Organizational Change in Lakeland Wonders: A Critical Evaluation
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The report analyzes the nature of organizational change in Lakeland Wonders, identifies the need for change, different kinds of changes pursued by Cheryl Hailstrom, and critical evaluation of the overall case. Possible recommendations for the success of the organization are presented.
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Running head: LAKELAND WONDERS CASE1 Lakeland Wonders Case Name of the Student Name of the Instructor Course Code Date
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LAKELAND WONDERS CASE2 Executive Summary The overall report concentrates on analyzing the actual nature of the organizational change in Lakeland Wonders. Primarily, the research concentrates on identifying the need of change within the organization. Then the discussion continues with different kinds of changes pursued by Cheryl Hailstrom. The report then focuses on the organizational change that is performed by Cheryl Hailstrom. The report discusses about theLakeland Wonders’ Code of Change and critical evaluation of the overall case. Possible recommendation has been presented for the success of the organization. Finally, the report ends with a conclusion.
LAKELAND WONDERS CASE3 Table of Contents 1.0 Introduction................................................................................................................................4 2.0 Need of Change within Lakeland Wonders and Identification of gaps with the change...........4 3.0 Different kinds of changes pursued by Cheryl Hailstrom.........................................................4 4.0 Performing organizational change by Cheryl Hailstrom...........................................................5 5.0 Lakeland Wonders’ Code of Change.........................................................................................5 6.0 Critical evaluation of the overall case.......................................................................................6 7.0 Possible recommendation for the success of the organization..................................................6 8.0 Conclusion.................................................................................................................................7 9.0 References..................................................................................................................................8
LAKELAND WONDERS CASE4 1.0 Introduction Lakeland Wonders is experiencing a critical transformation in core operation with the newly assigned CEO Cheryl in actualizing changes in the systems which are not being invited or upheld by the remaining supervisory group. In this report, the investigation is performed to identify the reasons why Cheryl thrusts for an adjustment in the organization, and in what way should the situation be improved to achieve a successful result. Remaining report pursues with the triggers of improvement recorded first, trailed by the response from the CEO against the changes; lastly, an assessment is given on what could be more proper strides to guarantee effective change execution. All focuses are to be upheld with precedents and pertinent writing is recognized and clarified along the report. 2.0 Need of Change within Lakeland Wonders and Identification of gaps with the change The requirement for change could be founded on either inward reason inside the firm or outside changes in the market. As far as inward moves, the board of directors has set powerful advancement which concentrates the administration to accomplish and implying to this Cheryl knew that it could not be accomplished by giving things a chance as per the current situation that existed (Means, 2017). From an outer market points of view, like Elaine from advertising referenced that the balance or middle priced section of the market was the main fragment which was anticipated for twofold digit developments and the clients for these items were shopping at enormous amounts (Nagle& Müller, 2017). Since the inward and outside investigation for Lakeland Wonders has affirmed that there is a requirement for change and as Cheryl immovably trusts that change is required from the current practices to counter these improvements (Charles Jr, Schmidheiny & Watts, 2017).
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LAKELAND WONDERS CASE5 3.0 Different kinds of changes pursued by Cheryl Hailstrom Cheryl is seeking after a reconstructive type of progress, which does not by any means changethefundamentalactivitiesofLakelandWondersyetpresentsmoreuptodate introductions which require new techniques and other than that several modifications to her essential operations (Mascarenhas, 2014). Cheryl intended to enter another market portion of center estimated toys, re-appropriate the creation for this section to seaward nations, change from Lakeland Wonders existing creator to grant winning Sampsen Design, some solidification with her core part suppliers, and most important of all, she needs this done promptly. 4.0 Performing organizational change by Cheryl Hailstrom Cheryl has proceeded with at the same time change program instead of a little well orderedsteadymethodology.Therecommendedchangewastobeimplementedwitha turnaround system which underscores the speed of progress and quick cost decrease and additionally income age with the seven key steps (Santana, Valle & Galan, 2017): Emergency adjustment The executive changes Picking up partner bolster Clearing up the objective market(s) Re-centering Monetary rebuilding Prioritization of basic enhancement regions. 5.0 Lakeland Wonders’ Code of Change According to the research it has been identified that Cheryl is practicing Theory E for Lakeland Wonders and which resulted in hampering the long-standing culture of the organization thereby bringing fear on the employees who were working from past generations. The employees also felt uneasy about the rapid changes that have been done by Cheryl as a CEO of Lakeland Wonders. Different researchers have elaborated the fact that the leader belonging to Theory E change considers the shareholder values to be the final and foremost law for boosting growths and achieving targets for the organization. A hypothesis E approach could turn out to be grievous
LAKELAND WONDERS CASE6 on the off chance that it begins testing entrenched societies of any associations (De Chesnay, 2015). What's more, more essentially, hypothesis E in a general sense overlooks one imperative partner: the workers. One of the clarifications with respect to why Cheryl faces solidness from her representatives is on the grounds that she hadn't taken them all in certainty about the proposed changes and it shows up she will in general direct terms dependent on what she feels are financially best for the organization. 6.0 Critical evaluation of the overall case Depending upon the previous analysis there is going to be a critical evaluation related to the present situation of Lakeland Wonders. Cheryl was correct in recommending that change is expected to adapt to the improvements in the market; in any case, she has embraced the wrong methodology.By receivingahypothesisE approachof augmentinginvestor esteemand embracing a somewhat dictatorial administration style, she has gone into the wrong agree with her key administration workforce. As a matter of first importance, all things considered, she is seen as an 'untouchable'; that is, another worker who just got in 6months back from another association is currently coming and endeavoring to manage terms to individuals who have worked for quite a long time in the association (Klaus, 2017). This may likewise be the situation that despite the fact that Cheryl is doing her activity pushing for changes, she may do it too rapidly for the preferring of others. 7.0 Possible recommendation for the success of the organization After the analysis, it can be seen that the situation became quite clear and now there is going to be a discussion about the recommendations with the help of which Cheryl will get the opportunity to gather support regarding the change plans. These recommendations are going to help Lakeland Wonders in moving on the path towards success. Applying the Lewin's power field examination, it is conceivable to distinguish what are the powers pushing the requirement for change and what are the powers opposing it. Lewin's power field examination is an incredible asset to say something the upsides and downsides of progress designs. It includes saying something every one of the powers in the help of a specific change plan and each one of those against it. Appraisals are then given to every one of the recorded powers with 1 = feeble to a size
LAKELAND WONDERS CASE7 of greatest 5 = solid. It has been discovered that the relationship of Cheryl, especially with Mark, is by all accounts very off the check and obviously she has issues with other individuals as well. The recommendation for Cheryl here is to change her administration style and be more responsivetocriticismfromherco-theexecutives’associates.Sheneedstoenhance correspondence and set up two-way criticism frameworks all together for the representatives to comprehend her method of reasoning for pushing changes and to make them all the more eager to help the change moves (Rausch, 2015). Cheryl needs to pursue the way toward getting required into more two-route correspondence with her workers to diminish the powers of their restriction and opposition. She needs to take criticism from others about missteps she is probably going to make in overseeing Lakeland Wonders and she likewise needs to share data about her thought processes and plans to other people so that there is more typical comprehend and amicability among all partners. 8.0 Conclusion After the analysis of the overall report, it can be concluded that the requirement for change could be founded on either inward reason inside the firm or outside changes in the market. In the research, it has been found that the inward and outside investigation for Lakeland Wonders has affirmed that there is a requirement for change and as Cheryl immovably trusts that changeisrequiredfromthecurrentpracticestocountertheseimprovements.The recommendation for Cheryl here is to change her administration style and be more responsive to criticism from her co-the executives’ associates.
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LAKELAND WONDERS CASE8 9.0 References Charles Jr, O. H., Schmidheiny, S., & Watts, P. (2017).Walking the talk: The business case for sustainable development. Routledge. De Chesnay, M. (Ed.). (2015).Caring for the Vulnerable. Jones & Bartlett Publishers. Klaus, B. D. (2017).A Light to the Nations: Explorationsin Ecumenism, Missions, and Pentecostalism. Wipf and Stock Publishers. Mascarenhas,G.A.(2014).UnderstandingOrganisationalDevelopmentandChange Management Plan in the public sector. A case study within a Brazilian semi-state organization. Means, G. (2017).The modern corporation and private property. Routledge. Nagle, T. T., & Müller, G. (2017).The strategy and tactics of pricing: A guide to growing more profitably. Routledge. Rausch, T. P. (2015). Toward a Common Vision of the Church: Will It Fly?.Journal of Ecumenical Studies,50(2), 265-285. Santana, M., Valle, R., & Galan, J. L. (2017). Turnaround strategies for companies in crisis: Watchoutthecausesofdeclinebeforefiringpeople.BRQBusinessResearch Quarterly,20(3), 206-211.