A Case Study on: Hi-Fashion International

Group-10

Swagat-U211076 Roselin-U211054 A.K Naik-U211013 Piyush-U211042 Bijaya-U208014 Indrajeet-U211030

Agenda:
Scenario of this Case Study
Facts derived Assumptions

Strategies adopted for downsizing Effect of downsizing process Major Challenges for HR Suggestions

Scenario:
Hi-Fashion International which had experienced

tremendous growth in past; at this outset is worried about disappointing profits. A couple of downsizing process restructuring were the major clutches which makes this case study debatable.

Facts:
Disappointing profits is major concern for Hi-Fashion. Being a young fastest growth company it had not made

organization profitable. Strategic plan for reducing 13 division to 6 division. Least utilization of profits. Licensing of the companys beauty business to a no. of designer label. Strategic alliance with other companies. Challenges after restructuring. Involvement of HR as a Strategic business partner.

Strategies for downsizing process and restructuring:

Reduction of 13 division to 6 division. Strategic alliance with other companies. Analyzed the key issues & planned accordingly. Effort to enhance the efficiency and cost saving.

Effect of downsizing process:

Fear of losing job.

Concerns about additional job responsibility.

Elimination of job Transfer of employee from existing to new.

Transition into new work culture.

Shock of losing coworkers

Major Challenges for HR:

Motivate to employee for adopting new work culture. To analyze and calculate the appropriate

compensation and benefits schemes.

Job Redesign for Streamlining responsibility.

Setting up right person for right job at right place.

Suggestions
Focus On Mission & Vision Of The Company
Motivation to Employees Creating Healthy Work Culture Convey Latest Updates to the Employees

Thanks