Managing Change in Corporate Climate Action
(2022) MGTN59 20221Department of Business Administration
- Abstract
- In an uncertain and ambiguous world, organizations need to find new ways to manage change and stay in business. Constantly changing environmental policies and corporate climate action puts even more pressure on organizations in change management. It is apparent that corporate climate action shapes the way companies operate a business. Hence, the purpose of the present study is to shed light on managing change in corporate climate action in Sweden.
One type of corporate climate action is Science Based Targets (SBT) implementation. SBT implementation was selected since research in corporate climate action is limited and sustainable business is principal to creating a long-term value for companies. The present study was based on change... (More) - In an uncertain and ambiguous world, organizations need to find new ways to manage change and stay in business. Constantly changing environmental policies and corporate climate action puts even more pressure on organizations in change management. It is apparent that corporate climate action shapes the way companies operate a business. Hence, the purpose of the present study is to shed light on managing change in corporate climate action in Sweden.
One type of corporate climate action is Science Based Targets (SBT) implementation. SBT implementation was selected since research in corporate climate action is limited and sustainable business is principal to creating a long-term value for companies. The present study was based on change management theory: the Bolman and Deal Model (2017), the ADKAR Model (Hiatt, 2006), and previous research (Sarasini & Jacon, 2014). Companies that are part of SBT implementation in Sweden were chosen as a target sample. The mixed-methods approach of using qualitative and quantitative data was used in the present study. Overall, the participants' pool consisted of 23 surveys and 10 interviews with participants who were sustainability managers or SBT's responsible company representatives.
Change management theories have been applied and adapted to a company's type of business, size of the company, and current business needs. The empirical findings showed that the selected change management theories are practical and applicable in SBT implementation. The results showed that each change management component has a different level of importance in SBT implementation. Furthermore, the present study results indicate that organizational and people change management are interconnected and interdependent. It also revealed that the necessity of SBT implementations is more likely to be perceived as important than the SBT's support and guidelines. The present study offers practical implications to the managers, management teams, and relevant stakeholders on managing change in corporate climate action and other areas of managing change. (Less)
Please use this url to cite or link to this publication:
http://lup.lub.lu.se/student-papers/record/9086797
- author
- Kopaievska, Yelyzaveta LU and Sihalath, Toukkham LU
- supervisor
- organization
- alternative title
- Managing Change in Corporate Climate Action - A Study of Change Management to Support the Science Based Targets (SBT) Implementation in Sweden
- course
- MGTN59 20221
- year
- 2022
- type
- H1 - Master's Degree (One Year)
- subject
- keywords
- Corporate Climate Action, Science Based Targets, Change Management, Organizational Management, People Management, Change Factor.
- language
- English
- id
- 9086797
- date added to LUP
- 2022-06-23 12:01:01
- date last changed
- 2022-06-23 12:01:01
@misc{9086797, abstract = {{In an uncertain and ambiguous world, organizations need to find new ways to manage change and stay in business. Constantly changing environmental policies and corporate climate action puts even more pressure on organizations in change management. It is apparent that corporate climate action shapes the way companies operate a business. Hence, the purpose of the present study is to shed light on managing change in corporate climate action in Sweden. One type of corporate climate action is Science Based Targets (SBT) implementation. SBT implementation was selected since research in corporate climate action is limited and sustainable business is principal to creating a long-term value for companies. The present study was based on change management theory: the Bolman and Deal Model (2017), the ADKAR Model (Hiatt, 2006), and previous research (Sarasini & Jacon, 2014). Companies that are part of SBT implementation in Sweden were chosen as a target sample. The mixed-methods approach of using qualitative and quantitative data was used in the present study. Overall, the participants' pool consisted of 23 surveys and 10 interviews with participants who were sustainability managers or SBT's responsible company representatives. Change management theories have been applied and adapted to a company's type of business, size of the company, and current business needs. The empirical findings showed that the selected change management theories are practical and applicable in SBT implementation. The results showed that each change management component has a different level of importance in SBT implementation. Furthermore, the present study results indicate that organizational and people change management are interconnected and interdependent. It also revealed that the necessity of SBT implementations is more likely to be perceived as important than the SBT's support and guidelines. The present study offers practical implications to the managers, management teams, and relevant stakeholders on managing change in corporate climate action and other areas of managing change.}}, author = {{Kopaievska, Yelyzaveta and Sihalath, Toukkham}}, language = {{eng}}, note = {{Student Paper}}, title = {{Managing Change in Corporate Climate Action}}, year = {{2022}}, }