Corporate Development and Change Management

Different Approaches to Corporate Restructuring

There are multiple ways to approach corporate restructuring. Ultimately, the strategy you pursue depends on the specific needs and goals of your organization.

Organizational Restructuring

Organizational restructuring involves changing a company’s internal hierarchy.1 The process may result in the elimination of certain roles and the merging of others. The company may create new jobs, departments, and teams while eliminating others, which might cause shake-ups in working relationships. Companies typically undertake all of these changes with the end goal of enhancing productivity, efficiency, and communication.

Operational Restructuring

Operational restructuring refers to the practice of streamlining routine processes.2 This may involve embracing automation technology and/or eliminating redundant procedures. The business may outsource certain tasks for cost-saving purposes or to allow the company to focus its energy more intensely on core