"TRANSITION AND COMMUNICATIONPLANTRANSITION PLANWhenever the big companies changes their rules or basic strategy each person is affected uponincluding state and government.1. Reaction of employees- they can be first to agitate against any change so provide them jobsecurity 2. Legality- abide by all the national and international laws like no labor work 3. Market competition- we have to keep in mind not only to prevent future legal hurdles byother competitors but also to prevent any economic loss to the company. (case between jio andother telecommunication companies is already well known)keep all the information about marketbeforehand if it is under boom or repression otherwise even best quality products can go intodustbin. Disturbance to market will to disturbance in state economy and market.4. Environmental problems- the world is more dangerous to live in today as ever. It is allbecause of human induced climate change. Try to reduce the generation of waste as much aspossible and dispose it according to the new technologies available. This is not only a legal butalso a moral obligation. 5. Budget– it is very much necessary for long time vision especially when you raise capitalfrom banks or through other means. Otherwise shareholders` interest may evade faster whichmay lead to sudden fall in share prices. Do not become an NPA. COMMUNICATION PLAN? To give effect to a transition plan you must need good communication plan so thateverything does not end up in mess. What the person needs to do?? Making sudden changes in top leadership only after full consultation andsatisfaction. Otherwise company`s valuable time can be lost in fighting legal cases(as happening in Tata sons). So make sure the plan takes account of each andevery member`s grievances. communicate or have top leadership`s meeting tofuture hurdle. ? Communicate with employees and employees` unions specially labor unions asthis is the world of human rights. It will not cause much hardship to employees.Give specific details about the plan in newspaper.? If any change in share percentage is being done make sure it does not lead tostock market turbulence. For it make sure media is not given more than its duefavor. But use all the modern communication channels including social mediasites that will help in building of consensus.? Prevent any kind of leakage of secret information that may be competitive loss.? Company can hire the consulting agencies to build suitable consensus overtime. Itwill help in increasing the product`s reliability in consumer` eyes? If the product is based on new technology, the people need to make sure that itsnot harmful but for the good of society. Socie3talconsiderations value much incountries like India. (Example PayTM). The company may also take help ofgovernment.? Communicate and satisfy all the international organizations associated like ILO,WTO, UN, EPA etc. "