Preview

Sears Changes Again and Again

Good Essays
Open Document
Open Document
1301 Words
Grammar
Grammar
Plagiarism
Plagiarism
Writing
Writing
Score
Score
Sears Changes Again and Again
Case Analysis of Sears Changes Again and Again

Synopsis
The case ‘Sears Changes Again and Again’, highlights the changes Sears, the well known departmental store had undertaken to solve problems and to reinvent itself in order to survive and prosper in the 21st century. The case also highlights how leadership facilitates to bring about changes in the organization to improve from the current state of being. At Sears under different leadership, various changes were made in the organizational structure, strategic business units, product offerings and target customers. Initially, the change efforts were focused on solving problem/improving efficiency. Later the focus was broadened to reinvent itself to survive and prosper in the 21st Century. The case also highlights that change is a continuous process rather than a onetime event. Change once undertaken might lead to good organizational results for a limited time frame after which the benefit ceases as the factors in the environment change. Sears had undertaken various changes; however, the benefits of those changes were limited for a specific period of time, after which another change initiative was required.

Issues/Focus of the case
The major issues/focus of the case mainly revolves around the various change initiative taken by Sears, in terms of leadership, organizational structure, positioning, target market and the promotion theme to solve the problems/improve performance and to survive and prosper in the 21st century.
The case highlights the change in leadership at Sears to improve organizational performance. Sears for the first time appointed an outsider, Albert Martinez as the CEO to improve its degrading performance. Similarly, after poor sales growth under Martinez’s leadership, the CFO Alan Lacy was appointed as the CEO.
The case also focuses on the changes in organizational structure made under the leadership of Martinez and Lacy. Martinez cut down 50,000 employees, flattened the company’s huge

You May Also Find These Documents Helpful

  • Better Essays

    Wal-Mart Research Paper

    • 2709 Words
    • 11 Pages

    This paper will focus on a change initiative for Wal-Mart. Next, this paper will analyze how this change will impact the people, products, and processes. Then this paper will focus on the people portion, and provide recommendations to position this change initiative in a manner that results in high performance. Finally this paper will conclude with a summary of how the recommended approach to the change initiative will result in organizational excellence.…

    • 2709 Words
    • 11 Pages
    Better Essays
  • Satisfactory Essays

    OI 361 week 5

    • 264 Words
    • 2 Pages

    Organizational transformation is en essential component of the evolution of a successful company. Organizational transformation is best described as “organization-wide changes, such as reconstruction, introduction of new technologies, processes, services or products, implementing new programs, re-engineering”. Finding incentives to motivate and inspire employees will help the entire organization reach a culture that fosters progressive transformation. Furthermore, understanding the purpose of leadership will aid an organization in developing principles and policies that keep the all employees on a transformational path. Failing to innovate and transform with the latest trends in business can lead to disastrous consequences for an organization’s long-term survival. The purpose of this essay is to analyze the transformational ability of major US corporations and the tactics that they utilize to achieve their goals. In addition, I will review the innovativeness of my own organization, the Unites States Navy.swwwfhj…

    • 264 Words
    • 2 Pages
    Satisfactory Essays
  • Powerful Essays

    Case Study

    • 1863 Words
    • 8 Pages

    Synopsis: Doug Aiken took over Tech Depot and replaced the symbolic leader who founded the company, when Aiken took charge he immediately introduced a new management plan, measuring everything from sales of products to employees. He saw himself as the omnipotent leader (mgt p39) Sales dropped after two years and everything Aiken was working for diminished. He did not gets the results that were expected by the company. Many of the staff expressed dissatisfaction with their jobs The board decided they were in need of a new CEO, so they hired Meryl Francoli who is known for achieving results. Francoli’s first concern was to get the company back on its feet and reach the higher sales they once had, and reignite the employees commitment she wants to implement an OME to be used to combat turnover, increase morale, and lead to innovation throughout the company. Francoli knows there will be a lot of resistance introducing this but believes it will improve Tech Depots financial situation and boost employee morale.…

    • 1863 Words
    • 8 Pages
    Powerful Essays
  • Powerful Essays

    Sears Core Competencies

    • 1884 Words
    • 8 Pages

    References: Farfan, B. (2010). Death of a U.S. retail legendary founder reminds Sears to reclaim its identity as one of the great American retail brands. Retrieved July 14, 2012, from http://retailindustry.about.com…

    • 1884 Words
    • 8 Pages
    Powerful Essays
  • Powerful Essays

    Sears Company Analysis

    • 2635 Words
    • 11 Pages

    The Strategic Analysis will show some of the steps that have been taken to overcome some of the difficulties that Sears has had. The newest CEO, Arthur C. Martinez, has been a motivating leader for the company. He has implemented many changes that have increased sales and moved Sears back up to the top of the retail chain. These changes would include store remodeling, Internet strategies, differentiation, and human resource management.…

    • 2635 Words
    • 11 Pages
    Powerful Essays
  • Good Essays

    The Concord Bookshop represents an excellent example of how not to attempt change. If employees would have been included in the early stages of analysis to define the change required, they would have created a proactive change management environment (Spector, 2010). Instead, the surprise of change that was perpetuated upon the employees was met with across the board resistance, bewilderment, anger, and derision that resulted in the loss of many highly qualified employees and management. These factors created a failure of change management where the loss of employees and resulting customers would cost the company far more than if they had taken the time to implement change management process correctly to begin with (Spector,…

    • 686 Words
    • 3 Pages
    Good Essays
  • Powerful Essays

    This paper will attempt to make a distinction between why companies change and the catalysts used in an organization to bring about that change. According to Ian Palmer, Richard Dunford, and Gib Akin (2009), “Whether the change is reactive or anticipatory gives rise to four categories: tuning, reorientation, adaptation, and re-creation”…

    • 1126 Words
    • 5 Pages
    Powerful Essays
  • Good Essays

    Thompson Reuters. (2008, January 22). Sears Holdings to Introduce Revised Managment and Organizational Structure Reuters. Retrieved November 16, 2008, from Reuters.com: http://www.reuters.com/article/pressRelease/idUS190789+22-Jan-2008+PRN20080122…

    • 846 Words
    • 4 Pages
    Good Essays
  • Good Essays

    The phrase ‘change management’ has been defined as “the process of continually renewing an organization’s direction, structure, and capabilities to serve the ever-changing needs of external and internal customers” (Todnem, 2005, p. 369 cited Moran and Brightman, 2001, p. 111). Generally, organizational change can be initiated by managers or come into existence through external pressure or implemented as a result of specific changes in policy and procedures. In brief, organizational change is an effort made by management to have members of the organization to think, behave and perform in a different way (Yılmaz and Kılıçoğlu, 2013 cited Kreitner and Kinicki, 2010).…

    • 702 Words
    • 3 Pages
    Good Essays
  • Better Essays

    Technology is forcing organizations to change, sometimes rapidly, if they are to survive in today’s world. Thanks to advanced communication, globalization, and computerization, these changes must be anticipated and accepted as the new norm. Understanding, accommodating, and using change are now part of a manager’s job requirement. Resisting the reality of change will lead to conflict, reduced performance, job dissatisfaction, decreased morale, and increased turnover (Ivancevich, Konopaske, & Matteson, p.7-9). In The Heart of Change, John Kotter and Dan Cohen interview hundreds of successful leaders to identify the key to successful change. According to Kotter and Cohen,…

    • 1894 Words
    • 8 Pages
    Better Essays
  • Best Essays

    Communicating the Change

    • 1451 Words
    • 6 Pages

    4. Kotter J. Leading Change: Why Transformation Efforts Fail. (Cover story). Harvard Business Review [serial online]. March 1995; 73(2):59-67. Available from: Business Source Complete, Ipswich, MA. Accessed January 20, 2013.…

    • 1451 Words
    • 6 Pages
    Best Essays
  • Good Essays

    Essay On Sears Catalog

    • 642 Words
    • 3 Pages

    Thesis: the encounter between the Sears Catalog and the american consumer had an economic impact on urban expansion because the catalog provided houses for people to move West, affected the general stores, and changed the lives of farmers.…

    • 642 Words
    • 3 Pages
    Good Essays
  • Good Essays

    Based on our aforesaid analysis, with the objective of increasing profitability in such a competitive industry as retail business, the failure of Sears Domestic was mainly caused by the shortage of resouces and capabilities as well as tactics definition and execution rather than strategy itself. Since Sears Domestic has a non-competitive cost structure in comparison with its key competitors (e.g. Walmart, Target, Home Depot, etc.) , it is wiser to pursue differentiation strategy than low-cost strategy. In addition, Sears need more focus on customer segments to compete. Therefore, in our recommendations, we will put emphasis on action plan in order to materialize Sears’ focus differentiation strategy, which includes two main groups of recommendations:…

    • 750 Words
    • 3 Pages
    Good Essays
  • Good Essays

    “The primary objective of change is to ensure the future competitive sustainability of an organization” (Borkowski, 2005, p. 391). The phases in organizational change are unavoidable, regardless if they have positive or negative results. A case study can demonstrate that a planned organizational change process will lead to the change success. In this paper, the case presented will demonstrate the importance of completing and implementing the phases of this process.…

    • 582 Words
    • 3 Pages
    Good Essays
  • Best Essays

    Around the world, retail business has been in demand for quite some time. Therefore, expansions and changes due to technology are developed daily to help innovate and maintain the competition worldwide. These changes help prepare the retail business to be successful, to operate smoothly, effectively and efficiently. This paper will tell how being an executive of XYZ, Inc., a high-end retail chain that sells luxury watches, jewelry, and hand bags, enable me to make short term, small scale changes in Shanghai our first international store; then later into a long term, large scale change within the organization by having additional stores in Brazil, Russia, India, and China (also known as the B.R.I.C. countries). I will also discuss the change model used during these short and long term changes and the effect it will have on the organization.…

    • 1757 Words
    • 51 Pages
    Best Essays