Answered step by step
Verified Expert Solution
Question
1 Approved Answer
The Finance Director of Bacchus Co., Jenny Swales, has taken on the role of leading the reorganisation of the company's finance function. The change
The Finance Director of Bacchus Co., Jenny Swales, has taken on the role of leading the reorganisation of the company's finance function. The change will involve a number of personnel taking on new roles, and working in different teams. Jenny has worked for Bacchus Co. for 25 years during which time she has led a number of change initiatives. She is a charismatic figure within the company and is very well respected by members of the different finance departments, with a reputation for her fairness and expert technical knowledge. Jenny has always been a champion of the finance function, making sure that her staff enjoy excellent working conditions. As a result, the morale of the finance staff has always been high. However, Jenny is aware that the move will not be welcomed by all members of the various finance departments and she expects that some of the staff are uneasy about the changes. She has already heard that staff are concerned about working in an environment they think will mean a need for new skills and new ways of working. Required: I a). Explain the different sources of power that Jenny could use to help her manage the reorganisation of the finance team. 10 marks b). How might Jenny use the company appraisal process to support staff in their new roles. 5 Marks TOTAL 15 MARKS
Step by Step Solution
There are 3 Steps involved in it
Step: 1
Get Instant Access to Expert-Tailored Solutions
See step-by-step solutions with expert insights and AI powered tools for academic success
Step: 2
Step: 3
Ace Your Homework with AI
Get the answers you need in no time with our AI-driven, step-by-step assistance
Get Started