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Change Management Plan

A structured approach to managing organizational change, including models and best practices.

Olivia Smith
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11 months ago
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CHANGE MANAGEMENTPLANStudent name

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INTRODUCTIONCostcowasfoundedin1983byJimSinegalandSeattleentrepreneurJeffBowman.Latest,Costcohasanaggregateof674warehouses,extendedallthroughtheUnitedStates(474),UnitedKingdom(26),Mexico(34),Canada(89),Australia(7),Taiwan(10),Japan(20),SouthKorea(12),andSpain(2)(breakingnews.com,n.d.).IntheUnitedStates,thefundamentalcontendersworkingparticipationstockroomsareSam'sClubandBJ'sWholesaleClub.Costcoutilizesaround174,000fullandpart-timeemployees.In2015Costcohad81millionindividuals.ThewholehistoryofCostcostartedwithSolPriceandhischild,Robert,openingthefirstPriceClubstockroomonJuly12,1976onMorenaBoulevardinSanDiego,California,accordinglybringingforthanabsolutelynewidea:aretaildistributioncenterclub(CostcoWholesaleCorporation,2009).

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HR STRATEGYTherearefewHRstrategiesthatcanbeenhancedinthecompany–•EmployeeredistributioniskeyespeciallyconsideringCostcostilloperateslargescaleoperationsinmarketswherethestorehasgrownoutofageanddon’tperformasbefore.Redesigningofitspaystructuretoarewardbasedsystemwhilestillmaintainingthehealthinsuranceincentives.•Thereisneedforautomationinthelessbusystores.Anassessmentofconsumertrendsshouldhelpthemanagementhaveageneraloutlookonwhichstoreshavereclinedconsumernumbersduetochangesinmarketdemandsinthearea.•Itspaystructureneedsanadjustment.Manycompaniesareshiftingtoperformancebasedcontractstoensurethereisimprovedconsumersatisfactionandacompetitiveenvironmentintheworkplace
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Business Management

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