This case study analysis explores the impact of core values on organizational operations in the context of a merger between BioHealth Labs and DeWaal Pharmaceuticals. It highlights the importance of organizational structure and multicultural environment in driving positive growth.
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Running head: CONTEMPORARY MANAGEMENT Contemporary Management Name of the student Name of the university Author note
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1CONTEMPORARY MANAGEMENT Executive summary In the case study, it has been identified that in case of driving the long term impact on the company DeWaal BioHealth, the ample numbers of core values can play an influential role. In this analysis it has been identified that after completion of merging between BioHealth Labs and DeWaal Pharmaceuticals the impact of core values on the organizational operations. Merging between BioHealth Labs and DeWaal Pharmaceuticals has created value concerning situation due to increasing numbers of cultural as well as operational challenges in the company. It can be said that based on the above case study analysis, it has been identified that organizational structure as well as multicultural environment in the workplace play an important role for ensuring the positive organizational growth.
2CONTEMPORARY MANAGEMENT Table of contents Introduction......................................................................................................................................3 Confliction of values and theoretical analysis.................................................................................3 Critique of the processes..................................................................................................................4 Recommendations against the conflicting values............................................................................6 Recommendations for integrating top work structure.....................................................................7 Usefulness of management and theoretical aspects of management...............................................9 Conclusion.....................................................................................................................................10 Reference list and bibliography.....................................................................................................11
3CONTEMPORARY MANAGEMENT Introduction The purpose of the report is to critically analyze the case study, namely ‘Who goes, Who stays?’ by examining the internal culture as well as employment structure in an organization. Conflict management is being considered as one of the important aspects of managerial operations. Highlighting the values as well as processes in the organization the report has described the emerging situation. Confliction of values and theoretical analysis Organizational values have strong impact in case of driving the operational practices in an organization (Schaltegger & Burritt, 2017). In the case study, it has been identified that in case of driving the long term impact on the company DeWaal BioHealth, the ample numbers of core values can play an influential role. In this analysis it has been identified that after completion of merging between BioHealth Labs and DeWaal Pharmaceuticals the impact of core values on the organizational operations. Analyzing the conflicting values in the workplace, it has been identified that based on the accountability, teamwork, quality and passion, the entire process of managementgetsinfluenced.Bydevelopingtheinterrelationshipbetweenthetheoretical perspectives management and conflicting values, it can be said that it can play an effective role for managing the integrated merger and acquisition challenges in the company. In order to analyze the conflicting values between these two organizations, the acculturation and social identity theoretical implication can be beneficial. The scientific theory explains the natural aspects of world, which can be repeatedly maintain through the application of scientific methods. These theories are being tested for controlling differentconditionsbasedonthehumanexperience.IncaseofDeWaalBioHealth,the
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4CONTEMPORARY MANAGEMENT contemporary business environment is now in the challenging situation. On the other hand, due to the cultural gaps among the employees in both the companies, the merging has become one of theimportantconcerns.Applicationofscientifictheorycanbeabletodevelopthe interconnections between scientific knowledge of control and the situational causes. In order to improve the productivity of people, human relations theory can play an effective role in case of improving the organizational beliefs as well as desire of individuals. In case of implementing the merging strategy between BioHealth Labs and DeWaal Pharmaceuticals, the implementation of Human relations theory can help to drive the positive internal culture in the organization. In order to describe the first cultured learning process, the acculturation theory helps to manage the cultural learning processes in the workplace (Pedersen & Thibault, 2018). Under the normal circumstances, the acculturation theory ensures the participation of society towards considering the balance between environmental and society. Analyzing the case study, it has been identified that due to the diversified organizational culture as well as acculturative stress, conflicts among the employees impacts negatively on the internal culture ofDeWaal BioHealth. Due to such issues, maintaining the core corporate values become challenging for the company. Basedontheadministrativemanagementtheory,theadministrativestructureaswellas delegation of power can be distributed properly. Through the implications of this theory, the joint operations of both the companies can be managed in an effective manner.In order to drive the self-concepts of individuals, the social identity theory plays an influential role (Van Diepen et al., 2018). By highlighting the interrelationship between the perceived membership and the individuals’ ability, the social identity theory helps to manage the identify individuals identity so that the group cooperating process in the company can get influenced. By continuing this, it can also be said that based in the professional identity, work group identity and organizational
5CONTEMPORARY MANAGEMENT identity, the implications of social identity theory can get influenced. Due to the merging between the two organizations such as BioHealth Labs and DeWaal Pharmaceuticals, it has become concerning situation for the company for adopting the old organizational identity, which is important for developing strong image on customers’ mind. In the social identity theory, it has been mentioned that the leadership practices in the workplace has got influenced based on the M&A process adopted by the company. Critique of the processes Conflict management is being considered as one of the important aspects of managerial operations (Magistro et al., 2016). Analyzing the work integration process of managerial activities, it can be said that organizational structure plays an influential role for driving the performance management process in the company. Based on the staffing as well as top management stuffing, appraisal process has been approved by the leaders of the company. The top level executives of both the companies have provided major contribution towards approving the official appraisal strategies so that the individuals’ performance abilities can be measured. By continuing this, it can also be said that due the purpose of introducing integrated process in the workplace is to analyze the competency of the employees so that the bench marketing as well as fair work policies can be ensured. On the other hand, in this case, evaluating the performance of the participants, the top level executive in DeWaal BioHealth takes the help from external consultants. In the integral process, based on the details of integration, the management structure in DeWaal BioHealth can be analyzed. It is true that based on the analysis it has been identified that in the M&A process, the large scale changes in the organization can play an important role for increasing the stress as well as anxiety among the employees. In some of the cases, the top
6CONTEMPORARY MANAGEMENT level executive in the management also faces the various challenges, which makes the business situations horrible for the person. In the M&A integration process, it has been identified that the in case of criticizing the management practices the anxiety theory can be used. In the M & A integration process, the large scale organizational challenges are being analyzed. On the other hand, it is true that in case of dealing with the emerging challenges in the workplace the top level executives also faces several challenges that can drive the negative impact on the workplace culture. Due to increasing amount of anxiety among the top level management employees, it becomes challenging for the employeesformanagingtheprestigeaswellasqualitystandardintheorganizational performance. It can be said that the decision which have been made by the two leaders regarding the involvement of external consultants for conducting the appraisal operations can bring the adverse impact on the organizational performance.Nepoclassical economics is being considered as the approach that helps to maintain the uninterrupted supply and demand in an organization. In order to merge between BioHealth Labs and DeWaal Pharmaceuticals, the implication of Nepoclassical theory can help to highlight the mathematical equations so that the rate of profitability can be properly assumed. On the other hand, in case of system theory, is being considered as the interdisciplinary theory that helps to deal with the complex situation of the nature. With the effective implication of the theory, cooperative culture as well as team management can be ensured in the workplace. The contingency theory helps to claim the best way for organizing the operational activities in the workplace. This theoretical implication in DeWaal BioHealth can ensure positive engagement as well as effective productivity. Organizational values have strong impact in case of driving the operational practices in an organization (Colbert et al., 2015). In the case study, it has been identified that in case of driving
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7CONTEMPORARY MANAGEMENT the long term impact on the company DeWaal BioHealth, the ample numbers of core values can play an influential role. In the situational context of DeWaal BioHealth organization the acculturation theory can also play an influential role for driving the stress in the workplace. by developing the effective relationship between the cultural groups, the theory plays an important role for ensuring the high propensity of cultural clash. The cultural clash has strong impact in case of acculturating the stress in the workplace. On the other hand, it is true that highlighting different cultural perspectives in both the organization, the acculturation theory can improve the merging culture in the workplace. In case of M&A integration process it is important for the organization to contribute towards reducing the acculturative stress. Based on the reflection of the theory in the organizational process it can be assumed that the company needs to focus on analyzing both the good as well as bad performances. On the other hand, it is also important for fostering the multiculturalism in the workplace so that employees can be able to cope up with the diversified organizational culture. Depending on the diligence of human nature, the cultural effectiveness can be ensured in the workplace. Therefore, it can be said that structure of top management as well as M&A integration process can be beneficial in terms of ensuring the positive environmental in the workplace. Some of the cases, low morale as well as lack of understanding regarding the company values can create the negative impact on the company performance. On the other hand, it is true that based on the current analysis it can be easier for the company to reduce the employee turnover as well as cultural clash that can play an effective role for introducing the strong corporate values in the company. In case of M&A integration process, the adoption on culturaldiligencenotonlythemulticulturalismcanbeintroducedbutalsoinboththe organizations employee cooperation can be increased.
8CONTEMPORARY MANAGEMENT Recommendations against the conflicting values In the case study, it has been identified that in case of driving the long term impact on the company DeWaal BioHealth, the ample numbers of core values can play an influential role. Analyzing the core business environment of the company, it can be said that the current business environment has strong correlation with the M&A integration process. By continuing this, it can also be said that side to the different strategic sections, ensuring the business profitability has become highly popular among the organizations. On the other hand, several conflicting values as well as organizational stress and anxiety can be major conflicting elements in the company. it is true that due to increasing complexities as well as conflicting situations in the workplace, maintaining the morale values are becoming challenging for the companies (Harjola et al., 2016). Based on the conflicting values the potentiality of the company can be measured. On the other hand, it is true that DeWaal Pharmaceuticals and BioHealth Labs both the organization face various conflicting situations, which can create the challenges in case of implementing the mergingstrategyproperly.Duetomulticulturalissuessolvingtheconflictingsituations becoming challenging for the companies so that the emerging situation in the workplace can gets affected. Analyzing the entire situational impact, it can be suggested that in order to deal with the conflicting situations, problem solving abilities of the, management is needed to be increased. By continuing this, it can also be said that researching on the particular issue is important so that rootcauseoftheproblemcanbeidentified.Basedonthepropernegotiationmethod, organizational issues based on cultural values can be effectively solved. On the other hand, it can be said that based on the current situation, long term sustainability can be ensured in both the companies. After identification of the problems, strict actions against the particular issue can help to encourage the leaders to work cooperatively. With the multiculturalism as well as better
9CONTEMPORARY MANAGEMENT understanding environment can be provided in the company, in that case, the win-win situation can be lead for both the organizations. Recommendations for integrating top work structure Based on the above analysis the leaders which have taken the decision regarding appraisal for performance improvement can be suggested for adopting the diligence process in the workplace so that the integration of top organizational structure can be ensured. On the other hand, it is true that in order to introduce an efficient merging process in the company, the proper investigation as well as collection of internal information of both the companies are important. On the other hand, based on the analysis, it can be said that the management needs to focus on introducing the effectiveleadershippracticesintheworkplace.Itcanbeassumedthatintroducingthe transformational leadership practices it can be easier for the company for ensuring the positive culture in the workplace. It can also play a beneficial role in case of managing the decision making abilities of the management. By continuing this, it can also be said that depending on the transformational leadership practices, it can be easier for both the organizations for ensuring the positive performance management system (Wanna Carlson, & Netterville, 2017). By continuing this, it can also be said that legal as well as operational perspectives needs to be analyzed for introducing an effective strategic initiative in the company.In order to deal with the cultural problems a separate workplace culture handling team needs to be developed in which the employees from both the companies needs to be involved. On the other hand, it can be said that improving the cultural practices in the case of dealing employees needs to be trained so that individuals can be able to understand the cultural needs of individuals. On the other hand, it is very important for both the companies to get involved into analyzing the past performance record so that the situation in the growth process can be
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10CONTEMPORARY MANAGEMENT measured. In order to reduce stress as well as anxiety among the employees, they need to be involve in the core decision making process. Analyzing the entire situational impact, it can be suggested that in order to deal with the conflicting situations, problem solving abilities of the, management is needed to be increased. By continuing this, it can also be said that researching on the particular issue is important so that root cause of the problem can be identified. Based on the proper negotiation method, organizational issues based on cultural values can be effectively solved. Usefulness of management and theoretical aspects of management In the analysis, the theoretical aspects of conflicting values have been identified. It is mentioned in this report that through the application of Anxiety theory, the proper argument between the managements and the employees can be developed. On the other hand, it is true that based on the analysis, it can also be said that with effective implications of social identity theory, it will be easier for the company to develop its individuals identity in the market. With the effective implication of social identity theory, the strong brand image can be easily developed by the company,whichindirectlyinfluenceitsemployeeretentionpolicies.Withtheeffective implication of the System theory, cooperative culture as well as team management can be ensured in the workplace.On the other hand, in case of effective implications of anxiety theory, the organizational stress as well as emerging challenges in the workplace can be managed. In case of implementing the acculturation theory, the different cultural aspects can be measured. The cultural clash has strong impact in case of acculturating the stress in the workplace. On the other hand, it is true that highlighting different cultural perspectives in both the organization, the acculturation theory can improve the merging culture in the workplace. Analyzing the conflicting values in the workplace, it has been identified that based on the accountability, teamwork,
11CONTEMPORARY MANAGEMENT quality and passion, the entire process of management gets influenced.The contingency theory helps to claim the best way for organizing the operational activities in the workplace. This theoretical implication in DeWaal BioHealth can ensure positive engagement as well as effective productivity.Bydevelopingtheinterrelationshipbetweenthetheoreticalperspectives management and conflicting values, it can be said that it can play an effective role for managing the integrated merger and acquisition challenges in the company. In order to analyze the conflictingvaluesbetweenthesetwoorganizations,theacculturationandsocialidentity theoretical implication can be beneficial. Analyzing the argument it can also be said that based on implications of cultural diligence, it can be beneficial for M&A for ensuring the standard decision making practices in the workplace. By continuing this, it can also be said that this strategy plays an important role for utilizing the financial, cultural and human resources in an effective manner, which will indirectly improve the performance quality standard. Conclusion Inthisstudy,itcanbeconcludedthatmergingbetweenBioHealthLabsandDeWaal Pharmaceuticals has created value concerning situation due to increasing numbers of cultural as well as operational challenges in the company. It can be said that based on the above case study analysis, it has been identified that organizational structure as well as multicultural environment in the workplace play an important role for ensuring the positive organizational growth. By continuing this, it can be said through the effective investigation as well as proper management it can be easier for both the companies to ensure the standard corporate values after merging.
12CONTEMPORARY MANAGEMENT
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13CONTEMPORARY MANAGEMENT Reference list and bibliography Cherry, B., & Jacob, S. R. (2016).Contemporary nursing: Issues, trends, & management. Elsevier Health Sciences. Colbert, S. D., Green, B., Brennan, P. A., & Mercer, N. (2015). Contemporary management of cleft lip and palate in the United Kingdom. Have we reached the turning point?.British Journal of Oral and Maxillofacial Surgery,53(7), 594-598. Harjola, V. P., Mebazaa, A., Čelutkienė, J., Bettex, D., Bueno, H., Chioncel, O., ... & Leite‐ Moreira, A. (2016). Contemporary management of acute right ventricular failure: a statement from the Heart Failure Association and the Working Group on Pulmonary CirculationandRightVentricularFunctionoftheEuropeanSocietyof Cardiology.European journal of heart failure,18(3), 226-241. Klausner, J. Q., Lawrence, P. F., Harlander-Locke, M. P., Coleman, D. M., Stanley, J. C., Fujimura, N., ... & Rizvi, A. Z. (2015). The contemporary management of renal artery aneurysms.Journal of vascular surgery,61(4), 978-984. Leone, A., Diorio, G. J., Pettaway, C., Master, V., & Spiess, P. E. (2017). Contemporary management of patients with penile cancer and lymph node metastasis.Nature Reviews Urology,14(6), 335. Magistro, G., Wagenlehner, F. M., Grabe, M., Weidner, W., Stief, C. G., & Nickel, J. C. (2016). Contemporarymanagementofchronicprostatitis/chronicpelvicpain syndrome.European urology,69(2), 286-297. Murphy, P. R., & Knemeyer, A. M. (2018). Contemporary logistics.
14CONTEMPORARY MANAGEMENT Pedersen, P. M., & Thibault, L. (2018).Contemporary Sport Management. Human Kinetics. Schaltegger, S., & Burritt, R. (2017).Contemporary environmental accounting: issues, concepts and practice. Routledge. Van Diepen, S., Katz, J. N., Albert, N. M., Henry, T. D., Jacobs, A. K., Kapur, N. K., ... & Thiele,H.(2017).Contemporarymanagementofcardiogenicshock:ascientific statement from the American Heart Association.Circulation,136(16), e232-e268. Wanna, G. B., Carlson, M. L., & Netterville, J. L. (Eds.). (2017).Contemporary Management of Jugular Paraganglioma. Springer.