Implementing and Institutionalizing Organizational Change: Key Steps in Change Management – An Empirical Study in a Multinational IT&C Company

Maria Metz () and Alexandra Gontean ()
Additional contact information
Maria Metz: „Babes-Bolyai” University of Cluj-Napoca, Romania
Alexandra Gontean: „Babes-Bolyai” University of Cluj-Napoca, Romania

Ovidius University Annals, Economic Sciences Series, 2024, vol. XXIV, issue 2, 410-415

Abstract: Numerous specialists argue that the current rate of organizational transformation is unparalleled, with businesses evolving more rapidly than at any point in history. Major organizational change is challenging, as the stakes involved are generally very high and the time available for implementation is still limited. Simultaneously, the success rates of significant organizational change initiatives remain surprisingly low, even when considerable effort is invested, which is driving change management to become increasingly comprehensive and systematic, flexible and adaptive. In this study, we aim to identify and analyze the key factors that influence the effectiveness of initiating, planning and implementing change in business environment companies, along with the change management practices that facilitate the institutionalization of change, as exemplified steps in an IT&C company.

Keywords: organizational change; change management; implementation; institutionalizing change (search for similar items in EconPapers)
JEL-codes: M10 M15 (search for similar items in EconPapers)
Date: 2024
References: Add references at CitEc
Citations:

Downloads: (external link)
https://stec.univ-ovidius.ro/html/anale/RO/2024i2/Section%204/10.pdf (application/pdf)

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:ovi:oviste:v:xxiv:y:2024:i:2:p:410-415

Access Statistics for this article

Ovidius University Annals, Economic Sciences Series is currently edited by Spatariu Cerasela

More articles in Ovidius University Annals, Economic Sciences Series from Ovidius University of Constantza, Faculty of Economic Sciences Contact information at EDIRC.
Bibliographic data for series maintained by Gheorghiu Gabriela ().