
Consolidation Plan
A consolidation plan is a strategy organizations use to combine or restructure their systems, resources, or operations to improve efficiency and reduce costs. It involves merging multiple departments, locations, or processes into a more streamlined setup. This plan helps eliminate redundancies, optimize resource use, and strengthen overall performance. It's commonly used in banking, business, and government to ensure better coordination, reduced expenses, and enhanced service delivery. Essentially, it’s a carefully planned approach to create a more effective and sustainable organization by reducing complexity and improving operational synergy.