Transformational Change Management PlanYou will create an entire Transformational Change Management Plan for a medium-sized public company that has lost business to a competitor that has chosen to outsource much of its production operations. The company has been based in a small Midwestern town, it is one of the largest employers, and it has an excellent reputation for employee welfare. It is now planning to do the very same offshoring, which will involve large lay-offs of long-term employees.500 words with a minimum of 2 scholarly referencesCreate an APA title page and the following sections:Introduction (250 words) You will research and find an example of a firm that is going through the transformational change of offshoring much of its production activities. The first part of the plan will be the Introduction. Context for the introduction includes the following:What is offshoring?How were the stakeholders affected?What initiated the change?How well has it been received or accepted, and why?What is driving the need for this transformational change? (250 words)Why is this considered a transformational change?Why can the firm not just keep doing what it has been doing?What is management’s role in the transformational change?Are there easier alternatives to accomplish the goal of remaining competitive?
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