UDC: 005.35:005.591.4

DOI: 10.7595/management.fon.2012.0016

The restructuring is a complex process of adjusting the company for changes that come from the environment, in order to increase business efficiency and competitiveness. The two most important things for a successful restructuring are the justice and communications. Responsible companies are companies with vision, who knows that worrying about employees today, provide their own prosperity tomorrow. The restructuring should be seen as an opportunity for the company to direct its focus on those areas of business where it made its greatest comparative advantages. Employees in such circumstances should be regarded as the highest value of the company to be developed, not as an expense that should be reduced as soon as it appears the first signs of crisis.

Keywords: The restructuring, business efficiency, Procedural justice, Distributive justice, communication strategy

Slobodan Panić

National Bank of Serbia, the Institute for Manufacturing Banknotes 

and Coins – Topčider, Belgrade

Download article: Responsible Restructuring – the Most Important Aspects