An organizational restructure is the process by which a company undergoes a process of transformation and experiences changes in the way its internal structure is formed. The modifications expected during a company restructuring can involve anything having to do with the way individual departments are formed, but not limited to just that. One can also witness changes in areas like operations, management and also processes having to do with ownership, command structure, legal and logistics.
The reasons by restructuring become necessary or even recommended, are many but in most cases, they have to do with profitability and with the integration of new processes after a merger or acquisition. In the event of an M&A, restructuring almost goes without saying since it is very common for positions and responsibilities to overlap when similar companies join, and that is an issue that must be taken care of in order for things to run smoothly.
When a restructuring takes place, companies normally hire firms or consultants that are specialized in handling these types of operations so they can help members of the organization to ease into the transition. It is important to consider the fact that these changes are often disruptive and people may be unyielding towards change; however, the purpose of a restructure has to be aligned with the goals of the company and finding better ways to fulfill those projections. That is why valuable employees always find ways to adjust best and understand the important role they have towards the evolution of their company.
Today in Suzzanne Uhland’s Blog, we want to talk about how to best adapt to the process of restructuring and how you as an individual can make the best of it and ensure you remain a valuable asset to your organization.
Understand the chaos that change entails
The transformation will always be met with resistance, but one must understand how necessary it is when it comes to evolving. The confusion and seeming complexity of changes may make you feel disoriented and even out of place at some point. Do not be discouraged by this, as it is normal and part of the process and take your time to adjust to it. In some cases, some of your colleagues may be let go of the company, so you have to deal with that feeling of “survivor’s guilt” that sometimes comes along with being included in the new direction the company is going to. Understand that change requires these adjustments and accept the fact that you are well suited for it; otherwise, you wouldn’t be a part of the transition. A great starting point for dealing with a restructuring process is to understand and accept the turmoil that comes along with it.
Find your place in the new environment
As we talked about earlier, the purpose of a restructuring is to find better ways to achieve goals and always with the benefit of the organization in mind. This is the reason why you must make an effort to find where exactly you fit in the new paradigm.
Understand the goals and the direction the company is moving towards is key in order to process the information better, once you are clear about this, then you can go ahead and re-examine yourself by outweighing your skills and abilities to help the company reach those goals, and also evaluate how high the new priority of processes, your skills lie exactly.
Be an agent of change
What else can you do for your team? You are not the only one going through this process, so help out your team members whenever possible. Your support, just like the support of everyone else who makes part of the organization is absolutely necessary for a restructuring to work and to be successful. People often forget how important they are and how a company is truly made out of its people. Think about new positions you may come to fill and how your role of the team member can help the company grow in this time of transition.
Take care of yourself
Changes often bring about a new amount of stress that you were not used to before and that may be accepted as part of the transition. It is normal for things to be a little bit out of control at first, but eventually, you must fall back into a level of comfort somewhat familiar with how things used to be before. Make sure you watch for those changes, and you do not ignore the way you are feeling and how you are being affected by the new pressures and responsibilities that come along with the job. Make sure you communicate leadership about these changes and your status because sometimes they are unaware of how individuals are being affected and thus, cannot do anything about it. Remember you are part of a team and informing others about how you are feeling is part of your job as a member of the organization.
* Featured Image courtesy of Pixabay at Pexels.com