All organizations will go through change at some point. Change is often required as a company grows, and sometimes the state of the world pushes organizations to adjust to a new way of working. That change can become complicated when you’re faced with a need to restructure your operations in order to be more efficient or leaner.
Increasing efficiency may require a reduction in overhead costs, the majority of which is often employee salaries. This means you need to identify who among your current employees has what it takes to fit into your organization going forward. But how do you decide which of your talent to keep? Making certain positions or people redundant is an important decision — one that should be made thoughtfully and objectively.