Application of Kotter's Model in Bow Valley Company Acquisition

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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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Kotter’s Model,
Problem Solving
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Table of Contents
Kotter's Model..................................................................................................................................3
REFERENCES................................................................................................................................5
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Kotter's Model
Changes are very important part of the business or company. It allows a company to
adapt to its environment as well as to improve its market position. Bow Valley is a going for
acquisition which means it is very important that company should follow the strategies and
models in order to smooth proceed of acquisition (King, Hopkins and Cornish, 2017). Kotter's is
one the best model to use within the company when they are planning to change the implement
any change in the structure of the organisation. With the help of this model, managers and
leaders of Bow Valley company can overcome resistance to change within the organisation.
There are eight steps in this model which are Increase urgency, Build guiding team, Develop the
vision, Empower the action, Create short term wins, Don't let Up and Make Change stick (Libby,
2017). These steps are very helpful for Bow Valley company in proceeding acquisition process.
The management of company should follow these steps. They should create a sense of urgency
by identifying and highlighting the potential threats which may be crop in the coming time. They
should also examine the opportunities that are available after the change. Management should
also form a powerful team for guiding by identifying the skilled and knowledgable leader in the
company who encourage others in the involvement. They should develop the vision and
communicate it to the stakeholders. Management should remove all the barriers which are
hindering in the process of change (Kotter's Model, 2017). Last and the most important is that
management of Bow Valley company should create short term wins as soon as possible in the
procedure of change so that employees feel satisfies and it will also minimize the level of
resistance.
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Illustration 1: Kotter's Model
(Source: Kotter's Model, 2017)
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REFERENCES
Books and Journals:
King, S., Hopkins, M. and Cornish, N., 2017. Can models of organizational change help to
understand ‘success’ and ‘failure’in community sentences? Applying Kotter’s model of
organizational change to an Integrated Offender Management case study. Criminology &
Criminal Justice, p.1748895817721274.
Libby, B.H., 2017. Examining Faculty Perceptions of Community College Institutional
Effectiveness Using Kotter's Eight Step Model of Change. ProQuest LLC.
Online:
Kotter's Model. 2017. [Online]. Accessed through: <https://www.toolshero.com/change-
management/8-step-change-model-kotter/>.
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