Problems and practices of strategic change management in the manufacuturing sector: a case of Olympia capital holdings Ltd
Abstract
This study looked into the problems and practices of strategic change management in the
manufacturing sector as experienced by Olympia Capital Holdings Ltd. Further the study was
also to identify the major considerations taken by the company to determine the change process.
This company is seen as representing organizations that are changing in many ways in that the
company changed hands and also the name and diversified its operations.
The study was conducted by carrying out in-depth interviews with the top management of the
company who were involved in the change process. Data was analyzed using conceptual content
analysis to determine emerging themes and relate this to the theory of change management. The
study revealed that the company adopted Kottler's eight step model in managing change and the
main problems experienced were resistance and financial constraints. The main achievements for
the change effort were increased profitability and giving the company a life line from the
imminent collapse it was faced with.
A number of recommendations were made based on the findings of the study. Chief among these
was that companies in the manufacturing sector who are considering implementing planned
strategic change use should Kottler's eight stage model. However, emphasis should be placed on
a clear vision and strategy and empowering others to act ~ the vision. Another recommendation
is that organizations intending to undergo strategic change management should source for
adequate financial resources to enable the change process go on smoothly
Citation
Master of Business AdministrationPublisher
University of Nairobi School of Business