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Implications of Changing the Ethos of the Business and Closing Various…
Implications of Changing the Ethos of the Business and Closing Various Departments
Emotional Responce to Change
Gender Curve
Three Phases of Transition
Reistence to Change :warning:
Source of resistance
Old Guard
Finance Department
How does Change Impact the Business
Productivity Will Increase
Redundanacey :explode:
Various Departments will be Closed :explode:
Real Time Accounts
Grater Emplyee Retention
Increased Customer Base
Increased Profits :
How does Change Impact the Employee
Retraining
Remobilisation
Lack of Motivation
Cultural Changes
Additional Travel Time
Appetitie for Change Across the Organisation :!!:
Stakeholder
Shareholders
Employees
Directors
Main Board
Why is Change Required
Legacy Issues
The industry has Changed
The business needs to attract new Clients
More diversification
Toxic Culture :no_entry:
Market Perception
When will Change be Implemented
Within 12 months
Phased roll out
Board approval required
Business Benefits :star:
Whole of Market
Motived Employees
Work life Balance
Increased Productivity
Repeat Business
Mew Image
Culture Change
Human Resource Implications
New Employment Contracts
New Terms and Conditions
Agile Working Contracts
Additional Support Required
New Wellbeing Strategy
Legal Issues
Barriers to Entry
New Legistration
Employment Rights
Equal Opportunities
Financial Costs
Cost to Business
Savings for the Business
Dividend Implications
Settlement Payments
Bonus Payments
Benefits to the Employees :star:
Work Life Balance
Improved rates of Pay
Reduced Working Hours
Training Courses
Flexible Working Hours
Empowerment
Improved Communication
Accountability
How does Change Impact the Departments
New Finance Department to be relocated to India
Finance Department to be Closed :explode:
Various Departments will be Merged