Small Business Report: Nisa Retail Ltd. and Change Management

This report provides an overview of Nisa Retail Ltd., a private limited company operating as an independent retailer and wholesaler in the United Kingdom. It includes a profile of the company and a comparative analysis with competitors, highlighting the potential effects of proposed changes such as new opportunities, innovation, increased efficiency, and improved attitudes. The report also discusses the importance of managing change effectively, referencing Kotter's 8-step change model and Lewin's change management model as frameworks for managing employee resistance and improving productivity. Furthermore, the report emphasizes the need to measure performance after implementing changes through methods like regular meetings, 360-degree feedback, and performance reports to evaluate the results and ensure improvements.

SMALL BUSINESS ENTERPRISE

INTRODUCTION
 'Nisa Retail Ltd.' is a private limited company
which has been considered in the given report.
 This company is independent retailers of small
grocery and wholesalers in United Kingdom.
 The report throws light on the profile of this
company and comparative analysis with the
competitor.

After Effects Of Proposed Changes
 New opportunities
 Encouraging innovation
 Increased efficiency
 Improved attitudes

Management of change
Any change which takes place in an organization
requires to manage and handle it properly. There
are two models can be adopted for managing
employee to the productive and manage the
resistance.
 Kotter's 8-step change model
 Lewin's change management model

Kotter's 8-step change model
 After any changes have made company need to
recollect the morale of the employees for better
productive.
 The resistance from the employee’s side is also
very challenge-able for the managers.
 For handling all these issues company can adopt
this model.

Lewin's change management model:
 This model helps to understand the
organizational change in a better way.
 .The model has given by Kurt Lewin, in three
stages which are Unfreeze-Change-Refreeze.
 This is also known as Three stage model. Most
of the organization has adopted this model for
the occurrence of changes.
 This model gives the best results to the
company.

Measure the performance after change
Evaluation of results after the change is very essential for the
enterprise.
On the basis of this it can judge the performance level of the
employees.
The improvement should be there after the change.
The measurement of the performance can be done in the
following ways:
 Regular meeting
 360 degree feedback
 Performance reports

REFERENCES
Storey, D. J., 2016. Understanding the small business
sector. Routledge.
Thomä, J. and Bizer, K., 2013. To protect or not to
protect? Modes of approachability in the small
enterprise sector. Research Policy. 42(1). pp.35-49.