Application of Kotter's Model in Bow Valley Company Acquisition
VerifiedAdded on 2020/10/05
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AI Summary
This report delves into Kotter's Model, a crucial framework for managing organizational change, particularly in the context of business acquisitions. It highlights the model's eight key steps: increasing urgency, building a guiding team, developing a vision, empowering action, creating short-term wins, not letting up, and making change stick. The report emphasizes the importance of these steps for Bow Valley Company during its acquisition process. It stresses the need for proactive management, including identifying potential threats, fostering stakeholder involvement, removing barriers, and generating early successes to minimize resistance. The report also provides references to relevant literature, including academic journals and online resources, to support its analysis of the Kotter's Model.
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