1. Introduction The level of competition in the global marketplace has become highly intensive and this fact is resulting in mergers and acquisitions between companies across countries and continents. There is no dispute that “mergers and acquisitions are a vital … Continue reading
Literature review has identified a set of factors that are able to trigger cultural changes. These factors causing cultural change have been found as leadership change, technological developments, mergers and acquisitions and others. Discussions of each of these factors … Continue reading
Introducing change and improvements regularly in various business processes has become one of the basic conditions of survival in a competitive global marketplace of today. However, even when the importance and necessity of change is understood by many its implementation … Continue reading
“Since the environment is dynamic, it is important for the organisation to change itself to make it compatible” (Pathak, 2011, p.23).Taking into account specific organisational characteristics associated with the business and on the basis of popular strategic change management models, … Continue reading
Organisational stakeholders of business need to be involved in planning strategic changes. The extent of involvement of each type of stakeholder in the planning of the change depends on a range of factors such as their influence, their importance, and … Continue reading
One of the most popular theories related to the topic of change is Lewin’s Force-Field Theory of change according to which there are two forces affecting to change at the same time (Rickards, 1999). There are driving forces that positively … Continue reading
Implications of Individual Resistance to Change. Because of the highly competitive nature of today’s local and global business environment constant change has become an integral part of any business strategy. Companies that refuse to change constantly according to the changing market … Continue reading