EFFECT OF CORPORATE RESTRUCTURING ON EMPLOYEE MORALE: EVIDENCE FROM AIRTEL NIGERIA LIMITED
Corporate restructuring is the act of re-organizing the operations of a firm in order to eliminate waste, promote efficiency, increase profitability, and ensure organizational sustainability. Yet there has been a dearth of empirical studies on the effect of corporate restructuring on employee morale. The study sought to examine the extent to which work process has effect on employee punctuality, the extent to which organizational structure affects employee turnover rate and how an altered physical environment influences interpersonal relationships among employees. Data were sourced from three hundred and eighty (380) participants. The results of the regression analyses showed that change in the work process has a significant effect on employee punctuality at work, change in organizational structure has a significant effect on employee turnover rate and altered physical environment influences inter-personal relationships among workers. It was recommended that corporate organizations embarking on restructuring should take into consideration the effect of the exercise on employee morale in the interest of superior performance.
Ahmed, R. (2015). Business Process Re-engineering and its impact on Organizational Performance. Harvard Business Review, July.
Band, D. C. & Tustin, C. M. (2014). Strategic Downsizing. Management Decision. Academy of Management Executive, 7(1), 95-104.
Barney, J. B. (1991). Firms’ Resources and Sustained Competitive Advantage. Journal of Management, 7(1), 99-120.
Bartram, P. (2014). Business Restructuring. The use of Process Redesign to Transform Corporate Performance. A Publication of London Business Intelligence.
Bello, S. (2014). NEPA Review: Authoritative Quarterly Publication of the National Electric Power Authority (PHCN).
Berger, L. A. & Berger, D. I. (2016). The Talent Management Handbook: Creating a Sustainable Competitive Advantage by Selecting, Developing, and Promoting the Best People, 2nd edition. New York, NY: The McGraw-Hill Companies, Inc.
Bowman, E. H. & Singh, H. (2014). Corporate Restructuring: Re-configuring the Firm. Strategic Management Journal, 14(1), 5-14.
Cameron, K. S. (2013). Strategies for Successful Organizational Downsizing. Human Resources Management Journal, 33(2), 189-211.
Chadwick, C, Hunter, L. W. & Walston, S. L. (2014). Effects of Downsizing Practices on the Performance of an Organization. Strategic Management Journal, 25(5), 405-427.
Davenport, M. N. (2014). Business Re-Engineering. Is it Really New, or a Creative Mélange of Pre-existent Techniques and Methods?
Duncan, C. (2015). Pay and Payment Systems. In B, Towers (ed.) A Handbook of Industrial Relations Practice. London: Kogan Page.
Fawibe, O. (2013). Re-structuring: The Nigerian Energy and Mineral Industries. Retrieved from www.comstockmarketingnigeria.comstock market Nigeria.com/forums
Hammer, J. K. & Champy, Y. C. (2014). “Re-engineering work” Do Not Automate or Obliterate. Harvard Business Review.
Hayes, R. H. & Wheelwright, S. C. (1984). Restoring our Competitive Age: Competing Through Manufacturing. New York, NY: John Wiley & Sons.
Kabiru, J. R. (2012). Effect of Business Re-structuring Factors on Organizational Performance of Nigerian Banks and Information Technology Capacity as the Moderating Factor (College of Business, University of Utara, Malaysia).
Krajewski, L. J. (2013). Operations Management Strategy and Analysis (5th edition). Reading, Massachusetts: Addison-Wesley.
Mishra, K. E., Spreitzer, G. M., & Mishra, A. K. (1998). Preserving Employee Morale during Downsizing. Sloan Management Review, 39(2), 83-95.
Obi, J. N. (2015). Effective Human Resources Management Practices as the Key to Organizational Performance. International Journal of Educational Research, 3(1), 1-26.
Ogbonna, E. & Wilkinson, B. (2003). The false promise of organizational culture change. Journal of Management Studies, 40, 1151-1178.
Pardo, M. & Fuentes, C. M. (2013). Resistance to Change: A Literature Review and Empirical Study. Management Decisions, 41(2), 148-155.