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Corporate Downsizing for DOD Report FY11-08 : Defense Business Board , April 27, , 2011

April 27, 2011

Defense Business Board

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From the document findings: “Regardless of the size of the company or the industry, best business practices for downsizing were similar. In every case, senior leadership was critical to provide downsizing direction and a sense of urgency. The CEO/senior leadership provided a clear vision for the future, a well defined strategy to get there, and a desired end-state. Reductions started at the top of the organization where the CEO and senior executives all led by example. Communication from the top leadership was critical and ongoing through the entire downsizing effort.”


Defense Business Board


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