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"In a dynamic business environment, a business is forced to change if not fine tune strategy. If so, how can our organisational structures remain unchanged for a long period of time", said four expert panellists at MTI's recently concluded evening meeting on restructure of Perish. The third performance of this highly popular theme meeting attracted almost 100 participants, thus covering 450 participants over the three sessions. An annual restructuring process, which reflects the business strategy and as an integral part of the planning process, could help prevent business, collapses.

MTI's Bahrain based MD Hilmy Cader using several local and international examples showed why it is important to re-strategist before restructuring. "Difficult times are here to stay and that we should build businesses that can withstand these trying time. "You've got to be lean and mean even if the going is good", said the international management/marketing expert.

SriLankan Airline's Head of HR Sunil Dissnayake outlined some of the obstacles and pitfalls in restructuring. He illustrated several examples of streamlining processes within companies and the resultant lean and mean structure that can be built. He underscored the importance of senior management commitment throughout the restructuring process.

Hayleys Consumer and Hayleys Agro Director Rizvi Zaheed shared his experience in building a new hands-on and performance drive culture at the recently restructured Hayleys Consumer Products. He spoke of the need to re-launch the new company and the importance of team building and team-gelling sessions.

MTI's Sri Lanka MD Lasantha Abeywickrema emphasized the need for post re-structuring staff communication and social responsibility in terms of helping and guiding retrenched employees. "Simple initiatives of helping these retrenched employees to develop resumes, face interviews, get head hunted and considering them for outsourcing helps reducing the pain of restructuring on employees."

MTI Consulting offers their re-structuring solutions in Sri Lanka and globally. 

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