This report presents a change management proposal for Fletcher Building Ltd., a major building material company facing declining profits and operational issues. The proposal begins with an executive summary, outlining the need for change due to obsolete machinery, rising maintenance costs, and employee turnover. The business outline provides background information, mission, vision, and values. The report then identifies key problems, including outdated equipment and high employee turnover in critical departments. The case for change emphasizes the company's financial decline, increased competition, and the need for sustainable practices. Risk assessments highlight the benefits of change, such as positive growth and reduced costs, and the risks of inaction. Cost/benefit analysis demonstrates the financial advantages of replacing machinery. Environmental scans, including SWOT and PESTEL analyses, provide a comprehensive view of the company's strengths, weaknesses, opportunities, and threats, as well as external factors influencing its operations. The report concludes with a discussion of business sustainability principles, emphasizing the importance of environmental, ethical, and socially responsible practices. The overall goal is to provide a strategic plan for Fletcher Building Ltd. to improve its market position, enhance profitability, and ensure long-term sustainability.
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