Friday, October 18, 2019

Changes in Leadership and CEO Succession slp Assignment

Changes in Leadership and CEO Succession slp - Assignment Example It had all worked out very well and everybody was used to the way things were being run for the last twenty years. This was also possible because the company had been only manufacturing one product. With time, however, the company branched into other products and the company grew bigger putting a strain on the finance department to perform both roles of human resource and finance as it had always done. Tensions started between departments and the finance office due to delays in processing as the department was understaffed. There were delays in supply procurement, staff requests and other general work requirements. In hindsight, these issues could have been solved very amicably through adding more staff to the department and assigning the different responsibilities to individual persons in the department. Unfortunately, the finance department as a unit took the many complaints against it as an all out war set out to discredit the department when the matter was raised at a general sta ff meeting. The finance department developed very fierce hostility towards all the other departments in the company. The senior management of the company put the finance director on a six-month compulsory leave pending investigations. He refused to comply with the decision and reported as usual to the office refusing to hand over anything. His contract was terminated and, the department was divided into two departments. This was the human resource and finance departments with two new mangers to led them. Nearly everybody was happy with the management’s decision to remove the finance director. However, there was a lot of confusion and quite a number of crises that surrounded that action. It would have worked out better for the management if they had worked out the changes needed in the company after the Lewin’s model of organizational change and transition (Lippitt, 1958). The company would have had time to weigh the pros and

No comments:

Post a Comment

Note: Only a member of this blog may post a comment.