Corporate Downsizing Applications for DoD
DEFENSE BUSINESS BOARD WASHINGTON DC
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The Department of Defense is committed to providing the highest level of combat effectiveness in order to protect the Nation from both internal and external threats. It must now also meet this commitment in a new budgetary environment. As Secretary Panetta noted, our growing national debt, if not addressed, will imperil our prosperity, hurt our credibility and influence around the world, and ultimately put our national security at risk. As part of the Nation s efforts to get its finances in order, defense spending will be and I believe it must be part of the solution. Since many private sector companies have had to engage in substantial downsizing as a result of the 20082009 economic recession, the Chairman of the Defense Business Board DBB herein referred to as the Board established the Task Group on Corporate Downsizing Applications for DoD. The Task Group was directed to provide recommendations as to which downsizing principles from recent successful private sector experience should be considered by DoD that would allow the Department to maintain a high level of combat effectiveness at a lower cost in a reduced budget environment.
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