MG630 Change Management: Navigating Brexit & Covid-19 - Sainsbury's

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Added on  2023/06/18

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This presentation analyzes the changes in business patterns necessitated by fluctuating economic conditions, particularly focusing on the impact of Brexit and Covid-19 on UK-based businesses like Sainsbury's. It highlights challenges such as supply chain disruptions, customs tariffs, and regulatory changes. The presentation evaluates the implications of these factors on Sainsbury's performance and profitability, discussing strategies for shifting business operations from the EU post-Brexit. It also emphasizes the importance of understanding the differences between member states' regulations. The conclusion summarizes the need for adaptive business strategies and offers potential approaches for mitigating the challenges associated with shifting business operations in a dynamic economic and political landscape. The presentation references academic sources to support its analysis.
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Changes in business
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Table Of Content
INTRODUCTION
Organisation changed their current economic climatic changes
Covid Impact on Sainsbury
Strategies to better suggest the company how they can implement approach for
shifting their business from EU
CONCLUSION
REFERENCES
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Introduction
The changes is the act of shifting the company
from where it is now to where it want to be. This can be
relatively small, such as improvising where the company
billing the procedures to transformative such as
reformulating entire the product and services offerings in
the light to unexpected competition.
Different types development changes occurs when to
provide positive impact on employees satisfaction to
gained more positive outcomes
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Organisation changed their current economic
climatic changes
The economy of climate in business which better
involves about activities within the country within the
manufacturing, distribution are of the use of goods
and services. Through this economic climatic has
creates big impact on business. the level of spending
affect prices through better investment decision
making and number of workers through business
employ.
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Continue…
Supply Chain: The Brexit brings a real risk of increased
cost and deploy to supply chain our essential international
supply of good checklist also practical guidance on better
effective supply chain. Similarly for the Sainsbury
company would also face issues on increasing supplier
prices at the time of manufacturing goods. As the
Sainsbury supplier are vulnerable as well as they are
depended on others. This can make issues for Sainsbury
when they will leaving from EU.
Customs Tariffs: This is a crucial part where importers
and exporters to better understand where the potential
customs would get implication for business. EU.
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Regulation: The impact of Brexit on effective regulation
in potentially enormous. As some of the areas where the
UK follows the EU regulation on which companies
regulates is positive outcomes. In perspective of
Sainsbury company where the EU related regulation to
effective focus as it would generate impact on business.
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Covid Impact on Sainsbury
Due to Covid-19, many of the companies face various challenges
that impact directly on its performance and profitability level. It is
determined that many of the organisation shut down its businesses as
they are not capable enough to handle the expenses which arise a
huge to the company. Most of the retailers have been under pressure
that they never before and facing the challenges of keeping stock in
shelves and to deal with panic buying with the rules of social
distancing. In addition to this, it is analysed that all this issues impact
negatively on the overall industry and its growth as well. In relation
to Sainsbury’s, the company has face high loss due to which its
overall market share and revenue level is declined.
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Evaluation:
As above all the implication are main aspect when
there would be more EU and brexit implication to interact
the retail business. Some of regulation and economic
climatic condition can generate more business unproductive
to generate the business un stability where they can reach
the business outcomes effectively. Inflation and recession
are major impact on the business to creates enhance major
impact toward the business to better generate implication.
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Strategies to better suggest the company how
they can implement approach for shifting their
business from EU.
It is difficult to make the changes the to suggest about the some terms and condition for
company while shifting from EU after Brexit implication creates challenges toward the
specific business. in perspective of Sainsbury there are the more implication has been
drawn that better designed process to make the business implication can generates more
implication. There are some of the strategies which can help to Sainsbury to shift from EU
business.
Difference in member states: As the Europe is not standardised block as it has collection
of unique countries where each have its own set of rules and regulation that needed to
better follows.
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Conclusion
From above presentation summarised about the changing of business
pattern is needed due to economic climatic condition fluctuates. Further also consider
about the Brexit and EU impact on UK based business that makes the decrease the
growth of productivity. At last there are some strategic approaches where it can
generates the better implication arise to mitigate while shifting. Some of the points
has been described on the perspective of UK decision as well as political and
economical factors
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References
Feldmann, M. and Morgan, G., 2021. Brexit and British Business Elites: Business Power and
Noisy Politics. Politics & Society, 49(1), pp.107-131.
Brooman, S. and Legge, D., 2020. Covid19, Brexit and much more in 2020: A Bad Year for
Animal Welfare?. Liverpool Law Review, 41(2), pp.99-105.
Escaith, H., Khorana, S. and Kerr, W., 2020. The Hidden Cost of Supply Chain Disruptions: Case
Study of the UK’s Automotive Sector. SocioEconomic Challenges, 4(3), pp.5-19.
Hadfield, A. and Turner, C., 2021. Risky business? Analysing the challenges and opportunities of
Brexit on English local government. Local Government Studies, pp.1-22.
Xu, Z., Yao, L. and Long, Y., 2020. Climatic Impact Toward Regional Water Allocation and
Transfer Strategies from Economic, Social and Environmental Perspectives. Land, 9(11), p.429.
Garača, V., Vukosav, S., Stamenković, I., Košić, K. and Bradić, M., 2020. The Impact of New
Global Economic Crisis on the Social Function of Spas and Climatic Resorts in Serbia.
Economic Themes, 58(2), pp.255-273.
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Thank-You
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