Choosing a change model can be difficult for an organization. The company must ensure that the model it chooses will help them make the smoothest transition possible for everyone involved. The chosen change model must also help the company reach its goal within the time frame the company needs to have changes made. Columnist Kouzes and Posner stated, “As counterintuitive as it might seem, then, the best way to lead people into the future is to connect with them deeply in the present” (Kouzes and Posner, 2009, To Lead, Create a Shared Vision, para 7). A written vision statement is not valuable if the words lack vehemence. Shared vision implies that each member of the team or business is active and inventive. Actions become applicable when goals and objectives are clearly identified. Present activity will set the path for where the business is headed. The term shared means individuals are united. Organizational culture sets the foundation by which all other systems are formed. Shared organizational culture prompts employees to embrace the same values, beliefs, and practice common behaviors for the sake of unification. Shared organizational culture is important; it will help the company establish its unique factor. The Dollar Tree Cooperation provides inbound, import, domestic transportation and outbound transportation services to 48 locations in the United States and five locations in Canada (Dollar Tree Inc., 2014). Using 10 distribution centers, the Dollar Tree is
The daily routine at Dollar Tree Inc. is very basic and is usually minimally manned. Problems such as stray items, wrong inventory and cash drawer mismatch arise due to employees not having the proper training.
Dollar Tree, Inc. is an American-based chain of discount variety stores, selling every item for one dollar or less. The company’s headquarters is in Chesapeake, Virginia and operates more than four thousand stores throughout the United Sates (DollarTree, Web). Its stores are supported by a national logistics network of nine distribution centers. The enterprise operates one dollar stores under the name Dollar Bills and Dollar Tree. The Enterprise also operates a multi-price-point variety chain under the name Deal$. Dollar Tree company competes in the low-end and dollar store with the national chains Big Lots, Dollar General, Family Dollar together with other regional stores like Fred’s and Mary, 99 Cents Only Stores and many other independent dollar stores nationwide (Adam, 2011, Web).
Dollar Tree operates as a Public trading company in NASDAQ (DLTR) as S&P 400 component. With over 13, 851 discount variety retail store (5, 954 under the Dollar Tree, Dollar Tree Canada, Deals and Dollar Tree Deals brands) ten distribution centers in the United States and two in Canada and a Store Support Center in Chesapeake, Virginia.
In 2015, Dollar Tree finalized its acquisition of the Family Dollar brand chain (Thomas, 2015). Per Thomas (2015), the combining of these two brands will give the organization more than 13,000 stores in 48 states and five of the Canadian provinces and allow them to be a multi-price point retail chain. Dollar Tree CEO Bob Sasser was quoted as saying “This is a transformational opportunity for our business to offer a broader, more compelling merchandise assortment, with greater value, to a wider array of customers” (Thomas, 2015). Another change that has been noted is that the size of the Dollar Tree stores is getting bigger. They are placing themselves in stores with more square footage so that they can offer more products and incorporate food items into their offerings. Even with combining of the two brands and expanding their store size, Dollar Tree corporation is still facing
Organizational culture is the summation of the underlying organizational values manifesting as collective assumptions, attitudes, beliefs, expectations and norms. Grounded in the customs and
Dollar Tree believes the “acquisition will extend our reach to low-income customers while strengthening and diversifying our footprint (Peralta, 2015, para. 4). The combination would “operate more than 13,000 stores in 48 states and five Canadian provinces, with sales exceeding $19 billion annually and over 145,000 associates” (Guiler, 2015, para.9).
Dollar Tree Stores, Inc. is the largest retailer among low-price convenient variety stores in the United States. Placing all of their merchandise at the one dollar or less price range, the company’s stores offers a wide variety of general goods, including food, housewares, health and beauty products, hardware, cleaning supplies, and many other consumer items. As of 2004, Dollar Tree had over 2,500 stores operating in 47 states. Because of its purchasing power – buying products in huge quantities, Dollar Tree is able to provide its customers a wide variety of products for just one
Organization culture is the matter that holds a company intact. This is what makes each
Dollar Tree is an American chain of discounted items in many varieties that sells for$1 or less. They are the largest single priced retailer. Dollar Tree carries items that are used as consumable, variety categories and seasonal. You can shop at any Dollar Tree and find items such as health and beauty care, household consumables, home decor, office and school supplies, party supplies, toys, floral supplies, kitchenware and cutlery, and seasonal merchandise, paper products and chemicals products, candy, food and frozen and refrigerated foods, and soft lines. Dollar Tree has everything you need for every day, every holiday, and every occasion. Dollar Tree is so large that they have a total of 4,992 stores in the 48 States and has 10 distribution centers across the US. There is probably a Dollar Tree right down the road from where you stay. Dollar Tree is very considerate of their customers. They want to make sure that when the customers come into the store to shop that they are having fun while doing so. They understand about placing their customers’ and shareholders needs and want first to better position themselves in the future and to keep ahead of their competitors. Dollar Tree has a strong market position because it is the largest single priced retailer that makes as strong as they are, and with the integration of the Family Dollars stores, Dollar Tree future is looking mighty bright. Dollar Tree wants to continue to improve in their sales year after year. After the
Organizational or corporate culture is the widely shared values within an organization that foster unity and cooperation to achieve common goals. The key to a productive culture is mutual trust. Organizations receive trust by giving it. Top companies stress high moral and ethical values such as honesty, reliability, fairness, environmental protection and social involvement.
Change model is called transtheoretical Model (RHIhub, 2017). Change model crucial to evaluating companies, communities or an individual. The model also clarifies how a business, community or individual can incorporates new management, objectives, and programs at changeable levels (RHIhub, 2017). In which, change model different intervention level are implemented to assist with progress. According to RHIhub (2017), “These stages include:
Dollar Tree is company that operates in the discount retail industry. Dollar Tree has a significant history of acquiring competitors in order to expand its operations (Parnell, 2014). This growth strategy has resulted in satisfactory performance in the past, but the company is now approaching the point that industry concentration may alert unwanted attention from anti-trust regulators. It is therefore unclear how Dollar Tree can continue its massive growth through further horizontal integration.
Organization culture is the matter that holds a company intact. This is what makes each
In today’s economy I see business like Wal-Mart, McDonalds, and HEB Grocery is always making changes. Changes in organizations like these are challenging aspect to implement. If an organization applies strategies and they do not yield the expected result for a successful operation, it is important to change and try out new ways. It is the organization responsibility to implement the change. The major challenges that change faces include resistance and strategies to incorporate the new ways of operation. Failure to adopt new strategies results from the failure to implement the changes successfully. It is therefore important to ensure that an appropriate change model is used to ensure that the changes are embraced by the organization.
Organizational culture is a vital aspect of any successful business or organization. A positive culture can help attract and retain loyal and committed employees, which, in turn, can strengthen relationships with customers and other partners. Just like any other asset, organizational culture must be monitored and nurtured to ensure that it reflects the organization and its