Successful Organizational Change Through Overcoming Risks

Change Management and the Human Factor: Advances, Challenges and Contradictions in Organizational Development, edited by F. E. P. Dievernich, K. O. Tokarski & J. Gong, Springer Verlag, Berlin, pp. 129-152

22 Pages Posted: 7 Mar 2018

See all articles by Matthias Georg Will

Matthias Georg Will

Martin Luther University of Halle-Wittenberg - Faculty of Economics and Business Administration

Date Written: October 20, 2014

Abstract

Organizational change typically implies risk for affected staff, who, consequently, will resist such change. A review of literature on this subject indicates that no appropriate framework has been developed for implementing challenging organizational change that looks after the interest of a risk-averse staff. We apply a model that illustrates the extent to which change managers can implement organizational change that is acceptable to the staff. Our model highlights three possible methods of implementation: (1) compensation for additional risks, (2) governance structures to reduce individual risks, and (3) governance structures to reduce the individual impact of risks. Our model also defines the conditions under which information, communication, and participation become effective tools for mitigating the challenge of risky organizational change.

Keywords: Resistance, Risk, Change Management, Organizational Change, Governance Structures

JEL Classification: D81, D29, L23, L25

Suggested Citation

Will, Matthias Georg, Successful Organizational Change Through Overcoming Risks (October 20, 2014). Change Management and the Human Factor: Advances, Challenges and Contradictions in Organizational Development, edited by F. E. P. Dievernich, K. O. Tokarski & J. Gong, Springer Verlag, Berlin, pp. 129-152, Available at SSRN: https://ssrn.com/abstract=3135760

Matthias Georg Will (Contact Author)

Martin Luther University of Halle-Wittenberg - Faculty of Economics and Business Administration ( email )

Germany

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