Managing Change at The Co-operative Group Assignment

Managing Change at The Co-operative Group - Assignment ExampleThe securities industry sh ar of the caller is virtually 4.2 percent which is not high at all in comparison to its competitors but iodine trustworthy thing about the company is that it is certainly a market leader when it come to cabbage up diet shopping and it is due to the convenience which is offered by the store. Company being a food retail chain, certainly has an honest business, with various strengths and also weakness which provides a margin for company to improve. on that point atomic number 18 few set values and also set of principles according to which the company operates and works. The major standards connect with the business mandate being the openness to democracy, social responsibility and also caring along with equivalence for others. They believe in converting these believes practically within the market place. The major pillars of the business being issues linked with ethical trade and fair tr ade. The company is also dependent on other important principles about formulation and information, concern for the community along with co operation between co operatives and training (KLINEDINST, M., & KALMI, P. 2009). There atomic number 18 some very important areas of concern for the co operative food retail which include the forepart of top up shopping market segment along with the small store size. There are some very important areas which needs to be improved like restricted shelf office for the ethical lines of produce along with the customer base or the demographic profile of the people who are not willing to pay premium prices for the high welfare and organic foods which are produced. This thing tail assembly be improved by developing better marketing techniques for top up segment and market base along with focusing on the convenience factor more and making it their unique merchandising point. Great amount of marketing efforts bed prove to play a vital subroutine in increasing sales of the top up retail sector which is facing problems (BENNIS, W. G. 2000). It is not always about the policies being practically set up , the company needs to work extremely hard in improving their supplier relationships which are not very great. The major problem which can be figure out is improving the local procurement of the food. The company stresses a lot on their social responsibility and the role played by them which totally helps their consumer membership but they tend to ignore their supply chain forethought which is a very important and a crucial thing in todays world. The aspiration is so high and large that no company can take a sensible danger of ignoring their supply chain which can indeed help them increase their profits by cutting costs. The competency of the company can increase if the supply chain is managed tight-lacedly and the company is able to pack good relationships with their suppliers. The Company can also improve their functions b y focusing on the staff training and environmental reporting. All the environmental concerns need to be analyzed and reported on time. The company should make certain(p) that proper training is provided to the senior management about the importance of environmental issues and the impact they can have on them. The training should be linked with practices and policies which need to be set up. There should be proper and specific training given to the store based personnel regarding the environmental awareness and different mediums can be used in order to perform this task which includes using staff information posters and