Successful Downsizing

Abstract

American big business has turned the tables on itself and is unravelling the management structure which it has built over the past two decades. During the mid‐1960s through the mid‐1970s, corporations having large cash reserves began investing in diversified acquisitions. Many of these purchases were in industries of which the corporation had no experience or knowledge. The purchase was assumed to hedge the company against any downturns in the economy and provide economies of scale. As a result, the companies continued to grow in size of assets.

Citation

Didonato, S. and Kleiner, B.H. (1994), "Successful Downsizing", Work Study, Vol. 43 No. 1, pp. 14-17. https://doi.org/10.1108/EUM0000000003991