Change Management in Transition Economies: Integrating by Heinz-Jürgen Stüting, Wolfgang Dorow, Susanne Blazejewski,

By Heinz-Jürgen Stüting, Wolfgang Dorow, Susanne Blazejewski, Frank Claassen

This ebook investigates the suggestions and tools for dealing with swap in businesses striving towards a industry orientation in Poland. the focal point is at the identity of things, that have resulted in the huge luck of convinced companies, regardless of the very dynamic atmosphere in transformation international locations given that 1989. The research considers difficulties and strategies for all of the suitable stakeholder relationships. even supposing the case research is basically in keeping with Poland, the booklet additionally includes study papers at the monetary, political, and social context of doing company in crucial and japanese Europe.

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Change Management in Transition Economies: Integrating Corporate Strategy, Structure and Culture

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The use of parallel cases from three countries also helped to guard against bias, especially as the cross-country comparisons were accompanied by efforts to match some firms across countries by sector, size or ownership type. Nevertheless there may have been an element of self-selection in the sample because firms that were doing well in the transition were perhaps more willing to participate in the survey than those that were likely to fail. While such self-selection would pose problems for some types of analysis, the purpose of this inquiry was to identify the commonalities in behaviour that existed among firms that appeared to be restructuring successfully.

Official statistical data and the TWG’s consultancy experience and surveys indicate an increased trend towards a high degree of decision-making autonomy and a controlling share among German investors. The main reasons for this development are as follows: Poland’s continuing political and economic stability has created confidence among German investors about their medium- to long-term prospects. Increasing market know-how has enabled German firms to rely on their own skills and resources. The majority of German enterprises have moved away from the cautious strategy they adopted during the early exploratory stages and are actively engaging in market development.

The first privatization programme of this kind was proposed by two Polish economists: Jan Szomburg and Janusz Lewandowski (minister of ownership transformation in the Polish government in the early 1990s). The idea failed to gain sufficient political support in Poland, but it was enthusiastically received by Vaclav Klaus, the Czech minister of finance, and as a result the Czech Republic became the first country in Central and Eastern Europe to carry out a mass privatization programme. The latter, called ‘Kuponovká, was conducted in the years 1992 to 1993.

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