Posted to The Age (19/2/2012) on 19/2/2012 at 10:26 AM
Commenting on “ANZ recruiting in Philippines as local jobs axed”
http://www.theage.com.au/national/anz-recruiting-in-philippines-as-local-jobs-axed-20120218-1tg3l.html
Whose jobs will be axed next?
For any major restructuring of a large organisation, the axe always starts from the lower rung of the leader. As the number of workhorses diminishes, supervision and management roles of the middle management are reduced, and so will the positions.
Well, you guess it right; once the middle managers are gone, the senior managers will be the next in line. I have come across a very senior manager from an Asian country who strategized the restructuring of the Australian operation received the same treatment after he had executed professionally many of his fellow colleagues.
The saddest thing is the senior managers are too naïve to think that they have done a good job and will be rewarded accordingly. The only ones that reap the benefit will be the CEO and Directorates, who claim the credit of turning the bottom line to show healthy profit.
End 1 of 2 Parts
Commenting on “ANZ recruiting in Philippines as local jobs axed”
http://www.theage.com.au/national/anz-recruiting-in-philippines-as-local-jobs-axed-20120218-1tg3l.html
Whose jobs will be axed next?
For any major restructuring of a large organisation, the axe always starts from the lower rung of the leader. As the number of workhorses diminishes, supervision and management roles of the middle management are reduced, and so will the positions.
Well, you guess it right; once the middle managers are gone, the senior managers will be the next in line. I have come across a very senior manager from an Asian country who strategized the restructuring of the Australian operation received the same treatment after he had executed professionally many of his fellow colleagues.
The saddest thing is the senior managers are too naïve to think that they have done a good job and will be rewarded accordingly. The only ones that reap the benefit will be the CEO and Directorates, who claim the credit of turning the bottom line to show healthy profit.
End 1 of 2 Parts
