Strategic Change Management

Subunits in a Multinational Corporation must relate to a corporate center with a certain mandate, authority and power. The Corporate Center has a legitimate role in directing and influencing subunits regarding the adoption of organizational management strategies. This means that Strategic Change and its management, including decision making in subsidiaries of MNCs (or parented firms) is heavily influenced or determined by the overall Corporate Strategy. Therefore, strategic change management practices in parented companies differ, a great deal, from that of their domestic counterparts. This book provides some insights into the process and impact on subsidiaries of reforms initiated by the Corporate Centers.