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...
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