An important aspect of a change management strategy is to consider how different alternatives may impact future outcomes. Organizations often use the business case method to explore strategic alternatives as it helps simulate a real situation. Such simulations help with identifying business issues and provide critical information that organizations can then use to arrive at their own conclusions.
The VP of business development has asked you to analyze other organizations that have gone through the exit process. Doing so will help you identify common risks, challenges, and best practices related to mergers and acquisitions and apply this knowledge to guide the change management strategy of the life sciences organization. For example, if two merging organizations have extremely different communication styles or organizational cultures, it may often lead to conflict between the management and the employees. The same is true when one organization is acquiring another organization. Therefore, it is important that you identify all potential risks and challenges and include the best practices to avoid similar conflicts in your organization after it has been acquired.
You have decided to research a business case that may help you learn from the experiences of another organization.
The focus of your analysis should be on change management and the associated best practices that impacted the transformation of the organization in the case.
Prompt
Review the case study Bumpy Road Ahead: The Automotive Interiors Merger That Wasn’t. Next, consider the following steps to complete your analysis of the automotive case and apply your findings from the case analysis to your work in the life sciences organization in the course scenario.
Specifically, you must address the following criteria:
Case Study Review
Provide a brief overview of the two organizations in the case study that addresses the following:
Identify common characteristics of each organization.
Explain how the products and services of the two organizations differ.
