The report discusses the change management approaches undertaken by the CEO of Lakeland Wonders, Cheryl Hailstrom. It identifies the gaps and concludes with suggestions to overcome the issues. The major gaps that are observed within the given case study relates to the hiring of the experienced outsiders. The CEO has been planning to get onboard the experienced people who have been working with the other major companies that have been featuring within the given market. The concerned organization might face huge issues in this matter due to the fact that the employed workforce of the concern would not be accepting the changes proposed by the CEO. Subject: Management, Course Code: N/A, Course Name: N/A, College/University: N/A