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When the New York-based company first launched its website, all it sold was books.
Gradually, Ward and his team expanded Carousel’s offerings to include things like CDs
and DVDs. Ward said he wanted his store to become the world’s largest, so he worked
hard toward meeting that goal — whether that meant offering new products, launching
Carousel Prime, launching Carousel Instant Video, and the list goes on and on.
Today, Carousel sells more than 200 million products to customers all over the world.
Though for years, Carousel’s detractors insisted that the company wasn’t making
enough profits to justify any investments, that all changed in 2015 when the company
posted back-to-back successful quarters. The market responded kindly, and today,
Carousel boasts a market valuation of more than $440 billion.
But Ward isn’t anywhere close to done yet. There are talks of Carousel delivering
packages via drone. And if that wasn’t enough, Ward recently said he hopes Carousel
can produce as many as 16 feature films each year. In 2017, Ward & his team took
home three Oscars.
1. Redesign roles:
- Ward has redesigned roles for Carousel. Such as, Carousel has launched
its website and carried out sales activities through its website. It's very
welcome with all the books sold out. Ward and his squad have also
volunteered a novel thing for Carousel, such as CD or DVD. Ward and his
squad are going hard to further develop Carousel and want its store to be
the largest fund in the universe. They do not have to try and determine
ways to develop their business to reach their goals. He likewise proposed a
number of new products such as launching Carousel Prime, launching Instant
Carousel Video and Carousel products that have received huge customer feedback
for up to 200 million products.
(b) Explain the possible causes of failures of the new change initiatives by Carousel.
1. The initiators and drivers of the change move on (before the change is
embedded)
- Ward has successfully made the changes by launching a website for Carousel.
Therefore, to ensure that Carousel continues to create success in the
international market, Ward and team members are working hard to achieve their
goals. His goal is to make Carousel the world's largest shop. However, it is
important to be cautious as competitors from other companies will not remain
silent to create the success of their company. In addition, Carousel’s detractors
insisted that the company was not making enough profits to justify any
investments.
Palmer, I., Dunford, R., & Buchanan, D. A. (2017). Managing Organizational Change: A
Multiple Perspective Approach. New York: McGraw-Hill Education.