Failure as a Chance. Managing Organizational Change after Corporate Scandals

Failure as a Chance. Managing Organizational Change after Corporate Scandals PDF Author: Vanessa Ostertag
Publisher: GRIN Verlag
ISBN: 3668860718
Category : Business & Economics
Languages : en
Pages : 45

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Book Description
Bachelor Thesis from the year 2014 in the subject Business economics - Business Management, Corporate Governance, grade: 1.0, LMU Munich, language: English, abstract: This paper deals with structural challenges arising for organizational change after corporate scandals. Corporate scandals have become an increased phenomenon and corresponding information spreads progressively fast in times of digital and social media. These can pose an extreme threat to organizations’ legitimacy and reputation and thus, endanger their performance and survival chances. Nevertheless, there are still many examples of ‘bad handling’ and organizations seemingly do not know how to cope with such incidents correctly. The way organizations and their environments perceive and respond to a scandal constitutes a decisive factor concerning its outcome and consequences. Despite the extreme threat and inevitable harm that arise out of corporate scandals, they can be seen as triggering events that generate a chance for fundamental and beneficial organizational change. The corresponding literature on crisis management focuses on response strategies to improve perceptions of the organization. To substantially solve and permanently prevent the reoccurrence of such an incident, however, fundamental change in the organization’s practices and behavior is necessary. This research question is addressed with an integrated approach to exploit both, knowledge from theory on crisis and change management as well as business practice and reality. In order to develop practical guidelines for organizations and to demonstrate how theoretically developed recommendations may look like and can be implemented in practical reality, this paper includes a case study. The theoretical approach is thereby enriched by an analysis of the Siemens AG after their bribery scandal in 2006. As result of the research, a framework is developed that should serve as a guideline for an effective handling of corporate scandals. Therein, implications from theory and practice are combined and both, the organization’s direct response to the scandal as well as the management of the subsequent change, are considered. The main goal of this response and change effort is to recreate a perception of integrity to regain support both from the outside as well as from the organization’s inside.

Managing Business Risk

Managing Business Risk PDF Author: Jonathan Reuvid
Publisher: Kogan Page Publishers
ISBN: 9780749442286
Category : Business & Economics
Languages : en
Pages : 268

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Book Description
Ensuring business continuity through the effective management of risks has become a boardroom preoccupation. This book highlights the key areas of concern and identifies best practice in risk management for companies large and small.

Risk Management Using Failure Mode and Effect Analysis (FMEA)

Risk Management Using Failure Mode and Effect Analysis (FMEA) PDF Author: Dean H. Stamatis
Publisher: Quality Press
ISBN: 1951058704
Category : Technology & Engineering
Languages : en
Pages : 113

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Book Description
Risk is everywhere. It does not matter where we are or what we do. It affects us on a personal level, but it also affects us in our world of commerce and our business. This indispensable summary guide is for everyone who wants some fast information regarding failures and how to deal with them. It explores the evaluation process of risk by utilizing one of the core methodologies available: failure modes and effects analysis (FMEA). The intent is to make the concepts easy to understand and explain why FMEA is used in many industries with positive results to either eliminate or mitigate risk.

Managing Organizational Change

Managing Organizational Change PDF Author: Ian Palmer
Publisher: Irwin/McGraw-Hill
ISBN: 9780071263733
Category : Organizational change
Languages : en
Pages : 0

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Book Description
This book "provides managers with an awareness of the issues involved in managing change, moving them beyond "one-best way" approaches and providing them with access to multiple perspectives that they can draw upon in order to enhance their success in producing organizational change. These multiple perspectives provide a theme for the text as well as a framework for the way each chapter outlines different options open to managers in helping them to identify, in a reflective way, the actions and choices open to them."--Cover.

Managing Organizational Culture for Effective Internal Control

Managing Organizational Culture for Effective Internal Control PDF Author: Jan A. Pfister
Publisher: Springer Science & Business Media
ISBN: 3790823406
Category : Business & Economics
Languages : en
Pages : 256

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Book Description
In times of economic and financial crises, the content of this book rings true. Drawing from interviews with executives, senior managers and/or auditors from renowned companies (eBay, Google, Hewlett Packard, Intel, Levi Strauss & Co., Microsoft, Novartis and many others) and theory from fields of sociology and social psychology, this research study provides an understanding of how "tone at the top" imprints on an organization and why that imprint works. More specifically, it discusses how managers' principles and practices can actively shape an open-minded culture that enhances effective internal control.

The Complete Guide to Business Risk Management

The Complete Guide to Business Risk Management PDF Author: Kit Sadgrove
Publisher: Routledge
ISBN: 1000152065
Category : Business & Economics
Languages : en
Pages : 774

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Book Description
Risk management and contingency planning has really come to the fore since the first edition of this book was originally published. Computer failure, fire, fraud, robbery, accident, environmental damage, new regulations - business is constantly under threat. But how do you determine which are the most important dangers for your business? What can you do to lessen the chances of their happening - and minimize the impact if they do happen? In this comprehensive volume Kit Sadgrove shows how you can identify - and control - the relevant threats and ensure that your company will survive. He begins by asking 'What is risk?', 'How do we assess it?' and 'How can it be managed?' He goes on to examine in detail the key danger areas including finance, product quality, health and safety, security and the environment. With case studies, self-assessment exercises and checklists, each chapter looks systematically at what is involved and enables you to draw up action plans that could, for example, provide a defence in law or reduce your insurance premium. The new edition reflects the changes in the global environment, the new risks that have emerged and the effect of macroeconomic factors on business profitability and success. The author has also included a set of case studies to illustrate his ideas in practice.

Safety Culture and High-Risk Environments

Safety Culture and High-Risk Environments PDF Author: Cindy L. Caldwell
Publisher: CRC Press
ISBN: 1351979353
Category : Business & Economics
Languages : en
Pages : 165

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Book Description
This book provides leaders in high risk industries a better understanding of how their values and behaviors can influence the organization's safety culture and improve its capacity to bounce back from failure. Examples are illustrated through case studies and practical tools are provided to evaluate and improve an organization's culture by improving leadership capability. This unique book integrates the areas of safety culture and high reliability from the perspective of leadership in a work team environment. Readers of the book will get a fresh perspective on safety culture and reliability that can be translated into practical steps for improving their organization through its leadership.

Performance Measurement and Management for Engineers

Performance Measurement and Management for Engineers PDF Author: Michela Arnaboldi
Publisher: Academic Press
ISBN: 0128019204
Category : Business & Economics
Languages : en
Pages : 197

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Book Description
Performance Measurement and Management for Engineers introduces key concepts in finance, accounting, and management to project managers who have engineering backgrounds. It focuses these basic concepts on issues of measuring and managing enterprise value. Thus, after defining enterprise value, the book begins by explaining the ways and means of measurement. It then takes up financial measurement, describing and analyzing the typologies of financial indicators while illustrating their advantages and disadvantages. After focusing on measuring enterprise value, the second section takes up managing that value. Like the first, it pursues a double view: using indicators for internal control while employing them to analyze other companies. If engineering project managers possess a source of quantitative and qualitative information about business management, Performance Measurement and Management for Engineers will help them increase their contributions to the business. - Explains how main performance indicators are related to the value of the company - Reveals how to assess the financial needs of companies in relation to their financial goals and mechanisms (e.g., equity, debt, and hybrid) - Describes key information and indicators for assessing the ability of enterprises to create value across time - Indicates the profitability sources of different business units

Bankruptcy and Reorganization in the Digital Business Era

Bankruptcy and Reorganization in the Digital Business Era PDF Author: Özsungur, Fahri
Publisher: IGI Global
ISBN: 1668451824
Category : Law
Languages : en
Pages : 318

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Book Description
The arrangement of bankruptcy, which is a critical issue for the debtors whose financial structure has deteriorated, protects the debtors from bankruptcy and enables the creditors to collect their receivables, albeit partially. Although the concordat is intended to protect bona fide debtors and creditors, it can be said that payments not made during the concordat deadlines put the creditors in financial distress and harm the economy at the macro level. In this context, it is necessary to examine the subject in depth to prevent abuse of concordat requests and to obtain better results both legally and financially. Bankruptcy and Reorganization in the Digital Business Era examines the basic structure of the arrangement of bankruptcy within various countries and the evaluation of the financial results of the enterprises that have declared the arrangement of bankruptcy. Covering key topics such as economics, financial distress, risk management, and banking, this premier reference source is ideal for business owners, managers, industry professionals, researchers, scholars, academicians, practitioners, instructors, and students.

Influencing Organizational Effectiveness

Influencing Organizational Effectiveness PDF Author: Linda Holbeche
Publisher: Taylor & Francis
ISBN: 1317808851
Category : Business & Economics
Languages : en
Pages : 357

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Book Description
In this book Linda Holbeche offers an historical narrative on the changing landscape of work since the 1980s and considers how definitions of organizational effectiveness have changed over time. She considers the characteristics and effects of the neo-liberal work culture of new capitalism, and how HRM practices have contributed to shaping this work culture. Influencing Organizational Effectiveness challenges mainstream thinking around business strategy, change and organizational effectiveness, and about the roles of HRM and management. While the overall tone of the book is critical, Holbeche argues that HRM can play an active role in giving voice to employees and advancing organizational effectiveness. Grounded in research, this book includes reflective questions, case studies and helpful guidelines to support HRM and organizational development professionals and master's-level students. It illustrates what ‘better’ might look like and how HRM can contribute to a new definition of effectiveness which is aligned to the needs of modern organizations.