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Responsible Restructuring: Seeing Employees as Assets, Not Costs

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Behind most downsizing announcements is a viewpoint that sees employees as costs to be cut. Another viewpoint, one that is rarely expressed, sees employees as assets to be developed. These viewpoints are important, not just because they may influence an executive's decision to downsize, but because they usually influence how employees see themselves - and perform. As this author points out, it's almost a difference between assets and liabilities.
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