Rightsized: meaning, definitions and examples
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rightsized
[ ˈraɪtˌsaɪzd ]
business context
Rightsized refers to the process of adjusting the size of a company or organization to improve efficiency and effectiveness. This can involve reducing or increasing the number of employees, resources, or operations to align with the current market demands or organizational goals.
Synonyms
optimized, restructured, streamlined.
Examples of usage
- The company was rightsized to remain competitive in the industry.
- After the merger, many departments were rightsized to eliminate redundancies.
- The management decided to rightsized the workforce to better meet customer needs.
Translations
Translations of the word "rightsized" in other languages:
🇵🇹 dimensionado corretamente
🇮🇳 सही आकार में
🇩🇪 rechtzeitig dimensioniert
🇮🇩 ukuran yang tepat
🇺🇦 оптимально підібраний
🇵🇱 odpowiednio wymiarowany
🇯🇵 適切なサイズに
🇫🇷 dimensionné correctement
🇪🇸 dimensionado correctamente
🇹🇷 doğru boyutlandırılmış
🇰🇷 적절한 크기로
🇸🇦 بحجم مناسب
🇨🇿 správně dimenzovaný
🇸🇰 správne dimenzovaný
🇨🇳 正确尺寸的
🇸🇮 pravilno dimenzionirano
🇮🇸 rétt stærð
🇰🇿 дұрыс өлшемде
🇬🇪 სწორად გაწვდილი
🇦🇿 düzgün ölçüləndirilmiş
🇲🇽 dimensionado correctamente
Etymology
The term 'rightsized' emerged in the late 20th century, particularly during the economic shifts in the 1980s and 1990s when businesses began to focus on increased efficiency and profitability. It is a play on the word 'right' and 'size,' suggesting an appropriate or correct sizing of an organization. The idea was to shift from simply downsizing, which often had negative connotations, to a more positive approach that implied making strategic changes for better alignment with business goals. 'Rightsizing' often involves analyzing the overall structure of an organization and making necessary adjustments that take into account market conditions, workforce capabilities, and long-term strategic planning.