Sanofi - Aventis Restructure

Sanofi - Aventis Restructure
Name: Course Title: Course Code: Course Instructor: Institution: Date Due:
Table of Contents1.Introduction 1.1 Overview of Restructure…………………………………………………2 1.2 Changes Made in Sanofi Aventis………………………………………..22.References…………………………………………………………………………4
Sanofi – Aventis Restructure
1.0 Introduction
1.1 Overview of Restructure
A change in strategy usually warranties restructuring. The restructuring process should then be done in tandem with other changes that is; process change and culture change. Restructuring can result from various reasons; market conditions or competitiveness can result to downsizing or rightsizing, rationalizing or cost cutting. Decentralization or centralization can be used as a drive towards internal improvement. A merger or acquisition together with change in strategy can be used to bring strategy implementation. In addition, cultural change can be used to bring about strategy implementation (Cameron, & Green, 2009). 1.2 Changes made in Sanofi-AventisIn order to respond better to its patients and customers in an ever challenging healthcare market, Sanofi-Aventis restructured its pharmaceutical Operations. This meant a reduction of 25% of the work force. However, the company...