BNET Business Dictionary
Business Definition for: Dumbsizing
- the process of reducing the size of a company to such an extent that it is no longer profitable or efficient
Additional Resources
- Reengineering and Dumbsizing: Mismanagement of the Knowledge Resource
- This article mainly emphasis upon the Mismanagement of the Knowledge Resource. Reengineering is the radical redesign of a company's processes, organization, and culture to achieve breakthrough increased performance Although "reengineering" is not the same semantically as "downsizing," in practice, the two terms have become relatively synonymous.To understand the reasons for...
- White papers 1997-01-01
- Wise Managers Treat Layoffs as Last Resort
- Despite all the trendy rhetoric about the importance of people, leadership, and values, far too many managers treat people in their organizations with about as much care and concern as so many numbers on a financial statement. They are just one more set of assets to be managed. These just...
- White papers 2003-01-01
- Downsizing or dumbsizing? (statistics demonstrating the adverse effects of layoffs on employee morale, productivity, and corporate profits)
- Cutting staff doesn't always work; in fact, it frequently has the opposite effect. The American Management Association surveyed 700 companies that had downsized between 1989 and 1994. In 34% of the cases productivity rose, but it fell in 30%. In 51% of cases profits went up, ...
- Research articles 1996-10-01
