MGT 435 Week 3 Assignment Change Model Assignment,
MGT 435 Week 3 Assignment,
XYZ, Inc. Change model
XYZ Company is a high-end retail market that sells luxury watches, jewelleries, handbags and other related products. The company is looking for first international expansion by opening a store in Shanghai, China. The new store in Shanghai is a short-term goal and the next step will be relayed on this success. The long-term goal is to push them in to the BRIC (Brazil, Russia, India, and China) regions. The future goal and target of the company that is lining up requires more changes along the way and it is not easy task to accomplish. Hence, it is essential to have appropriate strategic plan at the earliest to prepare the organization and everyone (employees, manager) in order to accomplish the target.
It is significantly clear that H&Dgates is in need of a leader who is capable in succeeding the organization and to win over the competition prevailing in the market, as changes are required at all stages. In terms of researchers, leader ship is the capability of leader in strategizing despite the differences and changes that are approaching like management changes, cultural, organizational and is able to go through them (Speller, 2012). In this case, H&Dgates should adapt Cummings and Worley’s five dimensions in leading an managing the changes for adapting to changes which H&Dgates would be facing in order to achieve their goals (Weiss, 2012). For a change to take place they should come from organization and it comes with a lot of effort that requires to be reconsidered, which is similar to the three components that is mentioned by Cummings and Worley. Accordingly, this strategy demands for those organizational changes that strongly rely on the strong leadership (Speller, 2012).
Three Components of Organizational changes
There are many advantages for a company if they are ready to take up the challenge of facing the changes irrespective of the changes as long as the path to achieve the vision and mission of the company are clear. If in a company fails to face the changes and proceed with the challenges which change poses, then there are more chances where the company will fail this is evident with 70% of those companies who ignore the importance of changes to the organization and the people affected by them (Miller,1985). In this case, it is important to have guidance like three