Scribd
Upload
30 views

Managing The Change of The Management

The company is proposing a change in business strategy to address decreasing profits. The vision is to transition all magazines to a digital format only, close the printing site, downsize the office, and restructure staff with more contractors and fewer permanent employees. This aims to increase profits and competitiveness. However, it may negatively impact printing and distribution employees who will lose their jobs and existing workers unused to the new management style. The document provides ways to minimize these impacts such as communicating the reasons for change, creating new HR policies, and negotiating with affected employees.

Uploaded by

Kamrul Islam Sakib
Copyright
© © All Rights Reserved
We take content rights seriously. If you suspect this is your content, claim it here.
Available Formats
Download as PPTX, PDF, TXT or read online on Scribd
30 views

Managing The Change of The Management

The company is proposing a change in business strategy to address decreasing profits. The vision is to transition all magazines to a digital format only, close the printing site, downsize the office, and restructure staff with more contractors and fewer permanent employees. This aims to increase profits and competitiveness. However, it may negatively impact printing and distribution employees who will lose their jobs and existing workers unused to the new management style. The document provides ways to minimize these impacts such as communicating the reasons for change, creating new HR policies, and negotiating with affected employees.

Uploaded by

Kamrul Islam Sakib
Copyright
© © All Rights Reserved
We take content rights seriously. If you suspect this is your content, claim it here.
Available Formats
Download as PPTX, PDF, TXT or read online on Scribd
You are on page 1/ 7

Managing the change

of the Management
ADOPTING NEW BUSINESS STRATEGY
Discussion Contents

 The reason of the change


 The vision of the change
 The benefits pf the change
 Impacts of change
 Way to minimize the negative impact
The reason of the change

 Decreasing the profit of the Company

100%
90%
80%
70%
60%
50%
40%
30%
20%
10%
0%

Decrease rate pf profit


The vision of Change

 Increase return on capital employed to 8% within 2 years


 Enact a transformational change of the company that will convert all magazines to
a digital format only.
 Close the printing and distribution site.
 Achieve cost efficiencies through relocating the head office to a smaller office.
 Restructure head office staff through moving to a smaller core of permanent staff
and more contract staff.
Benefits of the change

 Company can compete with others in the market.


 Income will increase
 Employee will get more benefit
 Sustainability will achieve.
Impacts of Change

 Printing and distribution personnel will be Jobless


 Dissatisfactions arise among the existing workers as they need to adopt new
management style
 Very difficult to compete with fast movers
 Customer may not receive the company very warmly create positing error
 Create different types of risks
 Create communication barrier
Way to Minimize the negative impact

 Need to arrange meeting with the stake holders and to tell the reason of changing
 Need to talk with the human resource mangers so as to create new policy
considering present style
 Talk with the jobless personnel so as to create negotiate with the,
 Make a team
 Review the task frequently

You might also like