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Bill Brady and the financial institution he works for is an interesting one. An infusion of young blood has led to the presence of potential upheaval. The new EVP has some of the same ideas as Bill but the time horizon for change is immediate rather than gradual. It would also seem that age discrimination might be at issue given the propensity for the new EVP to hire younger people with the attrition that is about to occur quite likely affecting older and more experienced workers much more significantly. While being ambitious and bold is typically a good thing, being reckless and brash is less than wise.As stated in the introduction, the changes desired by the EVP are many of the same changes that were suggested by Bill in the past. However, the time horizon in question is much more constricted. The only saving grace, it would seem, is that Claire is at least somewhat diligent in making decisions and changes, although the budgets and compliance with the changes overall will apparently be demanded, not just asked for. Beyond the attrition and other personnel changes that will occur, there will be procedural and process changes that involve conflating...
Much of that is actually not a bad idea. However, there are two major problems that can or will arise. First, massive swings and changes in personnel will be unsettling, as stated repeatedly in the case study, and personnel swings that clearly favor younger people will probably bring accusations, rightly or wrongly, of age discrimination. Further, the shift towards automation and use of technology will surely not favor the more mature and seasoned people because computers and technology are at level that was unthinkable just twenty years ago when the World Wide Web became prominent for common users.
An alternative to the proposed path that will address both problems would be to slow things down and to base the attrition (and hiring of new people) on merit . . . not age. The pattern in place right now is rather concerning and it will lead to litigation if not metered. If the younger people are simply better, that is fine. For example, the younger people will be more tech-savvy and that will be an asset given the changes involved. However, merit or something other than age must…
Change Management An organizational change in a company involves a major change in processes or systems such as organizational structure, business model, leadership direction, strategy, objectives and technology. In the retail business the focus is on customer service and growth often brings about changes. This paper will explore the organizational change happening in a regional retail store selling home furnishings and art. The store desires to expand its product offerings by opening
Change Management in Public Organizations Change management involves an organization moving through adjustments to bring it into a different point in its development (Anderson & Anderson, 2001). Companies are almost always changing and growing, but when change management is involved these changes are calculated and they take place in a planned way. The goal is to move the company forward so that it can continue to grow and develop with the
Change Management Fabrication International CHANGE Management AT FI (i) Critical Assessment of Investment-Appraisal Process The investment appraisal process at Fabrication International (FI) is divided into four distinct steps. This appraisal process reflects the values and concerns of top management that it seeks to realize during the decision making process. FI is marked by traditional expectations of doing business. It expects its long time customers to continue doing business with it irrespective of economic realities.
Change management is both a necessary component to organizational success, and, at the same time, it is cause for confusion and tension among employees. This paper reviews the issues and problems presented in the Spice-Trail Oriental Condiments and Relishes paper -- from the perspective of change management theories and practices. Hired by Kim as a consultant to help smooth out the rough edges and provide strategies for success, this paper
The change leader should feel confident about the change if decision criteria are driven by impartial and objective considerations and his position is based on organizational, mission, vision and strategies. Then leader should try to convince all employees on objective and factual grounds while also taking care of their emotional issues. If leaders do not behave well and control their own emotions then employee morale gets affected. "Most executives
Why Nike Needs to Cut Colin Kaepernick Executive Summary Nike’s decision to tap into “woke culture” and turn the out of work former NFL quarter Colin Kaepernick into a brand ambassador has been a controversial one since the sportswear company launched its Colin ad campaign in 2018. Nike needs to change the way it approaches its consumer base in America while simultaneously addressing the supply chain issues that have arisen as a