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The paper deals with the issues related to the change management and its significance to an organisation. The role of the leaders in managing changes has been discussed in the paper. Key success factors for formulating an effective change management model has been presented in the paper. The paper has concluded that change management process is required to be synchronised with the organisational goals. Introduction Change in the organisation is often viewed as important to deal with the changing market scenario and perception of customers. Change like management, leadership, culture and other can have a significant impact on the competitiveness of the firms (Todnem By, 2005). However, due to many internal and external factors, it is not easy for the organisations to bring change. In this current study, Walmart has been selected; in context to the company, change solutions shall be identified and justified that would help Walmart to attain organisational objectives. Further, criteria would be identified for selecting the most appropriate change model and problem solving technique would be applied for addressing the challenges. Moreover, the contemporary role of leadership and management shall be described along with the challenges faced by the leaders and managers of the company. Identify and Justify Change Solutions Walmart is a multinational retail corporation which operates a chain of discount hypermarkets, grocery and departmental stores. In twenty eight countries, the company has around 11539 stores and clubs. The organisation deals in number of products like, photo finishing, home and furniture, home improvements, electronics, clothing, toys, health and beauty, grocery, jewellery and many more. Moreover, the company has more than 2.3 million employees all over the world (Walmart, 2016). It has been witnessed that women workers of the company, Walmart have been underpaid which has raised criticism for the organisation. The female workers were paid USD1.16 less per day in comparison to male counterparts. The company is well known for employing more number of women workers than the male workers. However, the women are discriminated on the basis of wages and salaries even after working on the similar position with that of male (Osterndorf, 2015). In context to that, the company can count on making change in organisational culture and policies which could help in attaining the outlined organisational objectives. The change or adjustment in the organisational culture would be effective in providing the equal rights to both male and female workers in the organisation. It can support the company to make strong and healthy relationships of workers with the top management which can be useful in carrying out the business activities in a pleasant manner (Bititci et al., 2006). This would be useful for Walmart to prepare the organisational plan which could lead to effectively aligning the efforts and contributions of workers towards organisational success. On the other hand, bringing a positive organisational culture change would support in retaining loyal and committed employees and attracting new employees which would contribute towards attaining business objectives (Alas and Vadi, 2006). Moreover, bringing change in Walmart’s organisational culture would assist in controlling the chaos and conflict between the workers which could be helpful in providing the quality and timely services to all range of customers (Škerlavaj,Štemberger and Dimovski, 2007).
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