Reference no: EM132854263
Scenario
You are the Senior VP of HR for a major information technology company. A new CEO has been hired, who is concerned that the organization appears to be a battleground - major business units operate as silos, compete with each other for resources, and are not innovating as needed. The overall work environment is toxic, with low employee engagement and morale as a result. The company, once known as a market leader, is falling behind its competitors.
Therefore, the CEO has decided to conduct a major restructuring of the company to eliminate the internal turf wars and competition. He has begun by announcing a new mission and values statements for the organization that gives employees a new sense of purpose in why they are working for the company. This new philosophy is designed to get employees focused on collaborative, innovative work. Now the CEO wants to reinforce this message by restructuring the business units into flatter, collaborative focal areas. As part of the strategy team, you have been tasked with drawing up the plan for launching and managing the restructuring.
Instructions
Prepare a change management plan that:
Question 1: Identifies the sponsors of the change initiative and the members of the change management team, who will monitor organizational agility and reactions to change.
Question 2: Provides the structured methodology you will use (Kotter 8-step model or AKDAR model) to plan the change initiative, including details for each step.
Question 3: Describes how this change management plan will overcome barriers and reduce risks to the organization.
Question 4: Details the communication and feedback plans that will be used during the change initiative.
Question 5: Discusses the approach to be used to engage managers and supervisors in championing the change initiative, who will assess employees' readiness for change.
Question 6: Explains how change adoption will be measured to ensure the meeting of business objectives.
Question 7: Provides attribution for credible sources used in the change management plan.
Compute the NPV of this opportunity
: Nielson Motors is considering opportunity that requires an investment of $1,000,000 today. If appropriate interest rate is 10%, then NPV of this opportunity is
|
Distribution of annual incomes of us adults
: No, this does not make sense to me. I feel like the annual incomes of U.S. adults is not normal as it differs from state to state.
|
Creates a force field visual diagram with appropriate labels
: Describes that action steps selected for implementation along with the rationale for the each action step. Performs all seven steps of the force field analysis.
|
Achieve a leadership position in the face of competition
: How can an entrepreneur like Tony with a clear vision and mission achieve a leadership position in the face of competition from Multi-National Companies?
|
How the change management plan will overcome barriers
: Provides the structured methodology you will use (Kotter 8-step model or AKDAR model) to plan the change initiative, including details for each step.
|
Good measure of central tendency for a skewed distribution
: Directions: Explain why the mean is often not a good measure of central tendency for a skewed distribution.
|
Describe an example of when you used a decision tree
: Describe an example of when you used a decision tree and what the outcome was. If you have never used a decision tree, think about two alternatives
|
Evaluate the risks associated with change
: Analyze the principles, types, and stages of change. Evaluate the risks associated with change. Evaluate organizational reactions to environmental changes.
|
How much is net gain or loss reported on income statement
: Assuming, the entity irrevocably designated it at FVOCI, how much is the net gain/loss reported on the income statement on December 31, 2021
|