Question 2: In the first six months, Archie Norman came to realize that they needed to
Question 2: In the first six months, Archie Norman came to realize that they needed to
Synopsis: Doug Aiken took over Tech Depot and replaced the symbolic leader who founded the company, when Aiken took charge he immediately introduced a new management plan, measuring everything from sales of products to employees. He saw himself as the omnipotent leader (mgt p39) Sales dropped after two years and everything Aiken was working for diminished. He did not gets the results that were expected by the company. Many of the staff expressed dissatisfaction with their jobs The board decided they were in need of a new CEO, so they hired Meryl Francoli who is known for achieving results. Francoli’s first concern was to get the company back on its feet and reach the higher sales they once had, and reignite the employees commitment she wants to implement an OME to be used to combat turnover, increase morale, and lead to innovation throughout the company. Francoli knows there will be a lot of resistance introducing this but believes it will improve Tech Depots financial situation and boost employee morale.…
Adversity breeds creativity, and this pending financial crisis led to a series of events that eventually turned this company around. From the financial perspective, the new leadership established quantifiable and achievable goals for this company. The first of which was to increase revenue at a faster rate than the market increased. Next, was to turn 30% of their revenue into operational profit. Lastly, they committed to doubling their earnings per share. All of these goals were ambitiously to be accomplished within 3 years, all the while improving on their customer relationships in a way that influenced their bottom line.…
Organizational change can derive from small changes to large changes that can affect a business. The Concord Bookshop went through changes as many other companies are faced in today’s recession, fierce competition, innovative technology, and restructuring needs. The important factors a company needs to concentrate include implementing successful interventions to stay in business, increase finances, and motivating employees to change their behaviors. If certain phases of an organizational change do not take place, this could lead to failure. In this paper, I will describe three processes not completed or implemented at the Concord Bookshop that lead to change failure.…
First, after Al Dunlap was hired, Dunlap wanted to surround himself with loyal executives, such as Mr. Kersh, and fired the existing senior managers. This strategy make Dunlap easily get consensus for his points. Second, his immediate strategy was to aggressively cut the costs by eliminating excessive staffs, divest unprofitable divisions and consolidate headquarters as well as production facilities.This strategy could result in lower cost, higher profits. Then he turned his strategy to growth and expansion of core business after the downsizing strategy. This strategy focused on growing the core business by product differentiation to diversifying through both concentric and conglomerate acquisitions. Also company announced a huge restructuring charge…
Zimmerman, J. (2004). Leading organizational change is like climbing a mountain. The Educational Forum, 68(3), 234-242. Retrieved from http://search.proquest.com/docview/220687683?accountid=12085…
Leading Change is broken up into three parts. Part one begins by discussing the potential downside of change and the eight errors commonly made during transformation efforts and their consequences. He then goes into detail on the economic and social forces that drive the need for major change in today’s organizations. This is also where Kotter introduces his eight step process for creating change. In Part two Kotter goes into great detail about his eight step process for successful change highlighting what to focus on and avoid at each step of the process. Part three looks at the implications for the 21st century, he goes into detail about the organization of the future and talks about sustaining that success through leadership and lifelong learning.…
1. Incorporating employees into the process of dealing with business challenges: Charlotte formed a cross-functional team of change agents. This was a team of like-minded people (the “thirsty for change” group) and Beers engaged with them in discussions with the intention of formulating a vision for O&M. Participation by all members meant that all of them could identify with the vision and internalize it. These discussions led to a final 3-point strategy bounded by the concept of brand stewardship. Furthermore, the group members also worked to communicate the strategy to the next level of managers.…
Harvey Norman Holding Pty Ltd (HNH) in June 2012 delivered a net profit of $227.41 million, a decrease of 39.2% from the previous year (HNH Annual Report 2012). Clearly the company was not meeting the ever increasing demand of the retail consumers, that were becoming increasingly savvy and expecting more specification through on-line shopping and a getting in-store experience (Baird & Kilcourse 2011).…
Albanese' approach may be typical for many organizations but unfortunately it doesn't return anticipated results for numerous reasons. Organizational development theory tells us that change, in order to be effective, must be led and managed. Albanese only provided a quick solution to what she regarded as a simple problem while making no efforts to establish a change plan that would have included such elements as providing the leadership and vision to promote the change, cultural assessment to align behavioral norms, communication and stakeholder management, performance management, training and development, and…
When analyzing interventions it is important to consider certain criteria. The intervention within Airbus was pertinent to the organizations needs. The ICT workforce had gone through several reorganizations, which left them feeling tired of change and ultimately unable to produce results needed by the company. Donnan utilized an intervention strategy that would result in high performance and results by aligning all parts of the organization’s design (Cummings & Worley, 2015). The intervention, according to Cummings & Worley, resulted in “bottom line savings” and measurably better results in reference to “delivering on its products, services and cost promises” (p.335). It is hard to establish the extent to which an intervention is based on causal knowledge of intended outcomes. Determining whether one intervention method is better than another in this regard is difficult. The results of this case study as presented paint a pretty significant picture as to how successful this intervention was, however there is nothing specific to compare it to. Donnen had experienced large group interventions in the past as a participant, design team member and logistics team member. Based on her own experience, she was aware of the importance of aligned leadership and determined that this specific intervention would be best. Finally, it is important for organizations to recognize the importance of employees’ ability to continue the ability to manage change. For the ICT employees, this can be measured by how often they have these summits to maintain the change momentum. Following the 2010 initial summit, they have had summits each year since.…
Even since major management changes four years ago when 50% of the senior management team were made redundant the council has still struggled to fully move to the transformational leadership style that it is clearly trying to establish. When the senior management team was reorganised managers were kept who were flexible and could…
The change programme and the leaders of the change have been extremely effective in terms of bringing M&S back towards its former glory. As Paul Myers reports in the most recent annual report (2006):…
Powell’s leadership over the company is an interesting thing, he was quick to get things done and always did what he thought was best for the company. One thing that I think is lacking at Alaska Coffee Company is another source of input, say a board of directors. Sure Powell was given input by his retail managers, employees and customers, but he wasn’t given any advice from people that new the company inside and out. All the people that offered him advice had no knowledge regarding the financials or other intricate facets of the company. If he had a board of directors he might be able to make more informed decisions that better serve the company as a whole. It is clear he also didn’t have a clear process for managers to go through to implement changes and or suggestions. The chain of command was vague and rarely used except by going directly to or through him. His attitude of “let it rip” is great because it gives employees freedom to thing outside the box and make them feel like they are a major part of the company but does not give any structure to them. His marketing background is most likely a key contributor to the company’s success in implementing new products and keeping customers coming back but with no real experience in running a company before this he lacked the human resource skills necessary for a company to thrive which is clear in his passive leadership role.…
Mr. Anil Moolchandani, a graduate from Delhi University, walked into his family business of saris. While working for it he was obsessed of maintaining high standards and realized that his heart is in the business of greeting cards, which appeals to emotions. As a youngster he was found of decorating rooms and pop music. In the era of 1977, Chellsons was the whole sole poster making company situated in Sivakasi, Tamil Nadu, not having vast distributing network. This made Anil think on his hobby and translate it into existence. (Mital, 2009)…
Penny it is important to note the aspects that have changed within the company. For one, two leadership styles are presented that are involved with the decline and rebirth of the company, respectively the authority-compliance style used by Johnson and the transformational style administered by Ellison. While both styles have strengths and weaknesses it is important to note that one cannot force a leadership style onto any given situation, when in fact a good leader knows when to apply certain styles at the right time. Ellison, for example, demonstrates this by the way that he has prospered between using transformational and transactional leadership styles to help rebuild the company’s consumer base and credibility. Another aspect that has changed comes from the three stages of unfreezing, changing, and refreezing that Kurt Lewin’s developed in 1951 that the company has undergone (Hickman 2010, p. 85). With the implementation of those three stages the company has successfully allowed resistance to thaw out, hear out the consumer and employees, developing a strategy that is both cost effective and consumer friendly by reintroducing brands and focusing on a target market , and then come together to develop a better plan for how to move forward by not only looking at diversification, but also by creating a better relationship with the community. The last aspect in terms of the change over the past few years is that of the inclusion of the organizations history. A good quote for what happened in the life-cycle of J.C. Penny is “Those who cannot remember history are condemned to repeat it” (George Santayana). This can be applied to Johnson and how he neglected to account for the company’s history when making decisions for it’s new business model, which can be traced back to the fact that the other two companies he helped had only just started to break hard into the market with very little history compared to J.C.…