Management wants faster implementation of new Organizational Strategy (Part III).

Written by Mike Hayden


See full color web version at: http://www.SeniorManagementServices.com/pvt-98-faster-org-strategy.html

============================================================ Is anyone "not affected" by a reorganization? ============================================================

Inrepparttar last couple of weeks, I have discussed reorganization and how you can manage employees who are affected positively or negatively.

What about employees "not affected" by a reorganization?

Even those "not affected" on your Org Chart will be affected psychologically.

Yes, they will haverepparttar 103341 same manager andrepparttar 103342 same agreements. But, most ofrepparttar 103343 time ANY change is threatening torepparttar 103344 mind.

That's why it is so important to make your announcement(s) timely and in person to let people know what's going on.

Consider this:

Some "not affected" people might perceive that their colleagues are "gettingrepparttar 103345 shaft." This will be demotivating and cause negative attitudes, destructive gossip, and problems that can sabotage your company.

So, treat your reorganization as an emergency (root word "emerge"). What'srepparttar 103346 first step in an emergency? Anyone remember? PROMOTE!

(For more information, look for my download article, "The 5 Conditions & what to DO about them" at: http://www.SeniorManagementServices.com/ARTICLES.html )

So, get your "cards onrepparttar 103347 table" and promoterepparttar 103348 positive aspects of your reorganization ASAP!

============================================================ Does your company have these management problems? A case study. ============================================================

Following is a letter I received from a PVT reader. He^re, you will read a perfect example of how NOT to reorganize. (Reprinted with permission. Writer requested anonymity.)

~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~

Mike

Interesting PVT [97]. It reminded me of what happened to me a couple of times. Let me explain

After our typical annual reorganization, we had department meetings forrepparttar 103349 world to see. The projector screen displayedrepparttar 103350 new and improved organization.

However on inspection, I realized my department was gone, nada, zip. . .

No one had spoken a word to me. No one asked what projects were inrepparttar 103351 works or what would happen torepparttar 103352 organization ifrepparttar 103353 projects failed.

That evening when I left my office, I was steaming mad.

I had been embarrassed in front of my colleagues and direct reports. The department manager and a VP quickly grabbed me and gave me a song and dance about how X had happened andrepparttar 103354 announcement had to be moved up.

Being somewhat constrained by my "golden handcuffs," I bit my tongue, ate my pride, and went back to work.

Similarly, during a time of weekly downsizing, my boss called and told me to bring my subordinate (my best employee) to his office. Why? He was being laid off.

Again, no forewarning, no quest'ions about this man's projects, his contribution, how much he was savingrepparttar 103355 company, his level of commitment for 25 years. Nothing! He might as well have been a dirty paper towel to disposed when they were done with him.

A year later, management decided to "outsource" another department I was in charge of. Again, my only notice was a ph0ne call -- 2 minutes before their announcement.

Las Vegas Sands Corp. is IPO of the year

Written by Iulia Pascanu


Sheldon Adelson, founder and owner of Las Vegas Sands (LVS), won $690 million on December 15 2004, inrepparttar most profitable initial public offering (IPO) inrepparttar 103340 American gaming industry.

Las Vegas Sands isrepparttar 103341 company that ownsrepparttar 103342 [aid:venetianresorthotelc label:Venetian Hotel & Casino] onrepparttar 103343 Las Vegas Strip and Sands Resort in Macau, a former Portuguese colony, nowadays reinstated to China.

The company sold nearly 24 million shares, that sum as little as 6.8 percent of LVS. According to some financial analysts, being such a tiny percent, it certainly put a pressure onrepparttar 103344 price, that went up 60%. "Today's price was a matter of supply and demand," said John Futrell of Futrell Financial Management on Wednesday. "Too little supply and a lot of demand. The fact that so few shares were available influencedrepparttar 103345 price."

LVS set an opening price of $29 per share Tuesday evening; it is probably worth mentioning that bankers involved inrepparttar 103346 sale prophesied an initial price between $24 to $26, prior torepparttar 103347 IPO. However,repparttar 103348 stock priced at $36.01 whenrepparttar 103349 market opened and reached a high of $49.45 by 1 p.m. EST, when it started to scale back.

This was a record gain for American IPO's this year andrepparttar 103350 best since Jet Blue in May 2002, that surged 67%.



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