As we move to conclude the class, there are several central lessons that should be learned from the course which provides organizations and their managers with the necessary knowledge to make informed decisions and to articulate those decisions effectively. With that as a background, assume you are a senior executive at a large, 1000 employee firm. Your organization’s sales have fallen 30 percent over the past five years, and you have been tasked with leading a major change initiative at your organization. This initiative will result in the organization’s merger with an industry competitor, reduce salaries 10 percent, and eliminate almost 15 percent of the workforce.
In your role as a senior executive, you have been tasked in analyzing the organization and providing the following to the Chief Executive Officer that addresses the following:
Discuss the two most effective tools/strategies you would utilize to determine your organization’s readiness for change.
Present the steps the organization should follow to guide the organization through the change process.
Assess how best to present the change process in a manner that does not demoralize or disincentive the remaining employees to continue working at the organization in a productive manner.
Given the organization’s strained financial situation, separated employees will not receive a severance package. Recommend to the CEO at least 2, non-financial strategies that the organization should provide its now-former employees as they transition towards other jobs.
Finally, assess how such a traumatic and destructive event – too many – can be molded and framed as a great opportunity for the organization and its employees in the near future.
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