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...tive advantage. They have lost several of their best employees because their trust for management is depleted. They have had a difficult time attracting top talent to fill vacant positions because the stories of the layoff precede them. Parnell (2014) voiced that changing a strategy is often easier than changing a culture. The subculture of the region is damaged and the only way to fix it will be for the current management to recognize the need for change, develop a new strategy, and relay a new shared vision to the employees of the region. Hopefully, with those changes, the region will be revived to the status it once achieved. In the future, if any retrenchment strategies are to be implemented, the organization desperately needs to ensure that they are done correctly to avoid much of the disastrous after effects that has almost ruined the region this time around.
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