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Your employer has been going through many challenges this past eighteen months d

ID: 415631 • Letter: Y

Question

Your employer has been going through many challenges this past eighteen months due to the recent financial crises. There has been major challenges throughout the company including, high turnover, software applications being used are outdated, stress is increasing for those employees who have been staying around, and morale is at the lowest point ever for the company . The remaining executives are planning to do a re-organization of the jobs and responsibilities throughout the company. However, each time the executives want to implement the change; another batch of employees resigns. You have been asked by your supervisor to prepare an analysis of what the executive leaders must do. Present your findings as a 4-5 page report in a Word document formatted in APA style. At a minimum, your paper must: Apply the best organizational development process skills the executives should use Apply the change strategies within the short-term and long-term Evaluate and present the impacts of the resources Present your findings as a 4-5 page Word document formatted in APA style.

Explanation / Answer

The period when a company is facing harsh business conditions such as high turnovers, low morale, low cash and low market share the executive leaders need to come up with proper measure that will ensure the company is able to survive and also be able to retain its employees. To treat an ailment it is important to diagnose it first. The executive leaders have to know what the situation is and what the problem is. When the circumstances are known then appropriate actions can be taken.

The executive leaders must focus on some key areas such as strategy. They need to ask does the business have a direction. Does the business know why it exists? And is the business focus on the right things? Is the business able to recover from the problems it is facing and if so how?. It is good to identify the type of restricting is appropriate when dealing with specific problems and challenges a company faces.

A successful reorganization of a company must involve the top management including the board and the executive manager. It is good to first investigate the change by being visionary, persuasive and consistent. Change is best carried out when it is a team wide effort. Communication about the change should be frequent to all the organizational members. So as to sustain change in the company, the structures in the company should be improved, including strategic plan, policies and procedures. This will involve freezing and unfreezing process.

The best way of dealing with resistance from employees is through increased communications and education. The manager should meet with all the employees to explain the reason for change. A plan should be put in place and communicated. Forums should be held so as employees could air their ideas and air their concerns and frustrations it is good to ensure the employees that the company will be better but their cooperation and patience is needed for this to happen.

After implementing change and a batch of employees resign from the company it is important to be able to find someone in your existing employees to step in his shoes. An employee departure is going to affect your other employees in some way, whether it means the complete change in someone else role or simply the moral hit to the employees. Transparency with the remaining number of employees is important during this transition. It is important to help the employee leave in a good not. It is important not to take out your frustrations out on the employees.

It is important to gather feedback from the employee. It is good to consider what they have to say about your proposal of restructuring the company. You must genuinely consider the feedback you receive and whether the company would benefit. It is also important to hold a meeting with the affected employees so as to discuss the next step you are willing to take to deal with the challenges facing the company.

With change, employees need to know the long term and short term goals of the organization. The change need to support these goals. These involve shared values and a clear vision. Employees need to make decision with minimal formal monitoring and control mechanism. With this accomplished there will be more time and a greater capacity to focus on other issues, such as adapting the vision to a changing business environment.

The empirical rational strategy can be used. People are rational being and follow their self-interest most of the time. A successful change is based on communication of information and the offering of incentives. People are reasonable and can be reasoned with. They can be persuaded. Real transformation takes time and people adopt and change along the way. If you don’t have short term goals people lose momentum along the way and miss the opportunity to actually identify the challenges. It is good to be cautious when it comes to short term goals since one can start celebrating too early.

The reason for planning for a short term goal is to prove that it is worth it. The short term goals help people to see that the sacrifices and the success is possible. They create credibility needed for change. Most importantly short term goals will build necessary momentum and convert employees who were not supporters of the change into supporters. It is important to grow the initiative of the change and not only rely on the people who came up with the idea of change.

Short term goals are mostly aimed at achieving cost reductions, process improvement and moral. As part of the overall change strategy, it will be important to include various short term goals so as to test different paths and also so as to involve different stake holders in the effort of reviving the company. This way people retain interest and the feedback loop is short enough to make the needed corrections.

A long term objective is an objective that exceeds one year or more. It is mostly used to develop a new product, growing annual revenue, and developing an inclusive marketing and public relations strategy. Long term goals must be realistic and time bound. During change the long term goal should be communicated to the employees. This will help them to have something to look forward to achieving.

A business long term and short term goals during the process of change can be put together into a inclusive strategic management plan for the company. The concept management of a company state that goals should conform to the organizations mission and vision and the goals should reflect the direction the business owner and the the manger wish to see the company follow. The short and long term goals should be effectively is communicated to employees so as to motivate them during the process of change.

Most of the resources are channeled towards innovation. The outdated software must be upgraded so as to give out better results. To boost innovation and better performance and to produce quality products financial support is given to various departments in the company so as the products produced are in the same level with those of competing companies. Due to the resigning of various employees the money spent on paying those decreases. The number of laborers also decreases. This in a way cut the cost used by the organization to pay its employees.

The company loses highly skilled workers and resigning these duties to the remaining employees often involves added training charges. Workers remaining after a downsizing are left feeling insecure about their jobs, which end up in reducing workers morale and poor customer services. This means productivity will suffer.

If a business restructures investors are likely to doubt the future of the company. The company may lose investors if it is not able to reassure the investors of a good future. This will reduce the financial resources of the company.

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