HR Restructuring at Nissan

Abstract:

As part of the Nissan Way, the company provided specialized "Career Advisors," for women only for their career advancement. Nissan had put in place a talent management strategy and adopted an inclusive "whole workforce" approach. It included a series of activities which addressed Competency Management, Performance Management, Career Development and Succession Management. As a part of restructuring, Ghosn closed down few plants due to which a lot of workers lost their jobs. While some experts criticized it as a genuine misjudgment on the part of Ghosn, few others felt that it was a necessary evil for the company. While the debate on this issue raged on, experts were almost unanimous in their view that this episode would not only be remembered as a horrible example in the history of restructuring but would also serve as a valuable lesson to other organizations planning a restructuring exercise.

Issues:

» Understand various issues and concepts in change management, organizational restructuring and talent management.
» Analyze the pros and cons of changing HR practices in a different cultural setting.
» Understand why the current practices were not helping the organization.
» Discuss and debate whether Ghosn's decision was a right for the organization and ethical.
» Explore ways in which Ghosn could have made the organization turnaround more effective and also explore strategies that Ghosn's team can adopt in the future.

Contents:

Key Words:

Turnaround, Competency Management, Performance Management, Succession Management, Human Resource Management, HR Practices, Culture, Restructuring Strategies, Decision Making, The Nissan Way, Nissan, Talent Management, Incentives, Reward, Career Development, Carlos Ghosn, Diversity, Empowerment

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