Financial Implications of Resistance To Change (RTC)

ISBN-13: 9783845428253 / Angielski / Miękka / 132 str.

Diana Galimuna Cassel

Opis

Globalization era has imposed a way more uncertain and complex market environment for organizations to compete on. Change has been, is, and will be occurring, since this is the only way organizations can remain competitive and/or battle for a higher market share, maximum resource utilization, and improved capacity to generate revenue. Simultaneously, Resistance To Change (RTC) will follow the change as its shadow. This study undertook and integrated before and after the Merger and/or Acquisition (M&A, which is considered radical change): 1) financial evaluation face-to-face interviews, 2) financial analysis, and 3) RTC survey, of two Kosovar organizations in order to establish financial performance RTC link. Triangulation was used to analyze the data and enable multifaceted and as precise as possible interpretation. The findings suggest that poor/lack of: 1) proper strategic management approach, 2) effective communication throughout the organization, 3) relevant employee participation, 4) managerial/leadership support, and 5) measurements and accordingly rewarded change acceptance, during the transition can result to high RTC and consequently to lower financial performance

O autorze

Diana Galimuna Cassel is a highly skilled business professional with a versatile skill set derived from over 16 years of combined experience as a consultant, financial analyst, office manager, program officer, and project manager in worldwide locations. She holds an MBA degree in Finance at The University of Sheffield.