Workers of Market Basket Go on Strike: Current Event Term Paper

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Current Event: Workers of Market Basket Go on Strike

Managers often face numerous challenges in the management of the affairs of the companies that they lead. Some of the most common challenges faced by managers have got to do with employee remuneration, employee motivation, change management, talent management, etc.

Two months ago, the employees of Market Basket, a supermarket chain, downed their tools and went on strike in response to an issue that caught many, especially management experts, by surprise: the dismissal of the chain's C.E.O. The workers were seeking the restatement of Arthur T. Demoulas, the chain's C.E.O, who had been fired from the supermarket amid power struggles featuring family members overseeing the management of the chain. According to industry analysts, what took place "at Market Basket is particularly unusual because the workers are not asking for higher pay or better benefits" (AP Reporter, 2014). The whole debacle brings to the fore one of the key challenges faced by the management of companies, i.e. change management. It is clear that the employees of Market Basket were not too happy with the changes being instituted at the managerial level.

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It is for this reason that they went on strike, demanding that the C.E.O. be immediately reinstated. This is a clear instance of resistance to change on the part of employees.

Reasons of Resistance to Change

There are numerous reasons as to why people resist change. In the words of Hellrigel and Slocum (2008, p. 501), "change involves moving from the known to the unknown." Change brings about some unfamiliar feelings. For instance, with regard to the employees of Market Basket, the change of their long serving C.E.O. made the future uncertain for them. They perhaps feared that a new management would bring unfavorable changes to the way things are done at the supermarket chain. Worse still, they could have feared that in seeking a greater return for shareholders, the new C.E.O would engage in some kind of cost cutting and retrench them.

As Hellrigel and Slocum (2008) point out, resistance to change could either be covert or overt….....

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Latest APA Format (6th edition)

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"Workers Of Market Basket Go On Strike Current Event" (2014, October 26) Retrieved May 22, 2025, from
https://www.aceyourpaper.com/essays/workers-market-basket-go-strike-current-193099

Latest MLA Format (8th edition)

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"Workers Of Market Basket Go On Strike Current Event" 26 October 2014. Web.22 May. 2025. <
https://www.aceyourpaper.com/essays/workers-market-basket-go-strike-current-193099>

Latest Chicago Format (16th edition)

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"Workers Of Market Basket Go On Strike Current Event", 26 October 2014, Accessed.22 May. 2025,
https://www.aceyourpaper.com/essays/workers-market-basket-go-strike-current-193099
   

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