International Store Opening and Change Model Used
XYZ, Inc., International Store Opening and Change Model Used Around the world, retail business has been in demand for quite some time. Therefore, expansions and changes due to technology are developed daily to help innovate and maintain the competition worldwide. These changes help prepare the retail business to be successful, to operate smoothly, effectively and efficiently. This paper will tell how being an executive of XYZ, Inc., a high-end retail chain that sells luxury watches, jewelry, and hand bags, enable me to make short term, small scale changes in Shanghai our first international store; then later into a long term, large scale change within the organization by having additional stores in Brazil, Russia, India, and China (also known as the B.R.I.C. countries). I will also discuss the change model used during these short and long term changes and the effect it will have on the organization. XYZ Incorporated is a high-end retail chain that sells luxury watches, jewelry, and hand bags based in San Francisco, California. Having been in business a little over 20 years with a store in each state, they have seemed to be doing exceptionally well in their line of business due to having high demands of their goods in which they cater to customers such as movie stars, song artists/writers, producers or one could say, mostly to the rich and famous people. Their pieces are one of a kind, very articulate, and different, so one will never buy the same thing. Throughout the fifty states, XYZ Inc., is staffed with over 200 employees whose main goal, vision and mission statement to be “clients first”. Pleasing a client can be difficult if they are looking for a certain style, color or material of that product, but XYZ has always comes out on top for a highly recommended customer service recognition. Currently they are at #2 in Forbes 500 magazine, trailing behind Zappos to be #1, someday. With the fluctuating market, XYZ remain to have a high increase in
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Weiss, J.W. (2012). Organizational Change. San Diego, CA: Bridgepoint Education, Inc.