{"title":"Managing Finances in Scaled Agile Transformations: Insights from A Case Study of a German Automotive Manufacturer","authors":"Thomas Mayer, Jan Recker","doi":"10.1177/87569728241270569","DOIUrl":null,"url":null,"abstract":"We explore how project financing processes should be adapted to accommodate changes to organizational structures, operational processes, and cultural values in scaled agile transformations. We studied the transformation project of a large German automotive manufacturer to identify the issues that emanate from the incompatibility of incumbent project financing and the mitigation strategy that allowed the company to evolve rather than revolutionize the way they manage project finances. Our findings enrich the empirical knowledge on scaled agile transformations and draw attention to the much-overlooked aspect of financing large-scale change initiatives in incumbent firms.","PeriodicalId":47967,"journal":{"name":"Project Management Journal","volume":null,"pages":null},"PeriodicalIF":5.1000,"publicationDate":"2024-08-13","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":"0","resultStr":null,"platform":"Semanticscholar","paperid":null,"PeriodicalName":"Project Management Journal","FirstCategoryId":"91","ListUrlMain":"https://doi.org/10.1177/87569728241270569","RegionNum":2,"RegionCategory":"管理学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":null,"EPubDate":"","PubModel":"","JCR":"Q1","JCRName":"MANAGEMENT","Score":null,"Total":0}
引用次数: 0
Abstract
We explore how project financing processes should be adapted to accommodate changes to organizational structures, operational processes, and cultural values in scaled agile transformations. We studied the transformation project of a large German automotive manufacturer to identify the issues that emanate from the incompatibility of incumbent project financing and the mitigation strategy that allowed the company to evolve rather than revolutionize the way they manage project finances. Our findings enrich the empirical knowledge on scaled agile transformations and draw attention to the much-overlooked aspect of financing large-scale change initiatives in incumbent firms.
期刊介绍:
Project Management Journal (PMJ) is the academic and research journal of the Project Management Institute and features state-of-the-art research, techniques, theories, and applications in project management.
Projects represent a growing population of human activity in large, small, private, and public organizations. Projects are used to execute and sustain today's organizational activities. They play a fundamental role as the engine of tomorrow's innovation, value creation, and strategic change. However, projects often fail to deliver their promise.
PMJ addresses these multiple challenges and opportunities by encouraging the development and application of novel theories, concepts, frameworks, research methods, and designs. PMJ embraces contributions both from within and beyond project management to augment and transform theory and practice.