Change equation effectiveness: empirical evidence from South-East Europe

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dc.contributor.authorČudanov, Mladen
dc.contributor.authorTornjanski, Vesna
dc.contributor.authorJaško, Ondrej
dc.contributor.otherEkonomická fakultacs
dc.date.accessioned2019-03-15
dc.date.available2019-03-15
dc.date.issued2019-03-15
dc.description.abstractThis study was developed with the aim to propose quantitative decision-making model in organizational change management, which is based on change equation application in real time, as an emerging ecosystem that should be further adopted in change management practice to create value in complex decision making and at the same time to increase change success. The paper opted for an integrated qualitative and quantitative research methods, based on empirical data collection. Sampling frame includes respondents from fourteen different industries in South-East Europe. Data analyses were carried out in three main phases using proven statistical methods. Based on the results, general hypothesis introduced in the study is supported. In other words, successful change occurs when the product of all three variables, i.e. D, V and F is higher than resistance to change, and vice versa. Also, research results show that change equation can successfully predict change outcome and explain a portion of change success variability. Finally, research findings indicate that the model should be revised and further developed. Research limitations are determined by significant variance in the model that may result of situational factors. Also, the research was based on a relatively limited sample and focused only on data collection from South-East Europe. Despite its limitations, this study can contribute both to theorists and practitioners. First, the paper contributes to the change management theory, business decision-making theory, organizational development theory and the behavioral theory. Second, the paper can contribute to strategic managers, change leaders, change agents and consultants who deal with change management by adopting the upgraded change model that can be applied in all phases of change process, including measurement of the change outcome.en
dc.formattext
dc.format.extent16 strancs
dc.identifier.doi10.15240/tul/001/2019-1-007
dc.identifier.eissn2336-5604
dc.identifier.issn1212-3609
dc.identifier.orcid0000-0001-6895-6525 Čudanov, Mladen
dc.identifier.orcid0000-0001-9727-8364 Tornjanski, Vesna
dc.identifier.orcid0000-0003-4877-0592 Jaško, Ondrej
dc.identifier.urihttps://dspace.tul.cz/handle/15240/151424
dc.language.isoen
dc.publisherTechnická Univerzita v Libercics
dc.publisherTechnical university of Liberec, Czech Republicen
dc.publisher.abbreviationTUL
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dc.relation.ispartofEkonomie a Managementcs
dc.relation.ispartofEconomics and Managementen
dc.relation.isrefereedtrue
dc.rightsCC BY-NC
dc.subjectBeckhard and Harris change modelen
dc.subjectchange equationen
dc.subjectquantitative decision-making modelen
dc.subjectchange successen
dc.subjectorganizational change management sustainabilityen
dc.subject.classificationC4
dc.subject.classificationC8
dc.subject.classificationL0
dc.subject.classificationO52
dc.titleChange equation effectiveness: empirical evidence from South-East Europeen
dc.typeArticleen
local.accessopen
local.citation.epage114
local.citation.spage99
local.facultyFaculty of Economics
local.filenameEM_1_2019_07
local.fulltextyes
local.relation.abbreviationE+Mcs
local.relation.abbreviationE&Men
local.relation.issue1
local.relation.volume22
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