Preview

Concord Bookshop Hcs/587 Essay Example

Good Essays
Open Document
Open Document
739 Words
Grammar
Grammar
Plagiarism
Plagiarism
Writing
Writing
Score
Score
Concord Bookshop Hcs/587 Essay Example
The Concord Bookshop Paper
Kathleen M Lepley
HCS/587

The Concord Bookshop Paper
The Concord Bookshop was a small town bookstore that had been in operation for 64 year. It had small town flair and was enjoyed by all the citizens of the town. After, many years the financial status of the bookshop was in grave distress. The board members made a unanimous decision to make significant changes to avoid a downward spiral of financial ruin. The major problem would be that the Board of Directors failed to take the necessary steps in the change process because the board lacked employee support and input. This will be seen as the demise of The Concord Bookshop.
Within the Concord Bookshop discussion, there were several phases of organizational change that was not implemented which led to the failure of the company. Initially, one of the complex yet necessary steps was not taken. This first step is strategic renewal and organizational change. The Board of Directors needed to do more than just make an announcement to the employees, that a new philosophy would be developed and implemented. Organizational talents, and capabilities, and employee input and previous experience were never considered to achieve the goal of the bookstore.(Spector, 2010).This bookshop was also used by almost everyone in the community. There is no doubt that if the Board had called on the citizens for support as well as the employees, the company might have been saved from financial despair. The Concord Bookshop was a piece of culture and of history for 64 years. The owners chose to do it their own way, which led to the gradual destruction of the book store because the board failed to see the importance of a necessary step to make the change process successful.
In addition, behavioral change was also part of the organizational change process that was not implemented. Change can be successful if a company or group within an organization changes the way an individual presents oneself.

You May Also Find These Documents Helpful

  • Better Essays

    Acct 613 Essay Example

    • 1410 Words
    • 6 Pages

    In this situation, Haig Simmons may recognize losses on the future contracts as ordinary loss on her tax return under section 65. The purchase of futures contracts is considered a hedging transaction under section 1221(b)(2). As a hedging transaction and as property held in the ordinary course of her business, the futures contracts for anthracite coal are not considered capital assets as defined under 1221(a)(1) and 1221(a)(6). Future contracts are entered in to support anthracite coal business practices as exampled in…

    • 1410 Words
    • 6 Pages
    Better Essays
  • Better Essays

    During the first two weeks, Learning Team “A” studied several objectives. During Week One, we learned how to prepare journal entries to account for transactions related to accounts receivable and bad debt using both percentage of sales and the percentage of receivables methods, ways to distinguish between tangible and intangible assets, the means to identify the entries associated with acquisition, disposal, and sales of plant assets, and closed out the week by distinguishing between revenue and capital expenditures, and the entries associated with each. As we advanced into Week Two, we studied how to differentiate among accounts payable, notes payable and accrued expenses, methods to properly prepare necessary journal entries to record the issuance of bonds, the periodic interest, and amortization of bond premiums and discounts, and finally the procedures to calculate depreciation and amortization expense using various methods.…

    • 1283 Words
    • 6 Pages
    Better Essays
  • Good Essays

    The objective of this project is to help train DC Construction staff with their BRIX problems by planning how to operate the new system. The company will provide 20 laptops for this training session. When DC Construction changes their BRIX system, they will also change their financial system. Currently all locations have trouble with the financial and accounting system. The sites do not have a standard system, which may have contributed to the problem. The new STIX system will allow each site to have a high of compatibility through a standardized operating system. The company will implement the new system in six months, and will be operational, company wide, by August 30 next year. A development team will come up with a project plan to update DC Construction’s BRIX system. Management will be notified of any resources they may need to accomplish this task.…

    • 717 Words
    • 3 Pages
    Good Essays
  • Satisfactory Essays

    Here we have plugged in the values into our formula. When solving we do order of operations first and we will solve exponents first.…

    • 652 Words
    • 3 Pages
    Satisfactory Essays
  • Good Essays

    Oi 361 Essay Example

    • 610 Words
    • 3 Pages

    Riordan Manufacturing vision is “Focus on achieving and maintain reasonable profitability to assure that the financial and human capital is available for sustained growth.” To achieve the vision Riordan manufacturing mission is to become industry leaders in using polymer materials to provide solutions to customer’s challenges. Riordan’s management team is developing a consultant tem to create a new focus on creativity and innovation (Riordan Mfg., 2013). Team A will assume the role of consultant team for the Riordan and identify the internal and external drivers of innovation for Riordan. Also, describe how innovation, design, and creative thinking may benefit Riordan in terms of meeting its organizational objectives.…

    • 610 Words
    • 3 Pages
    Good Essays
  • Powerful Essays

    It is used when there is no standard or interpretation related to the reporting issues under consideration.…

    • 836 Words
    • 4 Pages
    Powerful Essays
  • Satisfactory Essays

    I would like to begin with defining the courage and explaining the meaning of crossing threshold. Courage is not by using violence it is the quality of mind or spirit that enables a person to face difficulty, danger, pain, etc., without fear; bravery. Crossing the threshold, this is the point where the person actually crosses into the field of adventure, leaving the known limits of his or her world and venturing into an unknown and dangerous realm where the rules and limits are not known (Joseph Campbell’s Monomyth video).…

    • 477 Words
    • 2 Pages
    Satisfactory Essays
  • Satisfactory Essays

    All of the following stimuli cause the scrotum to draw closer to the body except ________. 
Answer…

    • 1018 Words
    • 5 Pages
    Satisfactory Essays
  • Good Essays

    Hrm 531 Essay Example

    • 902 Words
    • 4 Pages

    Clapton Commercial Construction a medium business client who is planning to expand into Arizona. With low taxes and less regulated state government, the price you pay for doing business is substantially less in dynamic Arizona. The overall state and local tax burden ranks 9th in the U.S., the second-lowest in the nation. Compared to a national average of 9.7%, Arizona reports just 8.5% of per-capita income going to taxes, according to the Tax Foundation (Arizona Commerce Authority, 2013). This is a great incentive to my client and as part of this expanding process the company must be aware of the state labor laws. The…

    • 902 Words
    • 4 Pages
    Good Essays
  • Good Essays

    Quiz 2 Ac505 Essay Example

    • 2173 Words
    • 9 Pages

    3. The CJP Company produces 10,000 units of item S10 annually at a total cost of $190,000.…

    • 2173 Words
    • 9 Pages
    Good Essays
  • Satisfactory Essays

    Wk 8 Ccj220 Essay Example

    • 439 Words
    • 2 Pages

    Write a 350- to 700-word paper in which you define punishment philosophy and how it can affect the criminal justice post-conviction process. Include a description of how sanctions are related to punishment philosophy and used in the criminal justice field.…

    • 439 Words
    • 2 Pages
    Satisfactory Essays
  • Satisfactory Essays

    mgt 426 wk2

    • 616 Words
    • 2 Pages

    When it comes to the word change in an organization change can be one of the most difficult things to successfully accomplish. Change management is a process that an organization to make change for the future. When it comes to change management it gives effective strategies to enable the change agents to be able to achieve the vision or goals that are set in place. Looking at my company there is always change when it comes to healthcare. As a whole there are two kinds of change agents that make a difference within the company. When implementing change you have critical steps that are required. The first is to identify the roles that will be played during the process. Second, is to identify what roles are involved in the process and who will be handling those roles. Last, making sure that throughout the process it is being monitored and roles are changing during process. Two different change agents, one is resistance to change and the second has rituals of transition. Change agents that resistance is an ongoing problem which affects the individual and the organization. When vision is set to take place within our company the head delegates who and how the vision will be worked. When an employee is use to how things are already done and has a routine set within themselves it is hard to change them especially if they do not want to or afraid to. This causes for employee to have bad performance because they are not following the organizations instructions. This also hurts the organization because the goal or vision is not being accomplished. When it comes to rituals of transitions this type of change involves…

    • 616 Words
    • 2 Pages
    Satisfactory Essays
  • Better Essays

    Amazon.com and Borders Books are two companies who had very different outcomes after years of business. One is still successful, even today, while the other is no longer open. One changed with the times, developing new technologies and new strategies that suited the ever changing trends of society. The other did not realize how crucial change is to the business world until much too late. Although these companies had very different outcomes, the roads they began their journeys on were similar in some ways. Both focused on products popular to a wide variety of people, and both had years where business was good. Choices made over the years, good and bad, contributed where both companies ended up in the present. Choices, especially in the business world, can make or break a company, and these two similar companies are good examples of this fact.…

    • 1151 Words
    • 5 Pages
    Better Essays
  • Good Essays

    1.1 Outline current legislation, guidelines, policies and procedures within own UK Home Nation affecting the safeguarding of children and young people.…

    • 470 Words
    • 2 Pages
    Good Essays
  • Powerful Essays

    What do you think caused Deborah react in such manner towards Melinda? Do you think these reactions are justified?…

    • 2746 Words
    • 11 Pages
    Powerful Essays