Navigating Joint Venture Turbulence: Understanding the Effects on Employee Workload, Job Satisfaction and Motivation
Publicerad
Författare
Typ
Examensarbete för masterexamen
Master's Thesis
Master's Thesis
Modellbyggare
Tidskriftstitel
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Volymtitel
Utgivare
Sammanfattning
This thesis examines the impact of a joint venture (JV) on employees’ workload, job
satisfaction, and motivation in the case of Alpha. The automotive company Alpha
Cars was sold to companies Delta and Beta in 2021, creating a JV called Gamma
to reposition Alpha Cars in the market. Alpha Cars was previously an Original
Equipment Manufacturer (OEM) consisting of Alpha, the engineering entity, and
Omega, the production entity. Omega joined the JV and Alpha took on a role as
supporters to the JV and will be, once the competence and processes are stable
within the JV, terminated. The research was conducted while being part of the
project management team at Alpha, giving the opportunity to interact with multiple
departments and gain a holistic understanding of the challenges faced within the
organization.
The JV Gamma resulted in major cultural and project role changes for Alpha.
To gather empirical data, a case study methodology was chosen, which included a
literature review, seven weeks of observation, and 12 semi-structured interviews with
Alpha employees. The study revealed a lack of clear communication between the JV
and Alpha, emotional challenges during the transition, and a timing impact on the
project. The study found a distinct shift in employee engagement, but it was higher
than expected regarding the interviewees current level of workload, job satisfaction,
and motivation. To improve employee perceptions and relationships between the
JV and Alpha, the study suggests clear and effective communication, a focus on
common goals, the creation of ties between team members, the utilization of the
skills and experience of both organizations, the improvement of internal processes,
and effective change management during downsizing.
Beskrivning
Ämne/nyckelord
Joint Venture, Employee, Job Satisfaction, Motivation, Workload