Able Corporation: Legacy Strategy
Not what you're looking for?
The president that you as an employee are reporting to is a holdover from before the company was acquired. He has some vested interest in the previous strategy, such as it is. How would you handle the delicate situation of dealing with the president and his legacy strategy?
This in my opinion should be handled in a professional manner as the individual is your superior. However, the previous strategy which he has a vested interest is what assisted in leading the organization to its position within the marketplace and acquisition. So this would be somewhat of an area I would think of change management and professional leadership/communication skills connected with facts/figures from the new organizational strategy to assist in alerting him of the strategy from the new organization and how it will assist in the company's growth and prosperity within the market to once again become leader in their industry. However, I am just looking for guidance/assistance with this area. I think I have the basic fundamentals down just need assistance.
Attached is the scenario for reference.
Purchase this Solution
Solution Summary
Able Corporation: Legacy Strategy
Solution Preview
In order to bring the desired change in the organization and effectively communicate the new business strategies and incorporate changes with minimal resistance from the employees, here are few suggestions:
Able has traditionally been a family owned organization with no formal structure, procedures, evaluation methodoligies, reporting mechanisms and other modern human resource practices. The challenge for Walden after the acquisition is to bring about the necessary and desired changes in the employees and managers of the orgnization in order to make them more productive, efficient and compliant to modern day practices geared at achieving maximum productivity, synergy and efficiency in the organization. Since the president has been following the old strategies which has become relatively inefficient and obsolete, it is necessary that the benefits of the requisite changes in terms of all the stakeholders of the organization should be communicated to him in order to bring about the changes on a company wide scale.
Walden has to remove the pessimism and fear prevaling among the old employees who fear loss of job due to the acquisition and new management policies. It is a crucial objective in front of the new management to not only retain the old employees due to their experience and expertise, but also bring about the requisite changes with respect to the modern day policies and strategy of the new management. In order to achieve all other corporate level goals, it is ...
Education
- BCom, SGTB Khalsa College, University of Delhi
- MBA, Rochester Institute of Technology
Recent Feedback
- "Thank you. "
- "Thank you"
- "Thank you. I got 20/20 last week for my discussion you help me out with."
- "Thank you. Great Job. "
- "Thank you. Great Job. "
Purchase this Solution
Free BrainMass Quizzes
Transformational Leadership
This quiz covers the topic of transformational leadership. Specifically, this quiz covers the theories proposed by James MacGregor Burns and Bernard Bass. Students familiar with transformational leadership should easily be able to answer the questions detailed below.
Business Ethics Awareness Strategy
This quiz is designed to assess your current ability for determining the characteristics of ethical behavior. It is essential that leaders, managers, and employees are able to distinguish between positive and negative ethical behavior. The quicker you assess a person's ethical tendency, the awareness empowers you to develop a strategy on how to interact with them.
Academic Reading and Writing: Critical Thinking
Importance of Critical Thinking
Paradigms and Frameworks of Management Research
This quiz evaluates your understanding of the paradigm-based and epistimological frameworks of research. It is intended for advanced students.
Team Development Strategies
This quiz will assess your knowledge of team-building processes, learning styles, and leadership methods. Team development is essential to creating and maintaining high performing teams.