PERFORMANCE AND CHANGE MANAGEMENT

Performance and Change Management

Introduction1

TO12

Investigating the Performance of selected Business2

SWOT Analysis2

Analyzing Business by Using Comparative Measures of Performance3

TO25

Propose Changes for improving management and business performance5

Actions for Overcoming Weaknesses and Ways for Maintaining Current Strengths5

Recommending New Area for Expansion7

TO38

Revising Business Objectives and plans for incorporating proposed changes8

Assessing Existing Objectives and Plans8

Revising Plans for Incorporating Appropriate Changes9

Action Plan for Implementing Changes9

TO412

Impact of Change Management on operations12

Impact of Proposed Changes on Business and Personnel12

Change Management and Plans13

Applying Changes in Organizational Management.15

References18

Change Management

Introduction

The selected organization in this paper is a small women boutique named as “Shaila Armaan's Boutique” which is working since last eight years in United Kingdom. The organization has although earned a good name in women wear but is currently having a small set up. There is only one physical outlet of the “Shaila Armaan's Boutique” and the company is looking for an expansion and is hopeful for earning lot more profit through the planned expansion.

Shaila Armaan's Boutique, is set with an objective of providing women with a boutique that offers them a comfortable and approachable environment. They make it sure that the premium quality is being showcases, with well-constructed fashions from prominent and cutting-edge designers. The boutique believe in serving with the best and this possible by focusing to develop an understanding that what clothing and styles go best with the unique personalities of all buyers visiting their stores.

As the nature of this market is dealt with lots of competition, the consumer market has been forced for finding a way to come out of the stormy waters and retain its position in post recession period. On the other hand, industry is also coping up with the changing tides. Like all the other economies around the globe there was also a collapse in United Kingdom economy which almost plummeted in the period of recession. The increasing level of unemployment throughout the globe and also the various other changing element of the society are matter of concern.

The Clothing Retailing industry is on a mature stage in its life cycle. In United Kingdom just like rest of the world the industry is going through very rapid changes. There are so many different issues which are confronted by the organizations which are dealing the particular industry time to time. Over the 10 years through 2018-19, industry value added is forecast to increase at a compound annual rate of 0.9%, while UK GDP is anticipated to grow at a compound annual rate of 1.3%. This indicates that the industry is growing at a slower rate than the United Kingdom economy and this is a clear illustration of a mature market. Industry operators have endured increased competition from supermarkets and pure-play online retailers.

TO1

Investigating the Performance of selected Business

SWOT Analysis

STRENGTH

WEAKNESS

U-form organisational structure

Good control on the supply and demand due to small size of business

Specialist in women's wear

The organization does have a diversified range of products

Multiple tasks assigned to each employee

Unclear segregation of work

The company has no online existence in the ...