There's been a lot of discussion centred on how organizations can engage a new generation of workers through developing and articulating a corporate 'Purpose'. Because of this, we thought it'd be a good idea to bring back an article Ron wrote in the People & Strategy journal which discusses how organizations can be designed to enable purpose.
2015 was a difficult year for Canadians – with the price of oil plummeting organizations were forced to significantly downsize their workforce. All told it was estimated that over 100,000 jobs were lost across the Alberta oil fields. On top of this, some of Canada’s largest companies (Bombardier, TD, Scotiabank) undertook major organizational restructuring initiatives. The terms downsizing or restructuring generally refer to organizations reducing their operating costs through … [Read more...]