Adapting to Change in Small Bakeries: Strategies for Growth

The Impact of Change Management in Small Bakeries

By [Student’s Name]

Course Code and Name

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University

City and State

1.0 Introduction

Global market changes as well as large organizations’ competitive strategies tend to exert pressure on Small and Medium sized Enterprises (SMEs) in terms of innovation and their capabilities (Paul, 2020). Thus, it is a continuous tactical and strategic battle for SMEs to compete in the ever-changing external environment and industries today (Bouwman, Nikou, and de Reuver, 2019).

Businesses such as small bakeries should take advantage of the available opportunities for growth and sustainability in the long run. This report will examine the strategies used by a small family bakery to manage change, how it can tackle innovation and technology threats from larger organizations, and the initiatives that the bakery can learn from large organizations like Greggs.

2.0 Strategy for Change Management2.1 Change Management Practices…