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Case Problem - The Wangote Case Case Problem - The Wangote Case The coronavirus pandemic has rattled or in some cases completely dislocated operations of
Case Problem - The Wangote Case Case Problem - The Wangote Case The coronavirus pandemic has rattled or in some cases completely dislocated operations of organisations across the world. Wangote, a blockchain organisation launched in 2018, sees the coronavirus crisis as an opportunity to drive real change, develop ground-breaking innovative products, capture new markets, generate sales, increase revenues and build sustainable business. This however comes at a cost to the current Wangote business model. This will involve new investments, new product development and launch, new market selection and targeting. Moreover, Wangote wants to also lean its business operations including reducing staff strength, limit number of office spaces, and focus more on remote working. This situation is already generating intense resistance from employees at Wangote. As the CEO of Wangote you have decided to allow inputs from a group of senior managers in handling employees resistance. Question 1 Explain and discuss appropriate strategies to overcome and managed the situation at Wangote. Drawing insights from the Pettigrew's four stage model, critically discuss how Wangote can navigate its current challenges and embrace the opportunity brought by the coronavirus crisis. You should critically draw on existing literature in answering the question. Question 2 Decisions can lead a company like Wangote to success or failure. Critically discuss why the involvement of a group of senior managers in your decision making as the Wangote CEO can be problematic. Apply the rational decision making to the Wangote case. You should critically draw on existing literature in answering the
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