Constructing performance measurement model for the M&A integration project - Objectives and Key Results (OKR)

Yrityskaupat ovat strategisia hankkeita, jotka voivat tuoda kummallekin osapuolelle erilaisia etuja kuten mahdollisuuden tehdä liiketoimintaa yhdessä tehokkaammin kuin erikseen. Synergiat ovatkin yksi yleisimmistä syistä yrityskaupoille. Yritysostoja koskevan tutkimuksen mukaan ostavan yrityksen ja...

Full description

Bibliographic Details
Main Author: Luhtaniemi, Petrus
Other Authors: Kauppakorkeakoulu, School of Business and Economics, Taloustieteet, Business and Economics, Jyväskylän yliopisto, University of Jyväskylä
Format: Master's thesis
Language:eng
Published: 2020
Subjects:
Online Access: https://jyx.jyu.fi/handle/123456789/67688
_version_ 1826225760271073280
author Luhtaniemi, Petrus
author2 Kauppakorkeakoulu School of Business and Economics Taloustieteet Business and Economics Jyväskylän yliopisto University of Jyväskylä
author_facet Luhtaniemi, Petrus Kauppakorkeakoulu School of Business and Economics Taloustieteet Business and Economics Jyväskylän yliopisto University of Jyväskylä Luhtaniemi, Petrus Kauppakorkeakoulu School of Business and Economics Taloustieteet Business and Economics Jyväskylän yliopisto University of Jyväskylä
author_sort Luhtaniemi, Petrus
datasource_str_mv jyx
description Yrityskaupat ovat strategisia hankkeita, jotka voivat tuoda kummallekin osapuolelle erilaisia etuja kuten mahdollisuuden tehdä liiketoimintaa yhdessä tehokkaammin kuin erikseen. Synergiat ovatkin yksi yleisimmistä syistä yrityskaupoille. Yritysostoja koskevan tutkimuksen mukaan ostavan yrityksen ja kohdeyrityksen välisen integraation onnistuminen ennustaa parhaiten koko yrityskaupan onnistumista. Tutkimus on kuitenkin osoittanut, että synergiat ovat usein vaikeita realisoida ja yrityskaupat on vaikea tapa luoda arvoa osakkeenomistajille. Tämä Pro Gradu -tutkielma tehdään case-yritykselle, joka on ostanut sen kilpailijan vahvistaakseen omaa kilpailukykyään markkinoilla. Näiden strategisten tavoitteiden saavuttaminen edellyttää sekä onnistunutta integraatiota kohdeyrityksen ja ostavan yrityksen välillä että odotettujen synergioiden realisoitumista. Tässä Pro Gradussa luodaan suoritusmittaristo integraatioprojektille käyttämällä konstruktiivista tutkimusotetta. Tutkimuksen tavoitteena on tukea case-yrityksen yrityskaupan onnistumista luomalla suoritusmittaristo integraatioprojektiin. Mittaristomalli integraatioprojektiin luotiin yhteistyössä tutkijan ja case-yrityksen johdon kanssa hyödyntäen olemassa olevaa tutkittua tietoa ja case-yrityksen johdon aikaisempaa työkokemusta. Tuloksena syntyi mittaristomalli integraatioprojektiin, joka rakennettiin OKR-viitekehyksen ympärille. Tässä Pro Gradussa keskitytään ensisijaisesti integraatioprojektin mittaristomallin luomiseen, mutta koska tutkija näki integraatioprojektin alun, myös luodun mittariston soveltuvuutta pystyttiin raportoimaan lyhyesti. Mittaristomalli otettiin käyttöön lähes kokonaan luodun mallin mukaisesti ja se toi johdonmukaisuutta integraatioprojektiin. Toisaalta käyttöönotto osoitti myös, että jotkut mittarit oli helpompi asettaa kuin ottaa käyttöön. Mergers and acquisitions (M&As) are strategic decisions that can create different benefits for both parties such as running a business more efficiently together than apart. Synergies are one of the most common reasons for M&As. According to M&A research, the success of the integration between an acquirer and acquiree is the strongest predictor of the success of the whole acquisition. Nonetheless, research has found that synergies are usually hard to realize and M&As are a difficult way to create value for sharehold- ers. This Master’s Thesis is conducted for a case company that has acquired its com- petitor to strengthen its competitive advantage in the market. To fulfill these strategic objectives, integration between acquirer and acquiree has to be successful and the ex- pected synergies need to be realized. In this Master’s Thesis performance measurement model for the integration project is created using the Constructive Research Approach. The goal of the study is to support the success of the M&A project by constructing a measurement model for the integration project. The measurement model for the integration project was constructed in collabora- tion with the researcher and company where current information in the M&A research stream and the experience of case company managers were utilized. As a result, the measurement model for the integration project was constructed based on OKR- framework. This Master’s Thesis focuses primarily on constructing a measurement model for the integration project but because the researcher was able to see the beginning of the integration project, the applicability of the constructed measurement model was also briefly reported. The measurement model was implemented almost fully into use and the results showed that it brought consistency to the integration project. However, the implementation also showed that some key results were easier to set than bring into use.
first_indexed 2020-02-03T21:01:05Z
format Pro gradu
free_online_boolean 1
fullrecord [{"key": "dc.contributor.advisor", "value": "Pellinen, Jukka", "language": "", "element": "contributor", "qualifier": "advisor", "schema": "dc"}, {"key": "dc.contributor.author", "value": "Luhtaniemi, Petrus", "language": "", "element": "contributor", "qualifier": "author", "schema": "dc"}, {"key": "dc.date.accessioned", "value": "2020-02-03T05:59:00Z", "language": null, "element": "date", "qualifier": "accessioned", "schema": "dc"}, {"key": "dc.date.available", "value": "2020-02-03T05:59:00Z", "language": null, "element": "date", "qualifier": "available", "schema": "dc"}, {"key": "dc.date.issued", "value": "2020", "language": "", "element": "date", "qualifier": "issued", "schema": "dc"}, {"key": "dc.identifier.uri", "value": "https://jyx.jyu.fi/handle/123456789/67688", "language": null, "element": "identifier", "qualifier": "uri", "schema": "dc"}, {"key": "dc.description.abstract", "value": "Yrityskaupat ovat strategisia hankkeita, jotka voivat tuoda kummallekin osapuolelle erilaisia etuja kuten mahdollisuuden tehd\u00e4 liiketoimintaa yhdess\u00e4 tehokkaammin kuin erikseen. Synergiat ovatkin yksi yleisimmist\u00e4 syist\u00e4 yrityskaupoille. Yritysostoja koskevan tutkimuksen mukaan ostavan yrityksen ja kohdeyrityksen v\u00e4lisen integraation onnistuminen ennustaa parhaiten koko yrityskaupan onnistumista. Tutkimus on kuitenkin osoittanut, ett\u00e4 synergiat ovat usein vaikeita realisoida ja yrityskaupat on vaikea tapa luoda arvoa osakkeenomistajille.\nT\u00e4m\u00e4 Pro Gradu -tutkielma tehd\u00e4\u00e4n case-yritykselle, joka on ostanut sen kilpailijan vahvistaakseen omaa kilpailukyky\u00e4\u00e4n markkinoilla. N\u00e4iden strategisten tavoitteiden saavuttaminen edellytt\u00e4\u00e4 sek\u00e4 onnistunutta integraatiota kohdeyrityksen ja ostavan yrityksen v\u00e4lill\u00e4 ett\u00e4 odotettujen synergioiden realisoitumista. T\u00e4ss\u00e4 Pro Gradussa luodaan suoritusmittaristo integraatioprojektille k\u00e4ytt\u00e4m\u00e4ll\u00e4 konstruktiivista tutkimusotetta. Tutkimuksen tavoitteena on tukea case-yrityksen yrityskaupan onnistumista luomalla suoritusmittaristo integraatioprojektiin.\nMittaristomalli integraatioprojektiin luotiin yhteisty\u00f6ss\u00e4 tutkijan ja case-yrityksen johdon kanssa hy\u00f6dynt\u00e4en olemassa olevaa tutkittua tietoa ja case-yrityksen johdon aikaisempaa ty\u00f6kokemusta. Tuloksena syntyi mittaristomalli integraatioprojektiin, joka rakennettiin OKR-viitekehyksen ymp\u00e4rille.\nT\u00e4ss\u00e4 Pro Gradussa keskityt\u00e4\u00e4n ensisijaisesti integraatioprojektin mittaristomallin luomiseen, mutta koska tutkija n\u00e4ki integraatioprojektin alun, my\u00f6s luodun mittariston soveltuvuutta pystyttiin raportoimaan lyhyesti. Mittaristomalli otettiin k\u00e4ytt\u00f6\u00f6n l\u00e4hes kokonaan luodun mallin mukaisesti ja se toi johdonmukaisuutta integraatioprojektiin. Toisaalta k\u00e4ytt\u00f6\u00f6notto osoitti my\u00f6s, ett\u00e4 jotkut mittarit oli helpompi asettaa kuin ottaa k\u00e4ytt\u00f6\u00f6n.", "language": "fi", "element": "description", "qualifier": "abstract", "schema": "dc"}, {"key": "dc.description.abstract", "value": "Mergers and acquisitions (M&As) are strategic decisions that can create different\nbenefits for both parties such as running a business more efficiently together than apart. Synergies are one of the most common reasons for M&As. According to M&A research, the success of the integration between an acquirer and acquiree is the strongest predictor of the success of the whole acquisition. Nonetheless, research has found that synergies are usually hard to realize and M&As are a difficult way to create value for sharehold- ers.\nThis Master\u2019s Thesis is conducted for a case company that has acquired its com- petitor to strengthen its competitive advantage in the market. To fulfill these strategic objectives, integration between acquirer and acquiree has to be successful and the ex- pected synergies need to be realized. In this Master\u2019s Thesis performance measurement model for the integration project is created using the Constructive Research Approach. The goal of the study is to support the success of the M&A project by constructing a measurement model for the integration project.\nThe measurement model for the integration project was constructed in collabora- tion with the researcher and company where current information in the M&A research stream and the experience of case company managers were utilized. As a result, the measurement model for the integration project was constructed based on OKR- framework.\nThis Master\u2019s Thesis focuses primarily on constructing a measurement model for the integration project but because the researcher was able to see the beginning of the integration project, the applicability of the constructed measurement model was also briefly reported. The measurement model was implemented almost fully into use and the results showed that it brought consistency to the integration project. However, the implementation also showed that some key results were easier to set than bring into use.", "language": "en", "element": "description", "qualifier": "abstract", "schema": "dc"}, {"key": "dc.description.provenance", "value": "Submitted by Miia Hakanen (mihakane@jyu.fi) on 2020-02-03T05:58:59Z\nNo. of bitstreams: 0", "language": "en", "element": "description", "qualifier": "provenance", "schema": "dc"}, {"key": "dc.description.provenance", "value": "Made available in DSpace on 2020-02-03T05:59:00Z (GMT). No. of bitstreams: 0\n Previous issue date: 2020", "language": "en", "element": "description", "qualifier": "provenance", "schema": "dc"}, {"key": "dc.format.extent", "value": "71", "language": "", "element": "format", "qualifier": "extent", "schema": "dc"}, {"key": "dc.format.mimetype", "value": "application/pdf", "language": null, "element": "format", "qualifier": "mimetype", "schema": "dc"}, {"key": "dc.language.iso", "value": "eng", "language": null, "element": "language", "qualifier": "iso", "schema": "dc"}, {"key": "dc.rights", "value": "In Copyright", "language": "en", "element": "rights", "qualifier": null, "schema": "dc"}, {"key": "dc.subject.other", "value": "integraatioprojekti", "language": "", "element": "subject", "qualifier": "other", "schema": "dc"}, {"key": "dc.subject.other", "value": "yritysostaja", "language": "", "element": "subject", "qualifier": "other", "schema": "dc"}, {"key": "dc.subject.other", "value": "mittaristomalli", "language": "", "element": "subject", "qualifier": "other", "schema": "dc"}, {"key": "dc.subject.other", "value": "Objectives and Key Results (OKR)", "language": "", "element": "subject", "qualifier": "other", "schema": "dc"}, {"key": "dc.subject.other", "value": "Balanced Scorecard (BSC)", "language": "", "element": "subject", "qualifier": "other", "schema": "dc"}, {"key": "dc.subject.other", "value": "Merger and Acquisition (M&A)", "language": "", "element": "subject", "qualifier": "other", "schema": "dc"}, {"key": "dc.subject.other", "value": "the Integration Project", "language": "", "element": "subject", "qualifier": "other", "schema": "dc"}, {"key": "dc.subject.other", "value": "the Acquirer", "language": "", "element": "subject", "qualifier": "other", "schema": "dc"}, {"key": "dc.subject.other", "value": "the Acquiree", "language": "", "element": "subject", "qualifier": "other", "schema": "dc"}, {"key": "dc.subject.other", "value": "Measurement Model", "language": "", "element": "subject", "qualifier": "other", "schema": "dc"}, {"key": "dc.subject.other", "value": "Objectives and Key Results (OKR)", "language": "", "element": "subject", "qualifier": "other", "schema": "dc"}, {"key": "dc.subject.other", "value": "Balanced Scorecard (BSC)", "language": "", "element": "subject", "qualifier": "other", "schema": "dc"}, {"key": "dc.title", "value": "Constructing performance measurement model for the M&A integration project - Objectives and Key Results (OKR)", "language": "", "element": "title", "qualifier": null, "schema": "dc"}, {"key": "dc.type", "value": "master thesis", "language": null, "element": "type", "qualifier": null, "schema": "dc"}, {"key": "dc.identifier.urn", "value": "URN:NBN:fi:jyu-202002031952", "language": "", "element": "identifier", "qualifier": "urn", "schema": "dc"}, {"key": "dc.type.ontasot", "value": "Pro gradu -tutkielma", "language": "fi", "element": "type", "qualifier": "ontasot", "schema": "dc"}, {"key": "dc.type.ontasot", "value": "Master\u2019s thesis", "language": "en", "element": "type", "qualifier": "ontasot", "schema": "dc"}, {"key": "dc.contributor.faculty", "value": "Jyv\u00e4skyl\u00e4 University School of Business and Economics", "language": "en", "element": "contributor", "qualifier": "faculty", "schema": "dc"}, {"key": "dc.contributor.faculty", "value": "Jyv\u00e4skyl\u00e4n yliopiston kauppakorkeakoulu", "language": "fi", "element": "contributor", "qualifier": "faculty", "schema": "dc"}, {"key": "dc.contributor.department", "value": "Taloustieteet", "language": "fi", "element": "contributor", "qualifier": "department", "schema": "dc"}, {"key": "dc.contributor.department", "value": "Business and Economics", "language": "en", "element": "contributor", "qualifier": "department", "schema": "dc"}, {"key": "dc.contributor.organization", "value": "Jyv\u00e4skyl\u00e4n yliopisto", "language": "fi", "element": "contributor", "qualifier": "organization", "schema": "dc"}, {"key": "dc.contributor.organization", "value": "University of Jyv\u00e4skyl\u00e4", "language": "en", "element": "contributor", "qualifier": "organization", "schema": "dc"}, {"key": "dc.subject.discipline", "value": "Laskentatoimi", "language": "fi", "element": "subject", "qualifier": "discipline", "schema": "dc"}, {"key": "dc.subject.discipline", "value": "Accounting", "language": "en", "element": "subject", "qualifier": "discipline", "schema": "dc"}, {"key": "yvv.contractresearch.collaborator", "value": "business", "language": "", "element": "contractresearch", "qualifier": "collaborator", "schema": "yvv"}, {"key": "yvv.contractresearch.funding", "value": "0", "language": "", "element": "contractresearch", "qualifier": "funding", "schema": "yvv"}, {"key": "yvv.contractresearch.initiative", "value": "student", "language": "", "element": "contractresearch", "qualifier": "initiative", "schema": "yvv"}, {"key": "dc.type.coar", "value": "http://purl.org/coar/resource_type/c_bdcc", "language": null, "element": "type", "qualifier": "coar", "schema": "dc"}, {"key": "dc.rights.accesslevel", "value": "openAccess", "language": null, "element": "rights", "qualifier": "accesslevel", "schema": "dc"}, {"key": "dc.type.publication", "value": "masterThesis", "language": null, "element": "type", "qualifier": "publication", "schema": "dc"}, {"key": "dc.subject.oppiainekoodi", "value": "20421", "language": "", "element": "subject", "qualifier": "oppiainekoodi", "schema": "dc"}, {"key": "dc.subject.yso", "value": "synergia", "language": null, "element": "subject", "qualifier": "yso", "schema": "dc"}, {"key": "dc.subject.yso", "value": "yritysfuusiot", "language": null, "element": "subject", "qualifier": "yso", "schema": "dc"}, {"key": "dc.subject.yso", "value": "yrityskaupat", "language": null, "element": "subject", "qualifier": "yso", "schema": "dc"}, {"key": "dc.subject.yso", "value": "yritykset", "language": null, "element": "subject", "qualifier": "yso", "schema": "dc"}, {"key": "dc.subject.yso", "value": "yrityskaupat", "language": null, "element": "subject", "qualifier": "yso", "schema": "dc"}, {"key": "dc.subject.yso", "value": "menestystekij\u00e4t", "language": null, "element": "subject", "qualifier": "yso", "schema": "dc"}, {"key": "dc.subject.yso", "value": "tasapainotettu mittaristo", "language": null, "element": "subject", "qualifier": "yso", "schema": "dc"}, {"key": "dc.subject.yso", "value": "arvonluonti", "language": null, "element": "subject", "qualifier": "yso", "schema": "dc"}, {"key": "dc.subject.yso", "value": "synergy", "language": null, "element": "subject", "qualifier": "yso", "schema": "dc"}, {"key": "dc.subject.yso", "value": "mergers", "language": null, "element": "subject", "qualifier": "yso", "schema": "dc"}, {"key": "dc.subject.yso", "value": "corporate acquisitions", "language": null, "element": "subject", "qualifier": "yso", "schema": "dc"}, {"key": "dc.subject.yso", "value": "enterprises", "language": null, "element": "subject", "qualifier": "yso", "schema": "dc"}, {"key": "dc.subject.yso", "value": "corporate acquisitions", "language": null, "element": "subject", "qualifier": "yso", "schema": "dc"}, {"key": "dc.subject.yso", "value": "success factors", "language": null, "element": "subject", "qualifier": "yso", "schema": "dc"}, {"key": "dc.subject.yso", "value": "balanced scorecard", "language": null, "element": "subject", "qualifier": "yso", "schema": "dc"}, {"key": "dc.subject.yso", "value": "value creation", "language": null, "element": "subject", "qualifier": "yso", "schema": "dc"}, {"key": "dc.format.content", "value": "fulltext", "language": null, "element": "format", "qualifier": "content", "schema": "dc"}, {"key": "dc.rights.url", "value": "https://rightsstatements.org/page/InC/1.0/", "language": null, "element": "rights", "qualifier": "url", "schema": "dc"}, {"key": "dc.type.okm", "value": "G2", "language": null, "element": "type", "qualifier": "okm", "schema": "dc"}]
id jyx.123456789_67688
language eng
last_indexed 2025-02-18T10:55:43Z
main_date 2020-01-01T00:00:00Z
main_date_str 2020
online_boolean 1
online_urls_str_mv {"url":"https:\/\/jyx.jyu.fi\/bitstreams\/64520036-dee6-455c-9588-7138ea5d9d6e\/download","text":"URN:NBN:fi:jyu-202002031952.pdf","source":"jyx","mediaType":"application\/pdf"}
publishDate 2020
record_format qdc
source_str_mv jyx
spellingShingle Luhtaniemi, Petrus Constructing performance measurement model for the M&A integration project - Objectives and Key Results (OKR) integraatioprojekti yritysostaja mittaristomalli Objectives and Key Results (OKR) Balanced Scorecard (BSC) Merger and Acquisition (M&A) the Integration Project the Acquirer the Acquiree Measurement Model Laskentatoimi Accounting 20421 synergia yritysfuusiot yrityskaupat yritykset menestystekijät tasapainotettu mittaristo arvonluonti synergy mergers corporate acquisitions enterprises success factors balanced scorecard value creation
title Constructing performance measurement model for the M&A integration project - Objectives and Key Results (OKR)
title_full Constructing performance measurement model for the M&A integration project - Objectives and Key Results (OKR)
title_fullStr Constructing performance measurement model for the M&A integration project - Objectives and Key Results (OKR) Constructing performance measurement model for the M&A integration project - Objectives and Key Results (OKR)
title_full_unstemmed Constructing performance measurement model for the M&A integration project - Objectives and Key Results (OKR) Constructing performance measurement model for the M&A integration project - Objectives and Key Results (OKR)
title_short Constructing performance measurement model for the M&A integration project - Objectives and Key Results (OKR)
title_sort constructing performance measurement model for the m a integration project objectives and key results okr
title_txtP Constructing performance measurement model for the M&A integration project - Objectives and Key Results (OKR)
topic integraatioprojekti yritysostaja mittaristomalli Objectives and Key Results (OKR) Balanced Scorecard (BSC) Merger and Acquisition (M&A) the Integration Project the Acquirer the Acquiree Measurement Model Laskentatoimi Accounting 20421 synergia yritysfuusiot yrityskaupat yritykset menestystekijät tasapainotettu mittaristo arvonluonti synergy mergers corporate acquisitions enterprises success factors balanced scorecard value creation
topic_facet 20421 Accounting Balanced Scorecard (BSC) Laskentatoimi Measurement Model Merger and Acquisition (M&A) Objectives and Key Results (OKR) arvonluonti balanced scorecard corporate acquisitions enterprises integraatioprojekti menestystekijät mergers mittaristomalli success factors synergia synergy tasapainotettu mittaristo the Acquiree the Acquirer the Integration Project value creation yritykset yritysfuusiot yrityskaupat yritysostaja
url https://jyx.jyu.fi/handle/123456789/67688 http://www.urn.fi/URN:NBN:fi:jyu-202002031952
work_keys_str_mv AT luhtaniemipetrus constructingperformancemeasurementmodelforthemaintegrationprojectobjectivesandk