Marks and Spencer chief executive, Steve Rowe, is optimistic about the pending changes for the retail company. According to the M&S exec, the organization is expected to become much simpler and more effective upon implementation of the plans. These plans are likewise designed for the recovery and growth of the business.
Proposing change is never an easy task for businesses, especially those that impact the lives of their employees. However, hard as it may seem, the outlined proposals for job cuts is an absolute necessity. It is also a step for building a different Marks and Spencer. Changes in the company allow faster and bolder decision making which is more profitable for business growth. Most importantly, it is designed to ultimately serve their growing clientele better than ever.