Aspects of Change plan:
Aspects of Change plan 2
Change Plan:
Change Plan Call for a board meeting to take the other stakeholders/ family members into confidence Explain to them the advantages of a MNC model of proactive and effective business model More follow-up meetings with family members to discuss any further changes i.e. involve family members in conceptualising the change plan Training programme for the young family members coming into the organisation. 3
Change Plan :
Change Plan Proper training programme For senior mangers to highlight the importance of business orientation To educate employees about the culture Empowerment to job roles of senior manager and CEO Define their job roles and what is expected of them Better co-ordination between older employees and newer employees from MNCs Organizational structure and job role needs to be clearly defined To streamline the designation homogenise the business units Avoid ambiguities in reporting and responsibility flow 4
Change Plan : Employees and Vendors:
Change Plan : Employees and Vendors Incentive for the employees based on individual/company performance Hiring based on merit rather than recommendations Chart out a proper hiring and training procedure To keep the attrition rate under control and boost employee morale Proper grievance redressal system Involving employees in meetings and encourage open discussion and debates Vendor Management Better collaboration strategy with the vendors Ensuring cost and quality measures 5