Affects of Change and Loss in Organizations Free Essay, Term Paper and Book Report
Change can be difficult for many people and change is never without complexity or consequence. In organizations, change can even be devastating. In order for change of an organization to go forward smoothly, it takes skill and finesse. There are tried and true methods that both individuals and organization need to use in order to navigate through change successfully. Otherwise, they will have to face loss and failure.
The Home Depot underwent a major change when in 2000, the original founders Bernie Marcus and Art Blank stepped down as co-CEO and the HD Corporation hired Robert Nardelli, from General Electric. The Home Depot culture was originally based on strong customer service, career oriented associates and an entrepreneurial spirit. Nardelli came in and instilled a new culture of fear. He threatened and replaced staff that was not performing to unrealistic targets. In the last six years, over 90% of management, both upper and store level, left and moved on to other retailers and/or other jobs.
Nardelli came in quickly and worked towards changing the culture eve......
Word Count: 711
Page Count: 2.8 (250 words a page / double spaced)
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