MGMT13-307 Final: Concepts of Strategy Final Exam Notes
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E. g. organisational structure, processes, culture and people: narrow: specific organisational aspect, amplitude of organisational change, high: new business system, organisational culture, structure, processes or people are a radical departure from he previous situation, low: the step proposed is a moderate adjustment to the previous circumstances. The evaluation of changes can involve a range of variables: reactions, learning, behaviour, outcomes, when the change is institutionalized, it becomes a permanent part of the organisational system, a number of factors can inhibit institutionalization, especially for complex change programs. Attributes of successful acquisitions: acquired firm has resources, capabilities or core competencies that are complementary to the acquiring firm"s core business, acquisition is friendly (as opposed to unfriendly takeover, acquiring firm carefully selects target firm, acquiring firm has financial slack (cash/favourable debt position, merged firm has low to moderate debt position, acquiring firm emphasizes r&d and innovation, acquiring firm manages change well, is flexible and adaptable.
