Detailed summary of the lectures and sheets of the course Strategy Implementation, for the master Strategic Management at Tilburg University. The articles are spread around the summary, as handled in the lectures.
,Lecture 1 – Change management
The challenges of achieving strategy
1. Different scope than analysis
2. Need for coherence/alignment
3. Complexity
- Interactions
- Number of elements
Requirements for an organization to be successful
1. Knowledge – information
2. Motivation – control- organization – change management
3. Performance
Knowledge
Information driven process
- Internal knowledge
- Processes
- Competences
- People
- External knowledge
- Customers
- Partners
- Competitors
Information needs
Top management
Progress in
Intended Emerging
Strategic achieving
strategies and threats and
domain intended
plans opportunities
strategies
Lower organizational levels
,Relationship between costs and the value of providing additional financial information
Values or costs
Costs
Value
Quantity of information
Leading the change
Many (50%-70%) organizational changes fail. The most occurring reasons are:
- Lack of clearly defines and/or achievable milestones and objectives
- Lack of commitment by senior management
- Poor communication
- Employee resistance
- Insufficient funding
Strategic drift
Amount of change
Environmental
change
Time
Phase 1 Phase 2 Phase 3 Phase 4
Incremental Strategic drift Flux Transformational
change change or death
, Organizational changes
Nature What is changing? Examples
Merger/acquisition Products, markets, work, Daimler-Chrysler
organization, structure,
culture, power structure, …
Strategy Goals and resources ‘’Intel-Inside’’ built a brand
image for microprocessors
(1991)
Governance/authority Power structure Renault
(privatization)
Diversification Products, markets Compagnie Générale des
Eaux (CGE) / Vivendi
Methods, tools Work organization Ford (total quality)
Market evolution/technology Products, markets, work Kodak (digitization)
organization, structure, …
Legislation Environment, … Brexit
Restructuration Power structure, resources Teva France (downscaling
50%)
The challenge of organizational change
As the rate of change in the business environment continues to increase, the premium on
organization’s being able to change is growing ever more significant.
Organizations are built to be stable. As a result, most efforts at designing and managing
organizational change are dismal failures.
Strategic change
Off-the-shelf
solutions or Implementation
Change outcomes
change agent strategy
preferences
Types of change
1. Reactive change (high urgency)
- Closing a performance gap
- What is and what should be
2. Proactive change (low urgency)
- Closing an opportunity gap
- What is and what could be
Lewin’s three organizational change phases
1. Mobilization phase
- Make the case for the change initiative
- Build the organizational capacity for change
2. Movement phase
- Build momentum for change initiative
- Preserve and continue to build organizational capacity for change
3. Sustain phase
- Institutionalize change initiative
The benefits of buying summaries with Stuvia:
Guaranteed quality through customer reviews
Stuvia customers have reviewed more than 700,000 summaries. This how you know that you are buying the best documents.
Quick and easy check-out
You can quickly pay through credit card or Stuvia-credit for the summaries. There is no membership needed.
Focus on what matters
Your fellow students write the study notes themselves, which is why the documents are always reliable and up-to-date. This ensures you quickly get to the core!
Frequently asked questions
What do I get when I buy this document?
You get a PDF, available immediately after your purchase. The purchased document is accessible anytime, anywhere and indefinitely through your profile.
Satisfaction guarantee: how does it work?
Our satisfaction guarantee ensures that you always find a study document that suits you well. You fill out a form, and our customer service team takes care of the rest.
Who am I buying these notes from?
Stuvia is a marketplace, so you are not buying this document from us, but from seller younesraoui. Stuvia facilitates payment to the seller.
Will I be stuck with a subscription?
No, you only buy these notes for $9.00. You're not tied to anything after your purchase.
