you do differently as a result?
  • What is one thing you will move into action on
    right away?
  • Thank you for your participation.
  • Remember, you needn't feel alone through this
    process.  
  • Call us.  Were here to help.
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