The impact of a restructuring process on employee morale at a private security company
Loading...
Files
Date
Authors
Vaughan, O.S.
Researcher ID
Supervisors
Journal Title
Journal ISSN
Volume Title
Publisher
North-West University
Record Identifier
Abstract
This study was conducted because a private security company underwent a restructuring process due to a change in Managing Director in 2016. The company represented is one of the largest private security companies in the Vanderbijlpark area and enjoys a client base of just over 3000 clients in the area. After undergoing a change in Managing Director, it changed its strategic objectives and embarked on a restructuring process in order to leverage talent as well as acquire new talent in line with the new objectives. The objective of this study was to investigate the effect of a restructuring process on the effect on the employee morale of the employees of the organisation. Upon examination, it was found that there is a strong correlation between communication from top management and maintaining positive employee morale during a restructuring process. Furthermore, it was found that employees were more likely to display positive morale during a restructuring process if they were job secure. The implications of this study for improving employee morale are investigated and discussed.
Sustainable Development Goals
Description
MBA, North-West University, Potchefstroom Campus
Keywords
Employee morale, job security, job satisfaction, restructuring, buy-in, private security industry, take-over, strategic intent, employee engagement, institutional trust, self esteem, employee turnover, organisational climate, turnover intent, work alienation, employee emotions, employee attitudes, employee perceptions, collective decision making, employee motivation
