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stationery company Paperchase only added exposure to another challenging retail niche. E-reader Kobo was insufficiently supported and never gained traction. Valuable cash ($600 million) was wasted on a stock buyback program begun in 2005 (Johnson, 2011). Change should not be resisted but it should be monitored. It needs to be a viable change that will help the company grow without causing unneeded stress and costs. When a change is implemented, and it is determined that the change is not doing the company the good it was foreseen to do, then the company needs to have a plan that will help them get on track with their goal.
Running head: Organizational Change4ReferencesGartenstein, D. (2018, June 27). What Is the Meaning of Organizational Change? Retrieved fromNew Technology. Retrieved from -the-failure-of-two-companies-to-seize-the-initiative-and-master-oncoming-change-2011-11Machiavelli, N. (n.d.). Vision and the Management of Change. Retrieved from