Reliance Industries Ltd. is working on cost-cutting exercise. Nothing new for any organisation, but what is strange is the way it is planning to do it. From unnecessary travel, stationery use, to as stringent as the number of times an employee can sip a cup of coffee/tea. It's good to know that RIL is also working on cutting down costs because every employee in RIL knows the amount of money that goes wasted due to no proper check. Organisations should also be taking care of the employees and ensure that cost-cutting takes place only for the right division. Cutting down on coffee and tea for RIL, considering the fact that they dont lure their employees as much as other organisations do, this is certainly holding back on the basic amenities on their employees.
Organisations should certainly think about taking up measures like this by considering what competition has in store for their employees. Not to mention about the brand equity, will this not lead to employee-dissatisfaction?
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2 comments:
cleaning trash is always there The ones who are sent out are the ones who are the least in quality and were not meant to be there. Others left out work hard. It works bith ways. like the evolution theory
Hello Vamshi,
Thank you for your comment. Agreed that Peter's principle is a common phenomenon in most organisations, things have started to change now. People are now taken into organisations based on their abilities and this is good for the ones who really deserve to be atop.
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