Restructuring

Definition: Restructuring is a process of organizational change whereby major changes are applied to the organizational structure, legal structure, capital structure, or ownership of the firm, often in the form of:
- Selling parts of the organization or its assets.
- Closure of non-profitable divisions.
- Comprehensively reorganizing the business, such as combining business units.
- Changing the top management (turnaround management).
- Rearranging the finance of a company (recapitalization).

💡

Learn more about Restructuring.

More on organizational development: 14 Principles of Management, 7S Framework, Action Learning, Action Research, Ambidextrous Organization, more on organizational development...

MBA Brief provides concise yet precise definitions of organizational concepts, management methods, and business models as taught in an MBA program.

We keep it short and provide links to high-quality websites where you can learn more about your topic.

Add MBA Brief to your desktop / iPad

© 2024 MBA Brief - Last updated: 21-12-2024 - Privacy | Terms