K. Hovnanian Case
1) What type of culture and leadership style is necessary to implement such a strategy?
2) What is HR's role in the identification and integration of potential acquisitions?
3) What are the major factors K. Hovnanian considers to ensure a good fit between target company and K. Hovnanian?
4) What are the key success factors to retain the intangible assets of an acquired organization?
5) How do you balance the need for consistency and flexibility of management practices?
6) How do you enable newly acquired organizations to maintain their identity while being part of a much larger organization?
Sample Solution
The culture and leadership style necessary to implement such a strategy is one that is focused on collaboration, innovation, and risk-taking. The leader should also promote an environment of open communication where ideas can be exchanged between the organization's teams. Additionally, they need to foster a sense of trust within their team so that potential acquisitions are pursued with confidence.
Joint pretend play is a very early context in which children learn how to put aside empirical thinking and accept the given premises through analytical thinking. Analytic thinking is a type of critical thinking, in which a person articulates, conceptualizes or solves problems by making decisions that are sensible given the available premises (Ref).
In joint pretend play, children accept the initiator’s instruction and enter an imaginative world which do not necessarily contain any empirical reality. Nevertheless, they adopt such a given worldview to imagine themselves in that same situation and act vis-a-vis that imaginary situation. This serves a stepstone for children’s school learning because school imparts knowledge in a formal analytical structure, and teachers teach knowledge that is beyond children’s empirical understanding (Harris, 2000). Gradually, children perceive teachers as taking up the didactic role while they themselves as adopting the student role.