Privatization Essay.

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Details:Scenario: Imagine you are the director of a state department
that employs 1,500 people. Because of state budget constraints, the
governor has1) proposed an early-retirement incentive package that
would affect nearly 20% of your department’s employees,  meaning
that in 6 short months, your department will likely be losing around
300 employees from all management levels from the executive office
to the front lines. The governor has instructed all department heads
to plan for this wave of early retirements, and to 2)prepare for
effective succession and knowledge transfer. 1. Describe at least four
distinct organization management challenges raised by the early
retirement proposal. 2. apply one theory of effective management to
each management challenge as you lay out your department’s plan for
preparing for effective succession and knowledge transfer 3. Imagine
the governor is contemplating privatizing your state agency. 4.
Address the issue of what kinds of management challenges might come
from the governor attempting to privatize your state department. 5.
How would this new private-sector department deal with a similar
retirement issue? 6. Compare those private sector management issues to
your above-discussed public sector management challenges 2 pages with
1 reference page, and should be in APA format.

 

 

Here’s a snippet of the essay.

 

 

Whether private or public, the capability of an association to survive is focused around the association’s ability to generate managed and astounding administration over time.  Increasingly, leadership limit building is getting reestablished consideration as legislative and other public sector organizations face mounting weights to guarantee hierarchical practicality, adaptability, and responsiveness despite expanding uncertainty and constraints (Metz, 1998).  Increasing turbulence in the public sector, described by hierarchical rebuilding, subsidizing questionable matters, and expanding project complexities, has considerable impacts on the ways public area associations react to administration swap.

 

Organization Management Challenges Raised By the Early Retirement Proposal

 

The major challenge with early retirement proposals from a strategic perspective is the difficulty in forecasting which eligible employees will go for an early retirement package. As Cameron (1994) observed, it is impossible to predict what critical skills and significant knowledge the organization will lose when employees discrete under early retirement programs. This problem comes along when early retirement incentive programs are provided to groups of employees and not specific to individuals. It is illegal to force someone to stay in an organization or manipulate the scope of the submission to exclude the needed employees. This type of management may lead to negative publicity and/or very expensive lawsuits. Therefore, in comparison to the layoffs, early retirement programs are less focused. This leads to four possible challenges as discussed below.

 

Too few people may opt for early retirement programs, bringing about low effectiveness of the programs as a downsizing initiative. If the early retirement proposal was ineffective and very few employees opted for the offering, an organization management may still be forced to recourse to layoffs.  Too many people could opt for early retirement programs causing unintended shortfalls in manpower (Walker, 1998). Thirdly, the unwanted people may opt for early retirement programs and organizations could lose their most productive and important employees, while those that the organization wanted to leave may opt to stay. Finally, there are always a percentage of employees nearing the retirement age, who may perhaps have retired soon and the organization would not have to pay them expensive incentives if the early retirement program is not implemented.

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