From Publishers Weekly
Marks's litany of woes is numbing. "Fortune 500 companies employed 3.7 million fewer workers in 1991 than in 1981 . . . fully half of the 1980 Fortune 500 companies were absent from the 1990 list." The author argues that mergers, acquisitions and downsizings ("organizational MADness") plus an assortment of such managerial programs as total quality management and continuous improvement, have a profound negative impact on workers. Marks, a corporate transitions consultant, crafts an organizational recovery plan for a workforce he terms "unable or unwilling to garner the physical or psychological energy necessary to make a run at business opportunities." His ideas on restoring faith and creating hope are on target: articulate a vision and translate it into a mission; hold "venting" meetings and massage egos; supply performance incentives, etc. This is a useful manifesto for managers concerned about workplace turmoil. Illustrations.
Copyright 1994 Reed Business Information, Inc.
From Library Journal
Marks, a business consultant, examines the adverse consequences of corporate mergers, acquisitions, and downsizing. Based on his knowledge of company transitions, he reviews the negative effects of such restructurings on the labor force and on the long-term dynamism of an organization. He explains why corporate transitions create distrust, alienation, and overwork in the workplace and hence undermine the employee-management relationship. Given that the book is designed to assist both business operators managing transitions and people affected by company changes, the author does a good job of presenting useful principles and practical ways for coping with and recovering from the trauma of corporate adjustments. His work is well written and incorporates examples and graphs. Recommended for lay readers and students of organizational behavior.
Ali D. Abdulla, East Carolina Univ., Greenville, N.C.Copyright 1994 Reed Business Information, Inc.