Subject category:
Strategy and General Management
Published by:
International Institute for Management Development (IMD)
Version: 29.03.2006
Length: 6 pages
Data source: Field research
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Abstract
This is the second of a two-case series (IMD-3-1589 and IMD-3-1590). The follow up case of the Dexia BIL People Challenge presents the solution to the task faced by Christian Scharff - 8% reduction in the overall headcount. It discusses the specific nine measures that were selected and the impact of each. The case illustrates how innovative human resources solutions to strategic challenges such as workforce reduction can strengthen employee morale and enhance a company''s reputation - thus building a foundation for competitive advantage.
Location:
Industry:
Size:
2001 revenues of EUR1.4 billion, >2,600 employees
Other setting(s):
2004
Subject category:
Strategy and General Management
Published by:
International Institute for Management Development (IMD)
Version: 29.03.2006
Length: 12 pages
Data source: Field research
About
Abstract
This is the second of a two-case series (IMD-3-1589 and IMD-3-1590). The follow up case of the Dexia BIL People Challenge presents the solution to the task faced by Christian Scharff - 8% reduction in the overall headcount. It discusses the specific nine measures that were selected and the impact of each. The case illustrates how innovative human resources solutions to strategic challenges such as workforce reduction can strengthen employee morale and enhance a company''s reputation - thus building a foundation for competitive advantage.
Settings
Location:
Industry:
Size:
2001 revenues of EUR1.4 billion, >2,600 employees
Other setting(s):
2004
Related
Subject category:
Strategy and General Management
Published by:
International Institute for Management Development (IMD)
Version: 29.03.2006
Length: 12 pages
Data source: Field research