Prospect theory as an explanation for resistance to organizational change: some management implications
The problem in organizational change projects is that people often resist organizational change. Many change projects in organizations do not reach their goals. The question is why? This paper investigates how prospect theory can be used to explain people’s resistance to organizational change. Prosp...
| Main Authors: | , |
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| Format: | Article |
| Language: | English |
| Published: |
LLC "CPC "Business Perspectives"
2016-05-01
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| Series: | Problems and Perspectives in Management |
| Online Access: | https://businessperspectives.org/images/pdf/applications/publishing/templates/article/assets/7272/PPM_2016_02_Adriaenssen.pdf |
| _version_ | 1818519949008699392 |
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| author | Daniel J. Adriaenssen Jon-Arild Johannessen |
| author_facet | Daniel J. Adriaenssen Jon-Arild Johannessen |
| author_sort | Daniel J. Adriaenssen |
| collection | DOAJ |
| description | The problem in organizational change projects is that people often resist organizational change. Many change projects in organizations do not reach their goals. The question is why? This paper investigates how prospect theory can be used to explain people’s resistance to organizational change. Prospect theory is based on research from Kahneman and Tversky. If we know why people resist organizational change, we as leaders can do something to promote the change project. The objective of this article is to advise managers and leaders on ways of reducing resistance to organizational change. The authors identify seven propositions that explain how managerial strategies reduce organizational change. They recommend seven measures that may be employed by management to obtain support for projects implementing organizational change |
| first_indexed | 2024-12-11T01:30:52Z |
| format | Article |
| id | doaj.art-a5b8f45f86fb4740a2eb34d89751f2a4 |
| institution | Directory Open Access Journal |
| issn | 1727-7051 1810-5467 |
| language | English |
| last_indexed | 2024-12-11T01:30:52Z |
| publishDate | 2016-05-01 |
| publisher | LLC "CPC "Business Perspectives" |
| record_format | Article |
| series | Problems and Perspectives in Management |
| spelling | doaj.art-a5b8f45f86fb4740a2eb34d89751f2a42022-12-22T01:25:22ZengLLC "CPC "Business Perspectives"Problems and Perspectives in Management1727-70511810-54672016-05-01142849210.21511/ppm.14(2).2016.097272Prospect theory as an explanation for resistance to organizational change: some management implicationsDaniel J. Adriaenssen0Jon-Arild Johannessen1Research Fellow, Department of Psychology, Århus University, DenmarkProfessor (Full), Nord University and Kristiania University CollegeThe problem in organizational change projects is that people often resist organizational change. Many change projects in organizations do not reach their goals. The question is why? This paper investigates how prospect theory can be used to explain people’s resistance to organizational change. Prospect theory is based on research from Kahneman and Tversky. If we know why people resist organizational change, we as leaders can do something to promote the change project. The objective of this article is to advise managers and leaders on ways of reducing resistance to organizational change. The authors identify seven propositions that explain how managerial strategies reduce organizational change. They recommend seven measures that may be employed by management to obtain support for projects implementing organizational changehttps://businessperspectives.org/images/pdf/applications/publishing/templates/article/assets/7272/PPM_2016_02_Adriaenssen.pdf |
| spellingShingle | Daniel J. Adriaenssen Jon-Arild Johannessen Prospect theory as an explanation for resistance to organizational change: some management implications Problems and Perspectives in Management |
| title | Prospect theory as an explanation for resistance to organizational change: some management implications |
| title_full | Prospect theory as an explanation for resistance to organizational change: some management implications |
| title_fullStr | Prospect theory as an explanation for resistance to organizational change: some management implications |
| title_full_unstemmed | Prospect theory as an explanation for resistance to organizational change: some management implications |
| title_short | Prospect theory as an explanation for resistance to organizational change: some management implications |
| title_sort | prospect theory as an explanation for resistance to organizational change some management implications |
| url | https://businessperspectives.org/images/pdf/applications/publishing/templates/article/assets/7272/PPM_2016_02_Adriaenssen.pdf |
| work_keys_str_mv | AT danieljadriaenssen prospecttheoryasanexplanationforresistancetoorganizationalchangesomemanagementimplications AT jonarildjohannessen prospecttheoryasanexplanationforresistancetoorganizationalchangesomemanagementimplications |