The nature of organization change at Jordans Furniture is a joint-business arrangement or acquisition by

a large holding company Berkshire Hathaway.It is not a merger but an pure acquisition.Acquisition
occurs when one company takes over another and completely establishes itself as the new owner (in
which case the target company still exists as an independent legal entity controlled by the acquirer-
subsidiary).
One of the forces for change is the internal force organization's strategy. Sometimes in the course of
normal business operation it is necessary for top management to adjust the firm's strategy to achieve
the goals of the company, or even to change the mission statement of the organization in response to
demands of the external environments. Adjusting a company's strategy may involve changing its
fundamental approach to doing business: the markets it will target, its overall strategic orientation, the
level of local and global activity, and its various partnerships and other joint-business arrangements.
The reasons for resistance to change that could have happened at Jordans but did not surfaced are
uncertainty from the future for employees. Employees enjoyed excellent treatment from owners. When
such acquisitions usually occurs in the retail industry, employees will live a nightmare of job elimination.
The Tatelman brothers assured the employees that nothing will change "Nothings going to change.
Another factor for resistance that did not materialized is that Warren Buffet will not interfere in the
daily operations of the business and management and supervisors will run the business as usual.
Eliot and Barry Tatelman will remain as integral parts of virtually every aspect of Jordan's Furniture. "We
are very excited about this venture. Berkshire Hathaway and Jordan's are a perfect fit. Nothing in the
company will change...except for the fact that our growth potential is huge with the financial support of
Berkshire Hathaway," said Barry.
"We are rewarding every single J-Team member with 50 cents for every hour that they have ever
worked for us. Many of our people have been with us for 10 years, 20 years and more. That's adds up to
a significant sum."
Warren Buffett reduced the resistance by explaining his way of doing business with other companies he
acquired in the past ,many of them retail oriented businesses(star furniture, Helzberg Diamonds, Fruit of
the loom).He will not require the management to alter its strategic goals and the executions of its plans.
Warren Buffet will check the bottom line, profits, margins and marketing.
"And then Warren made a speech about how he buys things, he does not change things and he doesnt
sell things and hes not one of these typical people that merge and break things up and change things.
And so we tried to make people comfortable with that. And we said nothing is going to change."

Works Cited

http://www.berkshirehathaway.com/news/oct1199.html