Now showing 1 - 10 of 17
No Thumbnail Available
Publication

Die Vision als Erfolgsfaktor: Ein Rahmenmodell für den strategischen Einsatz von Visionen bei M&A-Transaktionen

2020 , Klostermann, Anna Katharina , Düsterhoff, Henning

No Thumbnail Available
Publication

M&A zur Bewältigung von strategischem Wandel

2017-08-22 , Düsterhoff, Henning , Pfeifle, Kathrin , Holeksa, Jürgen , Müller-Stewens, Günter , Feix, Thorsten , Büchler, Jan-Philipp , Straub, Thomas

No Thumbnail Available
Publication

Symposium: Untangling the Mechanisms of Dynamic Capabilities: An Integrative Perspective on Heuristics and Routines

2017-08 , Rauch, Madeleine , Düsterhoff, Henning

No Thumbnail Available
Publication

Toolbox zur Performance-Messung in der PMI-Phase

2017 , Haye, Philipp , Düsterhoff, Henning

No Thumbnail Available
Publication

The role and interplay of heuristics and capabilities in post-merger integration process

2017-08 , Düsterhoff, Henning , Müller-Stewens, Günter

No Thumbnail Available
Publication

Von der Qualität und Quantitätdes deutschen M&A Marktes - eine phasenorientiere Entwicklungsanalyse

2016 , Düsterhoff, Henning , Kunisch, Sven Gunnar Tilo

No Thumbnail Available
Publication

Managing the M&A Integration Challenge: The Strategy of Simple Rules Heuristics

2018 , Düsterhoff, Henning

Researchers and practitioners both acknowledge the integration phase as crucial to the success of merger and acquisition (M&A) projects. However, the integration phase is described as the most complex, uncertain, and dynamic. As these characteristics make both the study and the actual management of integration quite challenging, our knowledge of this activity remains limited. Nonetheless, addressing these questions is highly relevant. To do so, this doctoral thesis proposes an extension of perspectives as it links M&A integration processes with the simple rules program to ask: “How do simple rules interact with the integration process?” Thereby, it follows an embedded, qualitative case‐study design to research the integration phase of an international cross‐border acquisition. Based on 39 interviews, archival data, and observations over a timespan of 18 months, this abductive process study finds that processes during the integration phase are managed via organizational simple rules heuristics. “Located at the heart of strategy”, these semi‐structured rules are developed, used, shared, and reshaped within an organization. In interlinking the simple rules program and the M&A integration process, this dissertation enhances and deepens our overall understanding of the managerial activities in the integration process. It contributes to the PMI audience, with an in depth case study of a large‐scale integration process and a derived model that supports a conception of the PMI phase as a dynamic and complex process. Further, the study offers insights on the management of this process. In doing so, it also addresses the community studying organizational heuristics in 1) determining that simple rules play an important role during strategic change processes; 2) introducing a typology of heuristics that expands the extant ones; and 3) developing a model that informs us about how various actors in an organization work with the heuristics. At the same time, this study offers several practical suggestions to those practitioners who manage or support strategic change processes or are involved in them.

No Thumbnail Available
Publication

Heuristics as Antecedents of Post-Merger Integration Performance?

2016-09-17 , Düsterhoff, Henning , Stonig, Joachim , Pfeifle, Kathrin

Researchers and practitioners alike hold activities in the post-merger integration (PMI) phase accountable for the lion’s share of M&A underperformance. A review of the existing literature suggests that studying the influences of organizational and managerial cognition on this organizational process that is central to strategy (Bingham and Eisenhardt, 2011) might offer a promising approach. Building on cognitive theory, we analyze the role of heuristics during the PMI phase of a big German top tier automotive supplier. Our contribution to the field of strategic management is twofold. In applying new theoretical and methodological perspectives to the phenomena of PMI, we aim to extend existing explanations for success factors of PMI. In researching heuristics, we seek to better understand individual and shared organizational cognition and subsequent behavior.

No Thumbnail Available
Publication

ZF Friedrichshafen’s acquisition of TRW Automotive. Part A: Making the deal. Part B: Shaping the process between signing and closing. Part C: Post-merger integration

2017 , Düsterhoff, Henning , Pfeifle, Kathrin , Müller-Stewens, Günter , Ringlstetter, Max

No Thumbnail Available
Publication

Die Vision – vom Mauerblümchen zum Star unter den M&A-Erfolgsfaktoren?

2019 , Klostermann, Anna Katharina , Düsterhoff, Henning