01 May CREATE A MEMO TO COMMUNICATE YOUR PROPOSED CHANGES TO STAFF.
Describe the opportunities for change you propose for each challenge or problem you have identified in Question 1.
– A tough decision to make for BB Hi-fi to overcome financial challenge. Maybe they can think of debt financing like loans, or update all their budget based on the costs as this will help to identify how much they actually need.
– BB Hi-Fi knows that they are not alone, they have a lot of competitors in the market and it always keep on increasing. Though this is very challenging in their organizations, managers must know the appropriate strategy to remain competitive and won?t left behind. Nonetheless, they must also understand the competitive strategies, their weaknesses and strength to develop a competitive product.
– To improve and stop their staff satisfaction falling, give them an incentive, reward their effort by increase their salary and address what they want by giving them a career progression opportunity if necessary.
4. List the stakeholders you will consult with to develop your changes. Include how each stakeholder will be affected.
Sample Answer just expand
Changed Proposed Stakeholders How will they be affected
Implement Online training Training Dept.
New Employees
Existing employees
IT Department Create new training programs
Learn to use new system
Complete training when employed
Create online system
5. Prioritise the changes you have identified, using costs benefit analysis.
Key Answer: (answer at least 70 words)
Based on Questions 1 what prioritized first and why. How much the costs and what the benefits
6. Develop a Change Management Project Plan for 2 of your identified changes. Create your plan using the following headings;
a) Resource requirements
b) Risk management (including barriers to change and mitigation strategies)
c) Timelines to implement
d) Communication plan (including reporting protocols and feedback)
e) Training plan (to promote the benefits of the change and minimise loss)
f) Review methods
g) Action Plan
7. Create a memo to communicate your proposed changes to staff.
8. Assuming one of your changes is not successful, because of staff resistance, how will you modify your plan to achieve the objectives of your change?
(Answers at least 70 words)
BB Hi-Fi
BB Hi-Fi is a major retailer in the electronics and home appliance industry; the business consists of several different retail departments as well as support functions such as customer service, WHS and Human Resources. Each department operates separately from the others and is responsible for hiring their own staff. Staff are employed on a contract basis and work a variety of shifts.
The company has 25 retail stores located throughout Australia as well as a growing online store.
BB Hi-Fi faces strong competition from similar organisations both online and in traditional stores.
The strategic goals of the company have been agreed as;
? Increase sales by 3% over the next 24 months
? Reduce costs by 5% over the next 24 months
? Reduce staff-turnover from 18% to 10% over the next 24 months
? Develop BB Hi-Fi as an employer of choice over the next 36 months
A recent staff survey showed that staff satisfaction is falling and the company is eager to reverse this trend and the board are confident that the Management Team will be able to achieve this with the support the HR Manager, Michael Chan.
Michael has been thinking long and hard about the organisation goals and how he can support the department managers to work more closely to achieve these. He begins by analysing the recent organisation reports and highlights the following points.
? Many employees would like to increase the number of hours they work.
? Employees are looking for career pathways or more varied tasks in their roles.
? Recruitment costs are increasing because of increased staff turn-over
? Face to face training costs are increasing as new products are added in this ever-changing industry
? New retailers are entering the market and offering higher rates of pay to sales people to attract trained staff away from existing organisations
On a positive note, BB Hi-Fi is well regarded in the community and has a loyal and growing customer base. The growth in online sales also offers new opportunities.
Michael has some ideas about reducing costs, especially if he can reduce staff turnover, but he recognises that there are many other ways to address the organisational challenges. He has contracted you to assist him to identify and imple
Our website has a team of professional writers who can help you write any of your homework. They will write your papers from scratch. We also have a team of editors just to make sure all papers are of HIGH QUALITY & PLAGIARISM FREE. To make an Order you only need to click Ask A Question and we will direct you to our Order Page at WriteDemy. Then fill Our Order Form with all your assignment instructions. Select your deadline and pay for your paper. You will get it few hours before your set deadline.
Fill in all the assignment paper details that are required in the order form with the standard information being the page count, deadline, academic level and type of paper. It is advisable to have this information at hand so that you can quickly fill in the necessary information needed in the form for the essay writer to be immediately assigned to your writing project. Make payment for the custom essay order to enable us to assign a suitable writer to your order. Payments are made through Paypal on a secured billing page. Finally, sit back and relax.
About Writedemy
We are a professional paper writing website. If you have searched a question and bumped into our website just know you are in the right place to get help in your coursework. We offer HIGH QUALITY & PLAGIARISM FREE Papers.
How It Works
To make an Order you only need to click on “Order Now” and we will direct you to our Order Page. Fill Our Order Form with all your assignment instructions. Select your deadline and pay for your paper. You will get it few hours before your set deadline.
Are there Discounts?
All new clients are eligible for 20% off in their first Order. Our payment method is safe and secure.