Explain You are a manager in a financial service organization that is being directed by higher management to change the instruments that are to be serviced and the registration process that has been utilized so the company can become a world class firm. Some of the commissions (fees) the staff receives for processing certain securities are going to be changed.

Although not formally proclaimed to the employees some details of the new arrangement have been leaked. Some of your staff has told you that these variations will result in illegal actions being taken. To protest all these changes and rumoured layoffs the staff has slowed down its production. Some of the staff have quit.

What leadership stages would you take to assure a good effective change to the new arrangement as well as make sure that the staff remains productive with high morale? 250 words