Examine potential reasons, regardless of industry, why turnover rates and profitability losses occur.
Organization ABC has been experiencing a number of issues, as of 2015. Though production was up, during the economic recession, the company has experienced high turnover and a loss of profits. Organizational stakeholders are very concerned about the future of the company and thus, believe that changes are needed.
For this 2-3 page paper assignment, please do the following:
- Examine potential reasons, regardless of industry, why turnover rates and profitability losses occur. Identify these reasons using scholarly and industry research.
- Identify two challenges, in the organization, which might require managed change.
- Determine the levels in the organization that might be impacted by the managed changes.
- Identify two or more potential and appropriate interventions that might be impacted by the managed changes.
- Describe the expected outcomes if the interventions are successful.
Your paper should be 2-3 pages in length, not including the title and reference pages.
