restructuring

Vocabulary Word

Definition

'Restructuring' generally means changing or rearranging the structure of something, often to make it work better. It's often used in businesses when they need to change how they are organized.

Examples in Different Contexts

In corporate management, 'restructuring' is essential for overcoming financial distress. A CEO might say, 'Strategic restructuring will enable us to optimize our resource allocation, streamline operations, and reposition ourselves in the market.'

Practice Scenarios

Tech

Scenario:

Our codebase is becoming complex and unmanageable. We need to consider how best to ensure it remains maintainable.

Response:

That's right. Restructuring our codebase now will save us a lot of time and effort in the future.

Academics

Scenario:

Our student body's needs are shifting, and our current department work isn't meeting them.

Response:

Correct, a restructuring of our departments could help us better address the shifting needs of our students.