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The Solution. The authors propose a five-step process: Begin with a profit and loss estimate, inventory your strengths and weaknesses, consider multiple options for the new organization, focus special attention on execution, and assume you'll need to make course corrections.
The seven main types of company reorganization are mergers and consolidations, acquisitions, practical mergers, transfer spinoffs and split-offs, recapitalization, identity changes and transfers of assets.
Develop a reorganization proposal, including: Timeframe. Reasons for reorganization. Before and after organization charts. Job descriptions for new, changed positions. Names, titles of employees to be affected by changed or eliminated jobs, new reporting lines, physical relocation, or reduction in time.
7 templates for restructuring your team For your business to grow, you have to be willing to make changes. ... Roles and responsibilities framework. ... Flat org chart. ... Location-based org chart. ... Org chart by growth track. ... Org chart by cross-functional teams. ... Inverted org chart.
Reorganization can include a change in the structure or ownership of a company through a merger or consolidation, spinoff acquisition, transfer, recapitalization, a change in name, or a change in management.