Case Study: Change Management Project

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Case Study: Change Management Project Prepared by Brian Davies for Massey University College of Business to fulfil the requirements of Assessment Three: Change Management Project – Case Study as part of NZ2 MBA Change Management paper. Dated November 2010 Strategy for Change CompuFix Inc. Report to Jerry Smiles covering strategic analysis, change direction and implementation plan for CompuFix Inc. Prepared by Brian Davies November 2010 * ABSTRACT - This page confidential to Jerry Smiles This strategic background and change management plan describes, analyses and extracts lessons from Compufix Inc in conjunction with the discussions…show more content…
The assumptions made are therefore: CompuFix Cash in bank is $500,000. All financial ratios appear adequate. No claims or actions pending. Harry Jones * Harry is presently aged 57, is in good health, with a desire to retire and spend time with his extended family from age 60, in three years time. * Harry’s shareholding is currently at 51% with no succession plan in place. His agreement to the appointment of Jerry Smiles as CEO was welcomed, conditional upon Jerry Smiles providing a strategy for Harry to sell down his ownership in stages with an end result of being left with a 25% shareholding at age 65. Harry’s expectation of his share value is not unreasonable although wishes to maximise benefit over the next three years but still retain an ownership stake in ‘his’ company. * Harry wishes to retain his Board of Directors position to ensure that ‘his people’ are looked after. * Harry believes he gets on well with his brother-in-law so long as the Board does what Harry wants and Harry is struggling to rationalise the differences in relationship nature between the Board, organisation and himself, as he still sees the company as ‘his’ regardless of structure. Brother-in-law * Harry’s brother-in-law has retained his equity funding and injected funds in the initial years to ensure adequate cash flow for growth. His is the only funding other than creditor obligations. * Whilst not needing the funds to be repaid, he does not want
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