Post-acquisition Integration as Sensemaking: Glimpses of Ambiguity, Confusion, Hypocrisy, and Politicization

ABSTRACT   Though many studies have examined post-acquisition integration challenges, they have mainly focused on rationalistic explanations for the difficulties encountered in post-acquisition integration. There remains little knowledge of how the 'irrational' features of post-acquisition decision-making may impede organizational integration. This study attempts to bridge that gap by examining post-acquisition decision-making from a sensemaking perspective. The paper presents an in-depth analysis of a merger between a large Finnish furniture manufacturer and three smaller Swedish furniture companies. By focusing on the sensemaking processes surrounding integration issues, we uncover four interrelated tendencies that illuminate why the frequent problem of slow progress during post-acquisition integration occurs: inherent ambiguity concerning integration issues; cultural confusion in social interaction and communication; organizational hypocrisy in integration decision-making; and the politicization of integration issues.     

我国核电产业发展政策分析

核电站建设周期长、投资大、风险大,政府政策对其发展起着决定性的影响。我国核电产业存在着发展慢、差距大、技术多样的挑战,这与核电政策的决策、运行和监督机制有关。因此,要实现我国政府提出的"统一路线、积极发展"战略,核电规划就应符合国情、具有可操作性,并逐步改革核电管理体制。     

灰局势决策法在煤炭企业战略分析中的应用

企业进行战略决策常遇不可预知的灰色事件,影响了决策的可靠性。单纯采用灰决策理论又对具体情况分析不够。本文尝试采用SWOT分析与灰决策相结合,在对战略进行制定时综合考虑实际情况,确保企业战略决策的准确性。     

Individual adoption of HR analytics: a fine grained view of the early stages leading to adoption

Abstract

High performing organizations are using analytics for evidence-based decision-making. However, the human resource (HR) function in many organizations has been slow to adopt this innovation. This study applies innovation theory, informed by the Theory of Planned Behavior (TPB), to examine the individual’s decision to adopt HR Analytics in an effort to identify why the adoption rate is lagging. We examined early stages of the individual decision process beginning from Stage 1 (knowledge) and leading to Stage 3, (the decision) to adopt or not to adopt the innovation. We found several points in the process that can act as barriers or facilitators. Organizations and champions of this innovation wishing to facilitate HR analytics adoption can take action to remove as many of these barriers to the individual’s decision as possible. Further research should focus on the best way to remove these barriers.     

企业集团投资决策方法的发展趋势

在针对决策方法选择对企业集团投资的重要性上,本文主要阐述了企业集团投资决策方法的发展趋势。企业集团投资决策过程中所遵循的决策准则表现为多元化和核心性,更加突出了决策方法的战略性要求;而未来的企业集团投资决策方法,其主流趋势仍旧是以项目评价为基础。不以现金流量为基础的评价方法完善了传统投资决策方法,而且定性与定量方法相结合的趋势将企业集团投资管理推向了更高的发展阶段,使投资决策方法逐渐地向模拟化发展。     

灰色熵权局势状态下的邮政网点优化决策——以桂林为例

通过对影响邮政网点优化的评价指标进行赋值,用熵确定权重,引入综合效果测度矩阵,从而优化决策。实例部分对模型作了进一步的评析应用,也验证了该模型在实际操作中的可行性。此模型提供的决策方法客观可靠,对经济管理中的多目标问题决策有一定的借鉴意义。     

The practice of decision-making—some evidence

The theory of scientific decision-making is a well developed and coherent discipline, which may be expected to have had some impact on the decision-making processes employed by actual firms. This paper reports the results of a survey of engineering firms in South Wales, and casts some doubt on the hypothesis that advances in decision analysis have had a descernible impact on the practice of business. Moreover, the primary reason for this lack of impact appears to be that decision analysis is not perceived as relevant to the decision-making needs of managers. The paper concludes with some suggestion for overcoming this obstacle to the application of decision analysis.     

供应链中最优供应商选择分析

现代企业的竞争已不是企业与企业之间的竞争,而是供应链与供应链之间的竞争。如何建立富有竞争力的供应链,一个关键的问题是供应商的选择。在多个供应商中选择出最优的合作伙伴,属于多目标决策的问题。多目标决策实质上是在各种目标之间和各种限制之间求得一种合理的妥协,这就是多目标最优化的过程．将层次分析法运用在最优供应商的选择上,以期得到简单而又科学的决策。     

The influence of financial participation and participation in decision-making on employee job attitudes

This study investigates the direct and indirect effects of financial participation (FP) and participation in decision-making (PDM) on employee job attitudes. The central premise is that both financial participation and participation in decision-making have effects on job attitudes, such as integration, involvement and commitment, perceived pay equity, performance-reward contingencies, satisfaction and motivation. After reviewing the theoretical and empirical literature and testing two theoretical frameworks, developed by Long (1978a) and Florkowski (1989), a new model was constructed to consider a combined effects of both FP and PDM, herein referred to as employee participation (EP). The underpinning of the model is based on the assumption that both (a) the combination of financial participation and participation in decision-making (‘employee participation’), and (b) participation in decision-making produce favourable effects on employee job attitudes. The test of the new model showed that employee participation does not produce more favourable effects on employee job attitudes, than does participation in decision-making on its own. The data were gathered from a questionnaire study administered in a large British retail organization that operates two types of ownership schemes – profit-sharing and SAYE schemes.     

企业物流模式决策比较研究

关于企业物流模式决策有两个重要问题：企业如何根据自身情况来决定是否应该将一些物流业务外包：当企业决定将自己的一些物流业务外包后．如何去选择一个适合自己企业的物流外包模式。文章概述了这两个方面的主要研究成果,并在此基础上提出了一个综合的企业物流模式决策方案。     

Risky business: The role of risk in voluntary turnover decisions

One aspect of turnover decision-making that turnover models have not adequately considered is the risk associated with quitting one's job and the potential that research on risky decision-making has for advancing understanding of turnover. We define risk and present turnover as a risky decision; review previous applications of risk in turnover theory; review literature on decision-making under risk as it applies to turnover; integrate these literatures and provide propositions. Our analysis suggests that individual differences, frames of reference, the decision context, and social influences affect perceptions of the risk associated with quitting as well as the willingness to take risks in this particular situation. The implications of turnover risk perceptions and turnover risk propensity for turnover theory and research are discussed.     

贫困大学生职业决策困难与职业指导对策研究

大学生职业决策困难是高校毕业生普遍存在的问题。贫困大学生在面临职业选择时由于职业教育与职业认知模糊,职业能力与职业技能不足,自我认识与职业定位不清晰等问题,导致在职业选择过程中出现职业决策困难的状态。因此,帮助贫困生明确职业选择,做出正确的职业决策,成为贫困大学生的强烈内在需求,也是当前高校职业辅导的重点。     

加强烟草企业数据中心建设 强化数据分析应用

我国烟草企业普遍存在信息孤岛问题,现有的信息管理系统无法满足突发性查询及决策的需求,在很大程度上影响了决策的效率,造成获取必要的决策信息成本很高。为解决这些问题,本文提出基于数据仓库技术的烟草企业数据中心平台的设计方案。基于数据仓库技术的烟草企业数据中心平台可以统一数据源,实现企业信息的共享和交换,支持企业领导决策分析。     

基于企业最高决策层下的战略决策有效性研究

高品质企业战略既要能为企业发展提供帮助与指导,还要能在原则上不背离战略制定的理念,而这其中企业最高决策层的个人因素最为重要。企业最高决策层的决策特点和临机决断方式在很大程度上会影响企业既有的战略品质。对战略品质的把握,企业最高决策层应关注以下几个方面的问题:保持开放的思路;关注可用的资源;战略结构力求简单,战略方向力保明确;保持从容的决策心态,发挥团队决策的作用;对动荡的环境保持关注,并力求企业既有战略与之匹配。     

FEDERATION WITH MAJORITY DECISIONS: ECONOMIC LESSONS FROM THE HISTORY OF THE UNITE D STATES, GERMANY AND THE EUROPEAN UNION

This article examines the potential impact of qualified majority voting on decision-making within the EU. It draws on the experience of US federalism, Germany under Bismarck and the UK in the European Union. In each case, it is shown that geographical majorities (nations, states or regions) have used majority decision-making as a means of increasing their rivals' costs. It is argued that to prevent such behaviour in the future in the EU, the proposed Constitutional Treaty should raise, not lower, the decision-making quorum.     

辽宁成大多元化战略决策因素研究

随着中国经济飞速发展和市场竞争的加剧,许多企业为生存及发展壮大,逐步探索走多元化之路。本文根据多元化理论和能力键理论,通过对辽宁成大的多元化发展之路进行剖析发现：企业在专业化领域发展积累到一定程度时,进行适度的多元化扩张可以有效分散经营风险,为企业创造新的利润增长点;但是多元化并非无止境,必须把握一定的度,否则会丧失原本专业化经营的业绩优势。研究表明,企业要想成功实施多元化战略,多元化战略的时机选择与能力配备缺一不可。首先要在专业领域有所建树,其次才是有限多元化,且在多元化战略实施过程中必须注重培养企业风险控制能力、跨行业投资决策能力以及保证多元化经营的资本运作能力,从而提高企业经营系统的安全性,避免因多元化扩张导致自身骼入经营困境。     

Corporate plant location under uncertainty: Divergence between the interests of ownership and management

This paper expands current knowledge of location decision-making under uncertainty by analyzing instances where the corporate goal of profit maximization diverges from the managerial decision-maker's goal of maximizing personal profit. With illustrations based on alternative decision-making criteria, the paper demonstrates that a corporate manager acting in his own self interest may select a plant site that does not maximize corporate profits. The trend for US corporations to select suburban locations, despite the cost advantages of older urban areas, is illustrative of this divergence between the objectives of ownership and management.     

国有商业银行股权结构设置探析

国有商业银行的股权设置成为目前银行改革的重中之重,文章认为在欧洲、亚洲等国家的国有企业改革过程得到广泛应用的“金股”设置无疑为一个现实选择,它不仅可以使政府保持对国有商业银行的战略控制而又不参与银行的日常决策、管理,实现政企分开,而且可以扩大战略投资者的决策影响力,更好地激发战略投资者的投资兴趣。     

项目的最佳投资时机问题的研究

长期以来广泛应用的以货币的时间价值为着眼点的投资决策方法,暗含了管理者只能被动的拒绝或接受某投资项目的假设,或者说忽略了管理者的存在和作用,这显然与现实不符。用金融领域中的期权二项树理论,提出项目最佳投资时机的期权决策法,使企业作出的关于项目最佳投资时机的决策更加有效、合理;企业可以据此决定在什么情况下应该推迟对项目进行投资,在什么情况下应该立即投资。     

PLANNING THROUGH INCLUSIVE DIALOGUE: NO ESCAPE FROM SOCIAL CHOICE DILEMMAS

The thrust of the theory of preference aggregation is that it is impossible to design institutions guaranteeing collective decisions that are both consistent and fair. Proponents of deliberative democracy have used this as an argument for decision-making based on dialogue rather than voting. Communicative public planning - producing plans through public participation exercises - is seen as an integral part of deliberative democracy. It is argued here, however, that the inclusive dialogue of this style of planning cannot promise escape from arbitrariness and does not necessarily deliver improved local decision-making.