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Strategic change management is indispensable for every organization that has to adjust its strategy to changing industry contexts. Patricia Klarner adopts a new approach to analyze strategic changes and introduces the rhythm of change as a concept that measures the timing of repeated changes. Her research model examines the relationship between the rhythm of change and long-terms firm performance as well as the impact of knowledge related and financial moderators on this relationship. It is empirically tested in the European insurance industry between 1995 and 2004. The author provides a state-of-the-art view of the optimal timing of strategic changes in organization and of the factors underlying successful change efforts.
Contents
• Organizational Change: An Overview
• Timing of organizational change
• Theoretical perspectives on organizational change patterns
• The Rhythm of strategic change: Towards a comprehensive research model
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