Unternehmenskultur im Fusionsprozess von Genossenschaftsbanken

2020 ◽  
Author(s):  
Simon J. Micken
Keyword(s):  
Quantitative Assessment ◽  
Exploratory Data Analysis ◽  
Special Importance ◽  
Measurement Instruments ◽  
Cultural Elements ◽  
Exploratory Data ◽  
Cooperative Banks ◽  
Post Merger Integration ◽  
Merger Integration

Corporate cultures are attributed special importance in the context of mergers. This is particularly relevant for cooperative banks in view of an ongoing concentration process at the level of cooperative primary banks. Building on earlier work on this topic, this study reveals initial relationships between cultural elements and merger processes, especially in the post-merger integration phase, using a case study and exploratory data analysis. In addition to the implications for culture-sensitive merger management resulting from this, the book discusses the potential and limitations of a quantitative assessment of the phenomenon and the suitability of the measurement instruments used.

Managing failure in the merger process: evidence from a case study

2020 ◽  
Vol 42 (1) ◽  
pp. 33-39
Author(s):  
Anne-Sophie Thelisson
Keyword(s):  
Single Case ◽  
Content Type ◽  
Theoretical Concepts ◽  
Organizational Issues ◽  
Integrative View ◽  
Merger Process ◽  
Consistent Picture ◽  
Post Merger Integration ◽  
Merger Integration

Purpose Despite their high number, most mergers end in failure. Academic studies of how these failures occur have remained rare, first, because of the difficulty of accessing the cases, and second, because of the difficulty of obtaining – for the purposes of qualitative analysis – objective and freely shared perceptions from the stakeholders, who tend to avoid speaking about failure. This is unfortunate, however, as failure can serve as a stimulus for organizational learning and readaptation for the future. Design/methodology/approach The author investigated how an organization managed failure during the post-merger integration stage. The author described the merger of two listed French companies using longitudinal data. Findings This in-depth case study provides new insights into failure during post-merger integration. The paper highlights the complexity of post-merger integration processes and the failures that the integration stakeholders had to address. The author underlined how they recognized failures and put into place solutions. They particularly highlighted two failures and how they were managed by the managers who acted as knowledge brokers within the new organization and by stakeholders who deconstructed the organization to ensure its future. Research limitations/implications The limitations are those concerning a single case study. Practical implications The paper identified trigger events in the merger process that prompted stakeholders to step in and manage and resolve failures during the integration period. Such triggers can be considered as steps for managers and stakeholders to solve organizational issues in the merger process. The paper highlighted the complexity of post-merger integration processes and the failures faced by integration stakeholders. The analysis thus contributes to an inclusive and integrative view of the challenges in this process. Social implications Despite their high number, merger and acquisition failures remain surprisingly high. This paper explored how stakeholders deal with failures by identifying which solutions are best adapted to their organization. Originality/value The case provides a vivid illustration of failure management during a merger process. Theoretical concepts and empirical findings from the literature are combined to present a single consistent picture.

scholarly journals Conference facilities as a key factor in the competitiveness of urban hotels: A case study of Łódź (Poland)

2020 ◽  
Vol 10 (3) ◽  
pp. 229-240
Author(s):  
Joanna Bik ◽  
Anna Poreda ◽  
Andrzej Matczak
Keyword(s):  
Exploratory Data Analysis ◽  
Field Research ◽  
Urban Tourism ◽  
Service Capacity ◽  
Key Factor ◽  
Conference Service ◽  
Exploratory Data ◽  
Mice Tourism ◽  
Correct Measure

Abstract The article aims to assess the competitiveness of hotels in Łódź on the meeting tourism (MICE) market based on an analysis of their conference facilities. The data was obtained from GUS statistics, reports on MICE tourism in Poland and as a result of own field research carried out in 2019. Exploratory data analysis was used in their development. The development of modern hotels in Łódź of higher categories with obligatory conference rooms has contributed to the diversification of the possibilities of organising MICE tourism by city hotels. The hotel’s possession of conference facilities has become an important factor in building its competitive advantage. The analysis of hotel equipment with conference facilities, using the conference service capacity (CSC) index, turned out to be a sufficiently correct measure to illustrate the diversity of hotels’ ability to compete in the MICE urban tourism market.

scholarly journals The Effects of Ingroup Development in a Post-Merger Joint-Brand Context

2021 ◽  
Author(s):  
◽  
Jay Newdick
Keyword(s):  
Identity Development ◽  
Social Identity Theory ◽  
Structured Interviews ◽  
Development Intervention ◽  
Before And After ◽  
Ingroup Identification ◽  
Post Merger Integration ◽  
Merger Integration ◽  
Ingroup Identity

<p>Mergers and acquisitions (M&As) involve a complex relationship between two previously separate organisations. Social Identity Theory (SIT) has been applied to the study of M&As as a way to better understand this relationship. To date, SIT literature has focused on developing the relationship between the merging organisations, in turn relinquishing the identity of the pre-merger organisations in favour of the new organisational identity. This research examines the constructs of the pre-merger groups, focusing on the pre-merger ingroups as a significant contributor to success in the post-merger environment. In some M&As, both pre-merger brands continue to operate simultaneously in the post-merger environment, and it is in this context that the ingroup plays an important role in post-merger integration. This research looks at ingroup development within a post-merger joint-brand context in order to assess the significance of ingroup identification within the post-merger environment. Ingroup development involves generating member identification with the pre-merger ingroup, rather than building identification with the post-merger organisation as a whole. Although there is literature to support the continuation of pre-merger ingroup identity in the post-merger environment, ingroup identification has generally been seen as a hindrance to the merger integration process. A New Zealand based case study was examined to explore the significance of ingroup development in the post-merger context. The research looked into the effects of implementing an "ingroup development intervention" within the case study. The research design used forty semi-structured interviews to create a 'before' and 'after' assessment of the case study in order to gauge the effects of the ingroup development intervention. The findings of the research were analysed using thematic analysis, which was able to assess the change in participant perceptions over a period of time. The findings showed that the ingroup development intervention resulted in a perceived reduction in status differences between the pre-merger groups, as well as a reported improvement in both ingroup and intergroup relations. The findings suggest that in a specified context, ingroup development can have a positive effect on the post-merger environment. The results of the research hold implications for both theorists and practitioners. The research provides intergroup theory with a greater understanding of ingroup identification and the extent to which it is effective within the post-merger environment. For practitioners, the research exhibits the value in post-merger organisations committing to long-term identity development for staff.</p>

Selecting Robust Kinetic Models on Noisy Data Using the Bootstrap

2007 ◽  
Vol 5 (1) ◽  
Author(s):  
Cayle J Sharrock ◽  
Roelof Coetzer
Keyword(s):  
Systematic Approach ◽  
Exploratory Data Analysis ◽  
Noisy Data ◽  
Water Gas Shift ◽  
Industrial Case Study ◽  
Analysis Techniques ◽  
Exploratory Data ◽  
Shift Reaction ◽  
Water Gas

A systematic approach to identifying a robust kinetic model fitted on noisy data is presented. The bootstrap coupled with Monte-Carlo simulations and exploratory data analysis techniques are employed to evaluate candidate model formulations to given sets of experimental data. The approach is applied in an industrial case study in determining the most practical rate expression for the water-gas shift reaction over a cobalt Fischer-Tropsch catalyst.

Allianz and its fateful acquisition of Dresdner Bank

2016 ◽  
Vol 32 (6) ◽  
pp. 23-26
Author(s):  
Mark Thomas ◽  
Christian Weber
Keyword(s):  
Corporate Culture ◽  
Design Methodology ◽  
Reading Time ◽  
Content Type ◽  
Pertinent Information ◽  
Post Merger Integration ◽  
Merger Integration

Purpose The Allianz acquisition of Dresdner Bank was announced as one of the most important deals of the year, in 2001. It was certainly one of the largest. In April 2001, the Munich-based insurance firm, Allianz, bought Dresdner Bank for more than €20 bn. Unfortunately, such optimism was unfounded. The projected synergies never materialized and in August 2008, Allianz sold Dresdner Bank to Commerzbank for €9.8 bn. The company had lost more than half its value in just seven years. The purpose of this article is to analyze how this happened. Design/methodology/approach The article is a case study of the acquisition Dresdner, looking specifically at problems of post-merger integration. Findings The article shows that problems of corporate culture were a serious handicap to the success of the merger. Originality/value The briefing saves busy executives and researchers hours of reading time by selecting only the very best, most pertinent information and presenting it in a condensed and easy-to-digest format.

scholarly journals The Effects of Ingroup Development in a Post-Merger Joint-Brand Context

2021 ◽  
Author(s):  
◽  
Jay Newdick
Keyword(s):  
Identity Development ◽  
Social Identity Theory ◽  
Structured Interviews ◽  
Development Intervention ◽  
Before And After ◽  
Ingroup Identification ◽  
Post Merger Integration ◽  
Merger Integration ◽  
Ingroup Identity

<p>Mergers and acquisitions (M&As) involve a complex relationship between two previously separate organisations. Social Identity Theory (SIT) has been applied to the study of M&As as a way to better understand this relationship. To date, SIT literature has focused on developing the relationship between the merging organisations, in turn relinquishing the identity of the pre-merger organisations in favour of the new organisational identity. This research examines the constructs of the pre-merger groups, focusing on the pre-merger ingroups as a significant contributor to success in the post-merger environment. In some M&As, both pre-merger brands continue to operate simultaneously in the post-merger environment, and it is in this context that the ingroup plays an important role in post-merger integration. This research looks at ingroup development within a post-merger joint-brand context in order to assess the significance of ingroup identification within the post-merger environment. Ingroup development involves generating member identification with the pre-merger ingroup, rather than building identification with the post-merger organisation as a whole. Although there is literature to support the continuation of pre-merger ingroup identity in the post-merger environment, ingroup identification has generally been seen as a hindrance to the merger integration process. A New Zealand based case study was examined to explore the significance of ingroup development in the post-merger context. The research looked into the effects of implementing an "ingroup development intervention" within the case study. The research design used forty semi-structured interviews to create a 'before' and 'after' assessment of the case study in order to gauge the effects of the ingroup development intervention. The findings of the research were analysed using thematic analysis, which was able to assess the change in participant perceptions over a period of time. The findings showed that the ingroup development intervention resulted in a perceived reduction in status differences between the pre-merger groups, as well as a reported improvement in both ingroup and intergroup relations. The findings suggest that in a specified context, ingroup development can have a positive effect on the post-merger environment. The results of the research hold implications for both theorists and practitioners. The research provides intergroup theory with a greater understanding of ingroup identification and the extent to which it is effective within the post-merger environment. For practitioners, the research exhibits the value in post-merger organisations committing to long-term identity development for staff.</p>

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