Influence of Change Management Practices on Corporate Governance at Laborex Kenya Limited
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Date
2013-11Author
Olale, Robert O
Type
ThesisLanguage
enMetadata
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The study objective was to determine the influence of change management practices on
corporate governance at Laborex Kenya. Organizations today continue to face business
related problems that force them to adjust or change. They are therefore undertaking
strategic changes in order to align their business strategies to the environment thereby
matching their resources and activities to that environment. Corporate governance hence
plays a significant role in ensuring that the needed changes take place successfully.
Strategic change management is an important process since it can deliver vast benefits by
improving the system and thus satisfy customer needs. How these changes are managed
can have a profound influence on the corporate governance of an organization. The
choice of the change practice, agent of change and timeliness all have a role to play when
instituting changes. For a pharmaceutical distributor in Kenya to operate efficiently in a
changing environment, there is need to take into consideration the influence change
management practices may have on running of the organization. The research design
used case study method aimed at investigating the influence of change management
practices on corporate governance at Laborex Kenya. The study used an interview guide
to obtain data required to meet the specific objective of the study. The respondents were
the Chief Executive Officer, marketing and Finance Directors. Interviews were conducted
with all the three. Given their positions and service years with the organization, their
information was considered representative enough for the study. The study concludes
that, the success or failure of change management in an organization will eventually have
a bearing on its corporate governance. It may sometimes be necessary to have a change at
the top in order to have meaningful changes especially if the old management was the
one in charge when the problems developed. Given the nature of the positions held by the
respondents and that information relating to strategy in any organization is always treated
with sensitivity, it was difficult to get appointment initially. The researcher had to inform
the respondents in advance that the purpose for the research study being carried out was
meant for academic purpose only. Further research should be carried out around the
change management strategies so that organizations can become more aware of them and
put them into practice.
Key words: Change management, Corporate governance, Stakeholders, Environment
Citation
Degree of Master of Business Administration (MBA),Publisher
University of Nairobi School of Business
Description
A management research project submitted in
Partial fulfillment of the requirements for the
Award of the Degree of Master of Business
Administration (MBA), school of business, university
Of Nairobi.