The CEO has said he does not want anyone to lose his or her job. Some may need to be retrained, but no one will be let go. The merger will take place in two weeks, but the timing for blending the organizations will be over several months.
Change is inevitable in organizations and your organization is about to go through a major change with the new merger.
In a 1-2 page APA paper, cover the following:
1. 1. What is the importance of Change Management?
2. 2. How will you effectively manage the change in your organization?
3. 3. What kind of hurdles will you encounter and how will you overcome them?
4. 4. Provide 2 sources.
Air Inc, an aircraft manufacturing company, was founded in 1967. The company has been doing great with profits and it is retaining its employees and customers. Some of this success has been attributed to their outstanding leadership. Because of the recent recession, customers are not buying as much, and Air, Inc. profits have been slipping. You are the vice president of an Air Inc. The CEO calls you and the vice president of human resources in for a meeting. Your company is planning to merge with another aircraft manufacturer, Plane Inc.
You are aware of how mergers can have a negative effect on employees. You also know that unhappy, disgruntled employees don’t perform their tasks as well, can damage customer relationships, and ultimately can decrease company’s profits. You are worried about how to present this merger to the employees.