Reference no: EM133174656

One very important skill for every leader to master is the ability to lead change. In this management scenario, you own and operate a large company with 150 employees.  Recent changes in national laws and regulations regarding health care for employees have brought about cost concerns in many organizations.  According to your CFO, in order to afford to pay the new mandated health care costs, you will have to lay off 25% of your current employees or reduce the work hours to fewer than 35 of most every employee. In an effort to maintain the jobs of all of your employees, your business' Advisory Board has advised you to cut back the weekly work hours from 40 to under 35 for all but your key employees.  After reviewing all related course and resource materials, and conducting your own research, complete the following discussion question:

Instructions:

A brief 3-4 step plan, with step-by-step instructions, describing effective strategies to lead this change within your organization. 

(1) A 3-4 step plan

(2) List step-by-step instructions

(3) Explain your strategies to effectively lead change in each step