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Managing Radical Change in Young Companies: Insights for Successful Transformation and Growth
Uppsala University, Disciplinary Domain of Humanities and Social Sciences, Faculty of Social Sciences, Department of Business Studies.
Uppsala University, Disciplinary Domain of Humanities and Social Sciences, Faculty of Social Sciences, Department of Business Studies.
Uppsala University, Disciplinary Domain of Humanities and Social Sciences, Faculty of Social Sciences, Department of Business Studies.
2023 (English)Independent thesis Advanced level (degree of Master (One Year)), 10 credits / 15 HE creditsStudent thesisAlternative title
Leda Radikal Förändring i Unga Företag : Insikter för Framgångsrik Transformation och Tillväxt (Swedish)
Abstract [en]

Managing radical change is a critical undertaking for young companies aiming to achieve growth and adapt to evolving market dynamics. This research explores the strategies, models and challenges involved in navigating and implementing significant organizational changes. The research examines the root causes of radical change failures and investigates the impact this might have on employees and organizations. The identified key factors for failure in radical change management are among others: lack of communication and information, lack of training and support, lack of proper documentation, and lack of skilled leadership and proper performance management. The research also found that poorly managed change implicates employees' well-being and grows issues of personal matter, such as performance, competence and trust-related problems. Identified implications for organizations are among others; lack of controls, damaged public relations, inefficient processes and decreased performance. Finally, the research identified the potential need for creating a new management theory that would support young companies in managing radical change specifically.

Place, publisher, year, edition, pages
2023. , p. 48
Keywords [en]
Change Management, Communication, Corporate Entrepreneurship, Entrepreneurship, Growth, Innovation, Leadership, Management, Organisation, Performance, Quality, Quality Management, Radical Change Management, Startup, Young Company
Keywords [sv]
Entreprenörskap, Förändringsledning, Innovation, Intraprenörskap, Kommunikation, Kvalitet, Kvalitetsledning, Ledarskap, Ledning, Ledning av radikal förändring, Organisation, Prestation, Startyp, Tillväxt, Ungt företag
National Category
Economics and Business
Identifiers
URN: urn:nbn:se:uu:diva-510766OAI: oai:DiVA.org:uu-510766DiVA, id: diva2:1793888
Educational program
Master Programme in Entrepreneurship
Presentation
2023-05-25, Ekonomikum, FEK, Uppsala Universitet, Uppsala, 09:00 (English)
Supervisors
Examiners
Available from: 2023-09-04 Created: 2023-09-04 Last updated: 2023-09-04Bibliographically approved

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Managing Radical Change in Young Growing Companies (Juras, Strid and Yung, 2023).pdf(439 kB)636 downloads
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Type fulltextMimetype application/pdf

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CiteExportLink to record
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Citation style
  • apa
  • ieee
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  • Other style
More styles
Language
  • de-DE
  • en-GB
  • en-US
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  • nn-NO
  • nn-NB
  • sv-SE
  • Other locale
More languages
Output format
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  • text
  • asciidoc
  • rtf