Shakeup


Shakeup
A series of events and processes that a company's management team facilitates in order to change and/or reorganize itself in an attempt to improve its current situation. Shakeups can occur when a business has undergone new ownership or has been performing poorly, and a shift in the company's team or overall strategy is a necessary catalyst for potential success.

For example, Al Dunlap was brought to shake up Scott Paper in an attempt to make the paper company successful. Over the course of an 18-month process of restructuring and cost cutting, Dunlap transformed Scott Paper from a $2.9 billion company into $9.5 billion company.


Investment dictionary. . 2012.

Look at other dictionaries:

  • shakeup — shake‧up [ˈʆeɪkʌp] noun [countable] a process in which an organization makes lots of changes in a short time in order to become more successful, effective etc: • The shakeup could cost as many as 3,000 of the bank s 41,600 employees their jobs. • …   Financial and business terms

  • shakeup — shake|up [ˈʃeıkʌp] n a process by which an organization makes a lot of big changes in a short time to improve its effectiveness shakeup of ▪ a big shakeup of the education system …   Dictionary of contemporary English

  • shakeup — noun (C) a process by which an organization makes a lot of big changes in a short time to improve its effectiveness: a huge shakeup of the education system …   Longman dictionary of contemporary English

  • shakeup — / ʃeɪkʌp/ noun a total reorganisation ● The managing director ordered a shakeup of the sales departments …   Dictionary of banking and finance

  • shakeup — noun the imposition of a new organization; organizing differently (often involving extensive and drastic changes) a committee was appointed to oversee the reorganization of the curriculum top officials were forced out in the cabinet shakeup • Syn …   Useful english dictionary

  • shakeup — shake·up (shākʹŭp ) n. A thorough, often drastic reorganization, as of the personnel in a business or government. * * * …   Universalium

  • shakeup — noun A vigorous reorganization, especially of the personnel or procedures of an organization …   Wiktionary

  • shakeup — (Roget s Thesaurus II) noun A thorough or drastic reorganization: overhaul. Informal: housecleaning. See CHANGE …   English dictionary for students

  • White House shakeup — Within a week after the 2004 United States Presidential Election, several members of President George W. Bush s cabinet announced their resignation in what major media outlets and Bush himself called the White House shakeup [cite news url =… …   Wikipedia

  • 2007 Kazakh political shakeup — The Kazakh political change in hierarchy of 2007 began on 8 January 2007 when Prime Minister Daniyal Akhmetov unexpectedly resigned and ended with the Senate s confirmation of Karim Masimov as his replacement on 11 January. Akhmetov did not say… …   Wikipedia


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