Change Management: Strategies for Implementing New Technology

Change management
1

Table of Contents
INTRODUCTION...........................................................................................................................3
SWOT..........................................................................................................................................5
PEST analysis..............................................................................................................................6
Risk assessment...........................................................................................................................8
Cost benefit analysis....................................................................................................................9
CONCLUSION..............................................................................................................................10
REFERENCES..............................................................................................................................11
2

INTRODUCTION
Now a days it is important for business to analyse competitive analysis. It enables in
sustaining for long term. Also, different strategies are developed to bring change within
organisation. change management refers to process to apply various models and techniques
within business (Hayes, 2018 ). It enables in maintaining standards and improving efficiency in
processes. Moreover, through it deficiencies are removed and impact is minimised. The change
selected is to implement new technology.
This report will describe about Aldi mission and vision, competitor strength and weakness,
etc. also, SWOT analysis will be carried out and strategies needed for future is explained as well.
Furthermore, PEST analysis will be discussed.
Vision – the vision is to enable shoppers to live richer lives for less.
Mission – to continually set standards for food retailing and to further expand the market
position
Values – the core value comprises of simplicity, responsibility and reliability. They want to
develop a culture that care on growth and reputation.
Steps to implement change and how to monitor it
Here, first of all areas are identified that require new tools and techniques. Then, a
document is prepared which include what systems, resources, etc. are required. So, accordingly
plan is formulated. In second step schedule is prepared and activities are defined. It gives an
insight about overall change (Doppelt, 2017). Now, for monitoring certain standards are
followed and results are compared with set goals. After each step feedback is taken from project
team.
Minutes of meetings
Date- 23/12/2019
Attendees
Project team and management
Agenda
to give brief overview of change and distribution of roles. Also, when particular task is to be
performed.
3

Date- 25/12/2019
Attendees
Project team
Agenda
here, resources are allocated and time frame is decided
Date- 27/12/2019
Attendees
Project team
Agenda
in this plan is developed and decision are taken
Evidence of program
There were several issues that arise in it. the first one financial one. For this manager
stated that created a back up plan of finance. Only limited funds were allocated to project team.
the second issue was communication. So, for this, manager formed a systematic way and format
of communication. The reports were developed and feedback was taken by manager from project
team. it enabled in rectifying those issues.
Strength and weakness of competitors
Tesco
Strength
 TESCO has diversified globally as it has more than 6800 stores in 14 countries.
 It has efficient supply chain network that helps in reducing incurring costs, and having
effective waste management policies. (Cook, 2015)
Weakness
 TESCO apply low cost strategy which may cause low profit margins, although it has
price leader in UK market.
 The company's share price decreases by 9%, it is happened due to decline in its profits.
Marks and Spencer
Strength
 It offers variety of high quality products along with latest industry trends
4