Description
Week 4 Assignment 2 Submission
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Assignment 2: Avon Products or GE Money America Case Study
Due Week 4 and worth 150 points
From the Goldsmith & Carter textbook, select either the Avon Products (Chapter 1) or GE Money Americas (Chapter 6) case study for this assignment.
Write a five to seven (5-7) page paper in which you:
- Provide a brief description of the status of the company that led to its determination that a change was necessary.
- Identify the model for change theory typified in the case study of your choice. Discuss what led you to identify the model that you did.
- Illustrate the types of evaluation information that were collected and how they are used to benefit the company.
- Speculate about success of the changes within the next five (5) years and how adjustments could be made if the results become less than ideal.
- Use at least five (5) quality academic resources in this assignment. Note: Wikipedia and other Websites do not quality as academic resources.
- Be typed, double spaced, using Times New Roman font (size 12), with one-inch margins on all sides; references must follow APA or school-specific format. Check with your professor for any additional instructions.
- Include a cover page containing the title of the assignment, the student’s name, the professor’s name, the course title, and the date.
- The cover page and the reference page are not included in the required page length.
- Explore how to identify and develop high-potential talent.
- Analyze behavior change theories and their impact on talent management processes.
- Determine the effects of leadership in the management of talent pools and the talent review process.
- Use technology and information resources to research issues in talent management.
- Write clearly and concisely about talent management using proper writing mechanics.
Explanation & Answer
Attached.
Running head: CHANGE MANAGEMENT AT GE MONEY AMERICAS
Change Management at GE Money Americas
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CHANGE MANAGEMENT AT GE MONEY AMERICAS
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Introduction
GE Money company is a subsidiary of General Electric, one of the world’s strongest
companies that offer finance, technology, and media services to help make the world a better
place. GE Money specializes in providing financial services to small and medium-sized and
retail enterprises (Goldsmith & Carter, 2010). These financial services include; bank cards,
mortgages, private-labeled credit cards, personal loans, credit insurance and home equity loans.
To deliver a unique service to clients and customers, GE Money combines the trustworthiness of
banks, its accessibility, flexibility, value, and the speed of finance companies. This is the reason
a lot of people are drawn towards this company.
For a large business such as GE Money that specializes in finance, change is inevitable
(Czichos, 2014). With technology in hand, a lot of things are bound to change in a span of a
moment, so business just needs to be alert and ready all the time. The following provide reasons
as to why a change was necessary at the GE Money America company: 1) Staffing problem. This
problem is common to many organizations, and GE Money is no exemptions. The company
wasn’t getting it right when it came to staffing; it was very unsustainable. They had a staffing
process that was decentralized, and their interview processes were inconsistent. Also, it was
expensive to recruit new people and the period to fill up a position was more than three months.
These difficulties prompted the company to look for another alternative sustainable staffing
measure that would help make the company a better working place. The company had to look
for ways to curb that problem, and they did manage to merge with Kelly OCG that had the
know-how on employing caring, qualified, and experienced personnel (Goldsmith & Carter,
2010).
CHANGE MANAGEMENT AT GE MONEY AMERICAS
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Technological diffic...