Organisational Change Management Project: BizOps Enterprise Strategy

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Added on  2023/06/04

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AI Summary
This project focuses on developing a change management strategy for BizOps Enterprise, addressing issues such as financial instability, high turnover, and declining productivity. It includes an analysis of strategic change needs, a review of existing policies, and an assessment of the external environment using PESTLE analysis. The project also incorporates a SWOT analysis to identify strengths, weaknesses, opportunities, and threats. Priority changes are identified, focusing on organizational culture, manufacturing, and marketing strategies. The cost-benefit and risk analyses are performed, followed by change readiness assessment using quantitative and qualitative methods. A change vision statement and strategy are developed, culminating in a detailed change project plan with actionable steps. The solution emphasizes effective communication, cost reduction, market share recovery, and employee training, aiming to improve BizOps' overall performance and competitiveness. Desklib provides a platform to access this and many other solved assignments.
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Change
Management
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Introduction
Process of bringing a transformation the
organizational goals and technologies
Helpful in implementing new
technologies
Helps to reduce financial expenses
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Overview
BizOps deals in producing a range of
exclusive products
Have more than 150 retail stress all over
the country and employs more than
1300 staff members [1]
Witnessing multiple issues in the
organizational front
Effective change management system is
required
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Organizational Objective
To bring improvement to the functioning of the
organization that is being affected due to the turnover of
senior managers.
Appointing efficient and experienced replacements of
those managers.
To aim at increasing productivity in order to ward away
the competitors [2].
Training the employees in order to bring effective
change and implement new machineries.
Increasing scopes of organizational communication.
Improving the manufacturing process.
Focus on the financial improvement of BizOps
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Change Requirement
An analysis of macro elements as well
as internal influences is to be done in
this regard [3].
PEST
Political
New governmental
laws and taxation
policies play
significant roles
Economical
Increasing
unemployment
drop in Australian
dollar
Social
present social turmoil
consumers opting for
online marketing.
Technological
needs to focus on
technological
advancement
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Change Requirement
SWOT
Strength
vast number of outlets
throughout the country
[4]
Weakness
insignificant online
marketing
poor organizational
culture
Lack of training
programs
Opportunities
Implementing new
technologies
Recruiting efficient
managers
Threats
Decreasing staff
productivity
Competitors are
becoming significant
threats
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Priority Changes
BizOps needs to focus on developing an effective
and harmonious organizational culture with
utmost priority.
Changes should be brought in manufacturing as
well as in the marketing strategies of BizOps.
New technologies should be implemented and
proper employee training programs should be
adopted.
Strategies are to be taken up in order to support
the financial condition of the organization.
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Cost Benefit Analysis
The organization needs to invest on the
training of the employees
Focus on building efficient management
Focus on the process of risk mitigation
to reduce the threats from the present
competitors [5]
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Risk Analysis
Unrest amongst employees
Increased production expenses
Lack of communication
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Change Readiness
Quantitative and qualitative methods should be
used to access readiness
Surveys will be helpful in addressing any
misalignment between the leaders and
employees
Outdated machineries, declining team morale
and need of heightening profitability are some of
the driving forces
Organizational structure and lack of
communication are some of the forces that are
resisting the change
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Change Vision
Statement
Marching towards better future
The vision statement will encompass
brighter future for the organization as
well as the employees
Encourage the staffs to adopt the
change effectively
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Change Strategy
Educating the employees
Building up free communication
Taking up inclusive approach
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