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Downsizing with Less Pain
February 21 @ 9:00 am - 5:00 pm₱6000 – ₱8000
Retrenching people is the most challenging job of any manager. Deciding who will go and breaking the sad news is not easy. No manager loves to do it, and no company goes unscathed in the process. People who lose their jobs will be angry, bitter and feel a sense of betrayal. They and their families are faced with the loss of a job as well as severe financial and emotional pain. Survivors may also feel unhappy and uncertain about the future. Morale will be low and productivity suffers.
Downsizing may be caused by many factors such as, a bloated workforce, economic downturn, automation, mergers/consolidation, restructuring, or fierce competition. The euphemism is “reengineering,” a bloodless term for corporate bloodletting. But whatever it is called, it hits employees like a bombshell. It can be the most unsettling and disruptive event which sometimes, if not managed well, could lead to union organization, strike, or even violence.
There are ways to soften the blow in this heart-wrenching human drama and minimize, if not, avoid lawsuits. Survivors can also continue to be engaged and focused on their jobs or newly-designed or expanded jobs.
Atty. Noli Payos, a grizzled veteran on downsizing will handle this program. He will share with you his long experience in the corporate world on manpower cost-cutting with less pain. The strategies and the manner of executing the retrenchment plan can ease workplace tension, reduce the risk of lawsuits and improve job performance among surviving workers. Benefits even spill over to the customers who interact with shell-shocked employees.
The seminar-workshop will be laced with examples of viable options on retrenchment or redundancy exercise, strategies, the economics of labor reduction, a case study and a legal clinic at the end of the one-day session.
At the end of the program, participants will be able to:
- To know the strategies and tactics of downsizing within the bounds of law and best practice;
- To be aware of the different modes of workforce reduction and their advantages and disadvantages;
- To appreciate the computation of the cost-benefit ratio of corporate downsizing as basis for its top management and board approval;
- To understand the different structured approaches to staff reduction to mitigate its adverse impact to employee morale and productivity
- Legal Parameters on Termination/Downsizing
- Review of the Causes of Downsizing
- Developing a Strategy and Plan for Downsizing
- Communication Techniques
- Alternative Ways of Downsizing
- Managing Problems on Implementation
- Economics of Downsizing
- Case Study/Workshop
- Coping with Post-Separation Stresses
- Open Forum and Legal Clinic
- Role plays
- Case studies
ATTY. RANULFO (NOLI) P. PAYOS was a lecturer in the De La Salle Professional School, Inc. Graduate School of Business’ corporate governance program. He is the Chairman of a management consulting firm, Change Management International, Inc. He is the Vice President of the Employers’ Confederation of the Philippines (ECOP) and Vice President of ECOP Institute of Productivity and Competitiveness (EIPC). Likewise, he was a former member of the Board of Directors of the Technical Education and Skills Development Authority (TESDA) as a representative of the employer sector.
He is appointed by President Benigno Aquino III as Commissioner of the Tripartite Voluntary Arbitration Advisory Council (TVAAC) and is currently a member of the Tripartite Industrial Peace Council (TIPC) and Tripartite Executive Committee (TEC) An awardee of People Manager of the Year in 1987, he is a Diplomate in Personnel Management and was elected President of the People Management Association of the Philippines (PMAP) for two terms. He was a former member of the Board of Regents of Rizal Technological University. He also elected President of the Society of Fellows in Personnel Management. He was a former member of the Society of Human Resources of USA (SHRM).
Atty. Payos has had 31 years of professional experience in Human Resources Management occupying senior executive positions in several multinational companies until his retirement in 1994 as Senior Vice-President of Human Resources and Administration and Corporate Secretary of Eastern Telecommunications Philippines, Inc. He also held leadership positions in various professional and civic organizations. Moreover, he took up MBA studies and continuing management education and training programs in several reputable schools and institutions in the Philippines, U.S.A., and the United Kingdom. He has also attended international conferences on human resources management and labor relations in the U.S.A., ASEAN countries, Japan, Australia, Hongkong, Korea, Switzerland, Italy, and Ireland. He was 6 times employers’ delegate to the International Labor Organization (ILO) in Geneva, Switzerland. His areas of expertise lie in Human Resource Management, Labor Relations, Training and Development, Manpower Planning, Executive Selection and Placement, Corporate Communications, Job Evaluation, and Performance Management.
He is a co-author of the book “Personnel Management in the 21st Century” – a revision of the book originally written by PMAP founder and first President, entitled “Personnel Management.” and author of the newly-minted book, “Human Resource Management – From the Practitioner’s Point of View.”
Register today and avail our early bird discount:
A 10% discount will be given if payment is received 7 days before the course commences. Payment on-site and walk-in participants will pay the regular fee.