Seminar paper from the year 2010 in the subject Business economics -
Business Management, Corporate Governance, grade: 1,7, Växjö University
(Organizational Development), course: Change and Renewal, language:
English, abstract: In the late 1990's Ericsson faced major problems,
selling their products to customers. Ericsson experienced a crash from
being the market leader to rock bottom. To save Ericsson's reputation,
they needed to find a solution to their problem to survive in the
market. Therefore Ericsson's approach was to look for a company, which
would provide the expertise, they lacked. They found an equal partner in
Sony and built a Joint Venture with them. However, success is not
automatically guaranteed when joining forces with another company.
Success is a question of many aspects. The change and turnaround at
Ericsson is described in this work. Furthermore is the sucess of the
change discussed, using theoretical models from the works of French/Bell
"Organizational Development" The Congruence Model and The Litwin/Burke
Model. Furthermore the approach of Innovative Organizations was used as
well as Jackson/Carter's "Rethinking Organizational Behaviour" approach
on Semiotics, Power and Knowledge.