Assignment ? WeaveTech: High Performance Change case study Assignment ? WeaveTech: High Performance Change case study You will analyze the WeaveTech: High Performance Change case study in order to develop a proposal. You will have to consider the important aspects of the company within the case study when formulating the proposal. When developing your proposal, make sure that all elements align with the mission, vision, and goals of the organization. Be sure to support your proposal with appropriate scholarly sources. For Milestone Four, you will be required to evaluate the risk management programs and procedures implemented at WeaveTech in order to develop a strategy for organizational change. Your strategy must consider risks and due diligence activities associated with mergers and acquisitions that would be relevant for this organization. Your evaluation and strategy should take into account both the technical and behavioral changes that the organization will face now and in the future. Be sure to focus on how organizational change will impact the personnel of the organization. Your submission should contain all of the elements for Section IV of your final product, including all of those listed below. Your instructor will grade your submission using the rubric below and will provide feedback to be applied to the final project. ORDER YOUR PROFESSIONAL PAPER HERE Begin by analyzing WeaveTech using the following guiding questions for your analysis. Then, once your analysis has been completed, develop a strategy for organizational change based on your evaluation of WeaveTechâs risk management programs and procedures, and organizational change efforts in providing a competitive organizational advantage. Make sure your draft thoroughly covers each of the critical elements listed in A through G below the guiding questions. 1. What are the potential legal risks associated with the downsizing situation facing WeaveTech? 2. How are these risks similar to or different from those in a merger or acquisition? 3. What policies should be developed to mitigate these risks? 4. What due diligence would occur during a downsizing, merger, or acquisition? 5. Describe the change management issues that would occur during a downsizing, merger, or acquisition. 6. What change management model would be most effective for WeaveTech to utilize? Why? Specifically, the following critical elements must be addressed: IV. Risk Management and Organizational Change: In this part of the assessment, you will evaluate the risk management programs and procedures in this organization. You will also evaluate organizational change efforts in providing a competitive organizational advantage. Be sure to focus on how organizational change will impact the personnel of the organization. A. Evaluate the risks that should be mitigated in a merger with another organization, the acquisition of another organization, or downsizing an organization. B. Evaluate how the organization will protect employee and organizational data and safeguard against potential legal liabilities. C. Explain the types of policies that should be developed for this organization to address potential risks. For example, you could address policies regarding privacy policies, social media, and so on. D. Describe the appropriate due diligence activities related to mergers and acquisitions that would be relevant for this organization. ï??E. Explain the change management that would occur in a merger with another organization, acquisition of another organization, or in downsizing an organization. F. Evaluate a change model used by the organization for its potential effectiveness. Your evaluation should take into account both the technical and behavioral changes that the organization will face now and in the future. G. Develop a strategy for organizational change that aligns with the needs of the organization and its employees. Assignment ? WeaveTech: High Performance Change case study Order Now

EXTRA INSIGHTS 

What due diligence would occur during a downsizing, merger, or acquisition?

Introduction

A downsizing, merger, or acquisition is a stressful time for any organization. It’s important to make sure you’re doing everything possible to protect your business by taking all necessary steps during the process. Below we’ve outlined some of the most common types of due diligence that should be conducted during these times:

Financial due diligence

Financial due diligence is the process of assessing the financial health of a company and its operations. This can be done by an auditor, who is usually hired by the buyer or seller to perform financial due diligence on their target.

Financial due diligence usually occurs before an acquisition or merger because it’s important for buyers to understand what they’re getting into with a potential purchase. If you’re buying someone else’s business, it could be more expensive than you might think!

Regulatory due diligence

Regulatory due diligence is a process used to identify and assess the regulatory risk associated with a target company, its industry and its products. It’s also one of the key elements of an acquisition process, especially when it comes to mergers and acquisitions (M&A).

Regulatory due diligence can be performed before an M&A deal is finalized or after it has been executed. The purpose of these procedures are:

• To identify any potential issues that might arise from merging two companies into one;

• To evaluate how well prepared each party is for compliance with existing regulations; and/or

• To determine if there are any outstanding fines or penalties that need to be paid before closing on an acquisition

Legal due diligence

• Review of company contracts.

• Review of company policies and procedures.

• Review of the intellectual property (IP) owned by a business or its subsidiaries, including patents and trademarks.

• Reviewing compliance with regulatory requirements, such as those issued by the SEC and FINRA regarding financial disclosures made to investors, SEC rules for publicly traded companies that require periodic reporting on their internal controls over information systems (including information security breaches), E-Government Act mandates on online filing requirements for federal tax returns as well as other state laws that impact how businesses run themselves internally within a legal framework set forth by Congress.*

Operational due diligence

Operational due diligence, also known as operational risk due diligence or ODR, is a process that assesses the business’s ability to operate safely and effectively. It looks at your organization’s processes and procedures in order to determine whether they are up-to-date and effective.

ODR helps you understand how your company performs at all levels—from financial management, human resources management (HR), IT/technology operations/security infrastructure security, internal audit procedures and controls over financial reporting systems (FRSs). Operational risk assessments can help identify areas where improvements need to be made before an acquisition takes place or when there are redundancies among departments within an organization following a merger or downsizing event

Information systems and technology due diligence

• Identify systems and processes.

• Identify system dependencies.

• Identify security risks, including potential vulnerabilities in IT systems, processes and controls; external threats to information systems that may include cyberattacks or data breaches; and internal threats such as fraud, abuse or theft of data or equipment (including laptops).

• Determine if any IT governance requirements need to be updated based on the merger/acquisition (e.g., change management planning).

• Determine if there are any outsourcing arrangements that have been made with third parties; these could impact your organization’s ability to maintain critical functions during a downsizing/merger process or takeover by another company.* Determine what service level agreements (SLAs) exist for individual services such as email delivery and backup storage space usage

Takeaway:

The takeaway from this article is that due diligence is an important part of any business transaction. It’s also important to consider what kind of due diligence you’ll need and how much time it will take before making a decision on whether or not to move forward with a particular deal.

Conclusion

Due diligence is a critical part of the M&A process. It helps ensure that you are acquiring the best possible company for your business, which in turn can lead to success and growth. Remember, if you’re in a position to acquire another company, it’s not just about what they have going on now but also about how they handle their future potential acquisitions or mergers within their industry.

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