MERGER INTEGRATION
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Leadership in uncertainty and in times of poly crisis
The German leadership debate thrives on contrasts. For years, organizations considered the empathetic, approachable, and coaching-oriented leader the ideal. Now the pendulum seems to be swinging back: In the face of economic stagnation, geopolitical uncertainty, technological disruption, and painful restructuring, there is suddenly talk of a “new toughness.” So do Germany’s companies now need tougher…
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Getting Stalled Projects Back on Track
At first, everything sounds logical: a new ERP system like SAP S/4HANA, AI integration, a new planning model, a digital shop floor or supply chain solution. Everything brings benefits, and potential risks seem manageable. A few months later, however, the “all green, two yellow” reports come to an end. Instead, there are no solid success…
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Overcoming Change Overload
According to Gartner Research, the average employee is faced with as many as ten enterprise-wide change initiatives per year. They can span from restructuring to achieve efficiencies, from a culture change to new work or a new IT system. Yet, even positive, well-intentioned changes can overwhelm employees when the volume or pace of projects is…
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How to make change work in large organizations
In large organizations, an average of 70 to 85 per cent of all change initiatives fail. According to our many years of experience, this is particularly due to a lack of social and emotional aspects like insufficient empathy and motivation skills of executives (in addition to other reasons why transformations fail). We recently had the…
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Corporate Heritage in Change Initiatives
Corporate heritage is a company’s intangible legacy. It is its history. It is the sum of its employees’ stories, which reflect the company’s values and culture. Anyone planning a restructuring, a post-merger integration, a culture change, or other changes should conceptually incorporate corporate heritage from the very beginning. This is because it plays a key…
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Restructuring, Turnarounds, PMI in Aerospace
Restructuring is an important management tool. Those who plan it should also carefully prepare for its socio-psychological aspects. Particular attention must be paid to the organization’s collective memory and to ensuring that teams identify as strongly as possible with their company. With these aspects in mind, we examine the eventful restructuring of the German aerospace…