Change Management 5: Key Changes and Reforms

Change Management 0
Title: Change Management
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Change Management 1
Executive Summary
Woolworth is a leading retail brand in Australia. The company has more than ten million
customers and has been advocating the concept of change management. This is how the
company is promoting sustainable growth in all its operations. This report summarizes key
changes and reforms that have been implemented by Woolworths Supermarkets. The changes
and strategies that have proposed for future implementation have been discussed in detail. Brief
discussions of those factors that are driving the need for change have been given.
The human resource development strategies that have been implemented by Woolworths
Supermarkets to overcome any resistance to change have been explained. Analysis of how
Woolworths Supermarkets has aligned its future strategies to manage change and innovation in a
global business environment has been given. The Australian Retail sector has been undergoing
through changes and personal insights have been given and this is followed by a conclusion

Change Management 2
Contents
Introduction......................................................................................................................................2
Analysis...........................................................................................................................................3
a) Outline Key Changes and Reforms that have been implemented by Woolworths
Supermarkets. Identify also those Changes and Strategies That Have Proposed for Future
Implementation............................................................................................................................3
b) Identify and Discuss those Factors that are Driving the Need for Change..............................5
c) Identify Human Resource Development Strategies that have been Implemented and/or
Proposed by Woolworths Supermarkets to Overcome any Resistance to Change......................6
d) Analyze how Woolworths Supermarkets has aligned its future strategies to manage change
and innovation in a global business environment?......................................................................8
e) Reflect on your own Personal Learnings and Insights as a Result of Analyzing the
Woolworths Supermarkets Case Study?......................................................................................9
Conclusion.....................................................................................................................................10
Recommendations..........................................................................................................................10
References......................................................................................................................................11

Change Management 3
Introduction
Woolworths Limited is an owner of retail stores that sell liquor, fuel, and food in New
Zealand and Australia. The company also has its own operations such as dining, bars,
accommodations, gaming and venue hire. The company has its headquarters in Australia. The
key changes and reforms that have been implemented through Woolworth’s supermarket and
strategies for future implementation have been discussed. The factors which are driving the need
for change along with human resource development strategies have been explained. How
Woolworth’s supermarkets have aligned the future strategies and innovation in the global
business market has been discussed. A reflection of personal learning and insights has been
given.
Analysis
a) Outline Key Changes and Reforms that have been implemented by Woolworths
Supermarkets. Identify also those Changes and Strategies That Have Proposed for
Future Implementation.
The key changes and reforms which have been implemented through Woolworths focus on
healthy and protecting competitive markets. This is done for the benefit of customers. Few
priorities are as follows-
1. Retail regulations and laws must be customer-centric and barriers to the competition must
be eradicated for encouraging economic productivity and growth. This needs to be done
for the benefits of customers (Lindberg, 2013).
2. The intervention from government authorities must be restrained and consumers can
benefit a lot from the competitive conduct.