Weekly tasks or assignments (Individual or Group Projects) will be due by Monday, and late…

Weekly tasks or assignments (Individual or Group Projects) will be due by Monday, and late…

Weeklytasks or assignments (Individual or Group Projects) will be due by Monday, andlate submissions will be assigned a late penalty in accordance with the latepenalty policy found in the syllabus. NOTE: All submission posting times arebased on midnight Central Time.TransformationalChange Management PlanYouwill create an entire Transformational Change Management Plan for amedium-sized public company that has lost business to a competitor that haschosen to outsource much of its production operations. The company has beenbased in a small Midwestern town, it is one of the largest employers, and ithas an excellent reputation for employee welfare. It is now planning to do thevery same offshoring, which will involve large lay-offs of long-term employees.TheKey Assignment is a comprehensive transformational change management plan thatwill combine tasks from Weeks 2–5.Theproject deliverables are as follows:·Week 2: Introduction·Week 2: What is driving the need for thistransformational change?·Week 3: Theories of Change Management·Week 4: Communication Plan·Week 5: Implementation PlanCreatean APA title page and the following sections:· Week 2:·Introduction (250-300 words) You will research andfind an example of a firm that is going through the transformational change ofoffshoring much of its production activities. The first part of the plan willbe the Introduction. Context for the introduction includes the following:o What is offshoring?o How were the stakeholdersaffected?o What initiated thechange?o How well has it beenreceived or accepted, and why?·What is driving the need for thistransformational change? (300-500 words)o Why is this considered atransformational change?o Why can the firm not justkeep doing what it has been doing?o What is management’s rolein the transformational change?o Are there easieralternatives to accomplish the goal of remaining competitive?Please submit yourassignment.