Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

Please reply to this classmate on this discussion thread with 100 words The change risks refer to the factors that inhibit a change from taking

Please reply to this classmate on this discussion thread with 100 words

The change risks refer to the factors that inhibit a change from taking place within an organization. These factors include new process risks, equipment assessments, and the ability of the personnel to successfully adopt the change. In addition to accounting for financial risks, changes in legislation, and competitors, leaders must also consider unconscious biases. If left unchecked, unconscious biases can negatively impact the morale and productivity of the workplace. Employees who feel alienated will be more likely to withhold ideas and work only to meet the standard, not beyond.It also complicates the process of calculating risks and implementing a system that would survive market developments. The United States Postal Service's poor change management plan was an unfortunate example of the detriment that results from failing to properly balance high salaries with costs of workplace efficiencies. This led the postal giant to overspend on incentives and ultimately declare bankruptcy. USPS's struggle to pay the promised salaries demanded a cut of 25% of its workforce, approximately 200,000 government employees. To exacerbate this problem, the dynamics of the work culture took an unexpected downturn. Due to cuts of the more experienced employees, younger supervisors implemented strict rules to establish efficiency. Grievances were filed by higher-tenured employees who were not promoted to higher positions based on experience. It seems an organization can go too far to take care of its employees. Change must be navigated carefully, and only necessary risks should be taken.USPS could have involved the stakeholders in the development of the plan to ensure financial worthiness. It is also quite possible that decisions were not based on analytical data or an error in the costs calculation department.

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image

Step: 3

blur-text-image

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

Research Methods Statistics and Applications

Authors: Kathrynn A. Adams, Eva Marie K. Lawrence

1st edition

1452220182, 978-1452220185

Students also viewed these General Management questions