Restructuring

   

Definition: Restructuring is a process of organizational change whereby major changes are applied to the organizational structure, legal structure, capital structure, or ownership of the firm, often in the form of:
- Selling parts of the organization or its assets.
- Closure of non-profitable divisions.
- Comprehensively reorganizing the business, such as combining business units.
- Changing the top management (turnaround management).
- Rearranging the finance of a company (recapitalization).


   

   

More on restructuring.
More on organizational development: 14 Principles of Management, 7S Framework, Action Learning, Action Research, Ambidextrous Organization, more...



   

MBA Brief offers brief, yet very accurate definitions of MBA concepts, frameworks, methods and models. We keep it short and provide some links in case you'd like to learn more around a subject.




© 2020 MBA Brief - Last updated: 28-9-2020  -  Privacy   |   Terms