Risks-
When analyzing the different procedures and risk management programs adapted at WeaveTech it is imperative for there …show more content…
The company would rather lose money in the short term before needing to layoff their employees and risk not meeting the customer needs. The employees were number one priority because it was strongly believed that if the employees feel happy and know their job is secured they will be devoted to ensure the best product is made creating great results. Letting go of employees was viewed as an easy way out instead of making creative moves that will allow employees not to be laid off, meet customer demands, and not let the company go down in ruins. “We have sometimes needed to be creative in order to avoid letting employees go during a downturn, but I am proud to say that we have succeeded in this effort.” (Beer & Swiercz, …show more content…
There should be expected changes in the foreseeable future with WeaveTech as a merger can bring new ideas, different markets that will increase networking and a change in the market of its product as it will no longer be exclusively or primarily with government contractors. Regardless or changes that may occur due diligence must become possibly the most important factor. WeaveTech ought to utilize John Kotter 8-steps process of change model as it recognizes how to stay in business in the profoundly competitive market and it highlights the significant difficulties confronting present day business pioneers. By WeaveTech adapting this model it can accomplish many of its goals one of them being the high-performance change they are looking to get. This model concentrates on the different challenging areas that the company has and how they can enhance their performance, by also allowing the employees both new and old to work together for a common goal. Sharing with the employees the new direction the company is taking will allow them to understand the new vision, and will allow the company to rise