leading and managing changes Essay

HMV Group announced a three year strategic and operational review in March 2007. The primary purpose of this dissertation is to analyse the methods used to manage this strategic change and to discuss alternatives. The secondary focus is to assess the decision to change.  At a time of change, much focus is placed upon developing strategy and not enough on the implementation and management side. It is possible that a ‘perfect strategy’ for a situation is wasted by poor implementation. A specific strategy can be developed over night, however; successful strategy implementation is a much longer process. In order to analyse HMV Group’s change management efforts, it is crucial to

Change is an occurrence that happens to a person or a company that results them going into a different direction. This either helps them or impacts them negatively. I will explain in this section the outline of my report, in using terms and theories learn in this course so far as well as briefly what has happened within my company Dash Distributors. In this report I will discuss the major changes that have happened at Dash Distributors in the past 10 years. Go through the company’s history and as well as the internal and external factors. It will also contain what I went through an interview with my manager Mike Walter.

The single bigger event in the Australian department sector has been the potential overtaking of David Jones. Myer offered very little commentary on the proposed merge, however it did show enthusiasm as their estimation saw a yearly benefit of $85 million a year within three years. Myer also organised a debt financial facility of $500 million. Appointing a strategic advisory to review the proposal of the synergies was also seen as positive activity on the merge. However, the negative sales

This case study is about how a Chief Executive Officer changed JC Penney’s strategy. Ron Johnson was named CEO in the fall of 2011. He was a previous executive of Apple under Steve Jobs. His strategy was to be cost competitive and change how the retailer was operating currently (Mattioli, 2012). He began with changing the pricing structure of products and services that JC Penney offered. His other strategy came from his Apple background of making the store a hip place to hang out by changing the store layout and adding coffee bars and boutiques. This strategy was thought by Johnson to draw customers that he was used to drawing at Apple. The issue with this strategy was JC Penney customers were not the same as Apple’s customers.

Change Leadership: An Evaluation of Change in Cancer Care Treatment and Surveillance at the New Mexico Veterans Administration Health Care Services

Change management according to many becomes essential for the following reason: external pressure; which can encompass competition, new technology, cost, and regulation changes. Furthermore, economic and social conditions can escalate long-term change necessary. This paper will discuss several aspects of change management models, theories, and application thereof. In addition, it will provide overviews of the drivers of change, factors necessary for to implement change successfully, strategies and expectations of management, and leadership styles needed for influence and effectiveness.

Although SHLD is attempting to cut costs and capitalize off of their newly appointed loyalty program, the company continues to manufacture quarterly losses (Sharf, 2014). Their lack of profitability stems from an inadequate mission statement, increased competition, inadequate marketing and lack of bargaining power. However, all of these aspects can be fixed to ensure that SHLD becomes profitable again. This is why research needs to be completed. I need to research ways combat competition, revitalize their marketing approach and increase their bargaining power. Furthermore, I need to ensure that SHLD’s modified mission statement provides guidelines for the entire organization to follow. Once all of these aspects of SHLD are fixed, I will present my results to my General Manager of SHLD eastern region. Prior to presenting a formal report to my General Manager, I plan to excavate information from sources as follows: Wall Street Journal, Forbes, ABC news and much more. In addition to periodicals, I will use UMUC’s Library to extract financial trends and statistics. Moreover, I plan to conduct interviews with general and store managers from Sears and K-Mart stores to retrieve their reactions to SHLD current financial

When companies fall behind in the market share, there is no magic wand to wave around, and with intense competition in the department retail business, it is a struggle to maintain profits, expand and modernize.

This paper presents an analysis of the business sector of a medium sized business organization based in the United Kingdom the Budgens Stores. The analysis covers all the macro-environmental factors which the company is facing in its day to day operations and the strategies which it has incorporated to compete with the market leaders and grow in the industry successfully.

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.

Notably, a proper and intricate study of the interviewees reveals that Dave Arenburg, the Chief Executive Officer of Adcor marketing practices change management as part of his normal day. Actually, this is dint of the fact that his day is spent in coordinating, directing and following up with the management team to make sure that they are responding to the performance goals. As a matter of fact, Daren Arenburg is involve in change management daily because in daily basis he endeavors to make relevant changes as pertains certain troubles that occur in the organization to the tune of breaking of equipment, issues relating to human resources, in addition to challenges relating to customers (Acadia Multi-Media Case Management System(AMCMS), 2010). In point of fact, unless he makes the relevant changes, the “troubles” enunciated above make result to undesirable effects to the company.

A negative sales growth is foreseeable for David Jones based on the recent report released by the company and the globe economic crisis. But NOPAT margin will not drop as much as sales due to cost management and inventory restructure, approximately 4% in 08/09. After 2009, it is expected that the sales growth to recover and even achieve the highest of 8% due to the company’s strategic plan, with the expansion of new stores and refurbishment of old stores. NOPAT margin is approaching 9% after the recession, due to the success of the four year expansion plan.

This paper communicates the company’s strategy and describes the change initiative including the considerations used in designing the

ABC Supplies has recently reinvented companywide marketing tactics, after a decrease in sales in the southern region revealed a need for updating and improvement within organizational sales tactics. Utilizing the Deming cycle has allowed for successful vetting of sales tactics used by ABC Supplies, and the time has come to implement a new method of tracking sales, in order to accurately align marketing efforts with sales results. This change will require implementing new processes, which have been determined by upper management. At this time it is necessary make a plan for implementing the chosen processes, and managing the impact of the change within the organization. It will be essential that organizational leaders understand the type of change being implemented, select a change model as a framework in order to apply beneficial structure to the change process, and make a plan for dealing with the resistance that often comes with organizational change. Taking these steps will provide necessary strength to the organization in the midst of change, and allow for growth within the context of the change environment.

This study will look at three alternatives, which may be embraced to boost business in a company. The three alternative strategies considered in this study are the innovation strategy, which involves promoting innovation through branding and rebranding of the products and services of the company. The second strategy considered is the international marketing strategy where the company will expand its market to new external markets. The third alternative strategy is leveraging the human resource strategy. This involves the development of employees so that they can give extra input for the realization of desired results. This strategy may involve training, remuneration, and developing appropriate job designs. The study will outline the advantages