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Communicating Change

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Communicating the Change
HRM587
Managing Organizational Change

Communicating the Change

Rumors about Previous CEO Leaving
When an employee leaves without anyone really knowing what happened the speculations start to fly and before you know it people start taking these rumors as the truth. So when you have a CEO step down abruptly you usually jump to the conclusion that they did something wrong and were asked to step down and this is not always the case. The quickest way to stop the rumors is to address the event that occurred for the person to leave. This is an easier task for Target unfortunately in light of the recent credit card data heist which was noticed on a global scale there wasn’t a whole lot of light to shed. Something really bad had happened and they looked into it and found and corrected the error and the CEO while not directly responsible for the data heist felt responsible and stepped down. Confirming this would end the need for rumors and then also allow a platform to announce the company’s standpoint moving forward and their plan to replace the CEO.
Plan for Replacing the CEO When there is a plan in place for replacing the CEO this may not be all employees need to know but upper management would need to know that there has been forward motion on this topic and how to respond to employees should they ask a question about what’s happening next or where the company is what with selection, granted this is not typical. A general announcement should be given to show that the company is looking for a new CEO and what they are looking for in the next CEO and where they plan for this CEO to take the company. In the case of Target is the road to recovery from the Data Heist and putting Target back on the map again with customers and at the same time freshen up their look and product they sell. This is a great example of tying in what needs to be

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