16 Jul, 2015
- Latvia
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Organisation size
10-49
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Establishment size
10-49
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Type of restructuring
- (Avoiding) bankruptcy
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Ownership
- Private
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Involved actors
- Private consultants
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Anticipation of change activities
- Strategic long-term monitoring of individual organisations economic and financial situation
- Strategic long-term monitoring of market and technological developments
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Management of change activities
- Wage flexibility measures
- Working time flexibility measures
- Support of networks/partnerships among organisations
- Diagnosis of the situation and designing change procedures
- Information and consultation of workers or their representatives
- Monitoring of the impact of the restructuring
- Reorientation of previous productive resources (site/equipment/etc) and diversification measures
keywords
- Recession/crisis
- Business transfer and succession