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Downsizing and right sizing – why its needed and how to do it
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Research and innovation is expensive
It was in 1760 that Downsizing and right sizing techniques were used, Adam Smith set out the ideas that would shape businesses. He made the first designs for how an organisation should look and designed the first organisational structure; it was first used about 1771 by a company called Arkright in Cromford in the UK.
Then adopted as the model for success by other companies world wide and surprisingly this structure for organisations is still very much in evidence to day.
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