The Transition 'from Big to Smaller'
A Deloitte Consulting LLP series on change of ownership
Many companies divest to rethink, refocus, and restructure their core business capabilities with the ultimate goal of gaining competitive advantages by running leaner. When going through this transition from “big to smaller”, the change of ownership can present a variety of issues and challenges as well as unique set of benefits. The transition leadership must set business goals to align with each step of the transaction, and directly address any existing Human Resources and people management challenges.
The whitepaper discusses specific approaches that a company should consider in its efforts to minimize disruption of operations and employees during divestment process. Tailoring HR strategies can help improve customer service, redefine the organizational structure and increase the likelihood that employees stay happy during and after the transition.