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Successful Downsizing Guidelines

List the six guidelines proposed for successful downsizing, and explain the importance of each one.

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The six guidelines proposed for successful downsizing
1. Eliminate unnecessary work instead of making across-the-board cuts: The significance of this guideline is that reducing unnecessary work reduces costs. An important reason for across the board job cut is cost reduction and by eliminating unnecessary work overtime cost is eliminated.
2. Contract out work that others can do cheaper: The significance of this guideline is that it gives a message that it is cheaper to ...

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The answer to this problem explains Downsizing Guidelines. The references related to the answer are also included.

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