Reference no: EM133184246
The Task Is analyze the following question:
Using Lewin's three-stage model, explain how WW could manage the changeover to the new accounting package.
BACKGROUND INFORMATION
WW is a company specialising in industrial paint manufacturing. It has recently experienced significant growth in turnover and has opened two new factories to help it cope with the additional demand.
The managers of WW have become concerned that their current accounting software is no longer adequate for their needs. The current system is a basic one, which is mainly designed to record transactions and produce financial statements at the end of each period. Given the growth in the business, the managers of WW now need additional information, such as the production of monthly management reports and the ability to accurately cost each unit of their products.
The current accounting system does not support these functions, meaning the accounting department is required to produce the information manually, which is both complex and time-consuming. WW's managers are concerned that this delay in obtaining management information may be putting the firm at a disadvantage in the marketplace.
The managers are therefore currently considering the purchase of a new, more complex, accounting package that will easily allow the production of the management accounting information that they need.
WW has a small accounting department with six members of staff. All of these staff members have been employees of the company for many years. The current accounting package has been in use within WW for the last seven years.