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"Taking the fast lane to success' is a goal of a business called Spatial Internet - HSC - SSCE Business Studies - Question 26 - 2001 - Paper 1
Question 26
"Taking the fast lane to success' is a goal of a business called Spatial Internet. This information technology business has been operating as a partnership for two y... show full transcript
Worked Solution & Example Answer:"Taking the fast lane to success' is a goal of a business called Spatial Internet - HSC - SSCE Business Studies - Question 26 - 2001 - Paper 1
Step 1
Strategies for managing change to achieve effective employment relations
Answer
To manage the transition to e-commerce successfully while maintaining effective employment relations, Spatial Internet should consider the following strategies:
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SWOT Analysis: Conduct a SWOT analysis to identify internal strengths and weaknesses, and external opportunities and threats. This will guide strategic planning and help incorporate employee feedback into the process.
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Employee Involvement: Involve employees in the transition process through consultations and workshops. This inclusion fosters a sense of belonging and minimizes resistance to change.
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Training and Development: Providing training programs for current employees on e-commerce practices ensures they have the skills required for the new business direction. Continuous professional development can enhance job satisfaction and retention.
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Flexible Work Arrangements: Implement flexible work arrangements to accommodate employees' needs, particularly for the younger workforce that values work-life balance. This approach improves morale and productivity.
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Social Responsibility Initiatives: Develop corporate social responsibility strategies that align with the business’s values. Engaging in community projects or environmentally sustainable practices can enhance employee pride and commitment to the organization.