Glossary entry (derived from question below)
Sep 22, 2006 22:01
17 yrs ago
4 viewers *
English term
alen botica (X)
buy-in
English
Bus/Financial
Management
merger
We get early understanding and early buy-in from business units and the corporate people who the targets are, why it makes sense, what kind of benefits we’ll get, and what kinds of hiccups they might be having. When an acquisition is consummated, they’re already fully engaged. They have been asked to think about what they’d do with it if they were to get it.
Responses
8 hrs
ErichEko ⟹⭐
Indonesia
Indonesia
Specializes in field
Indonesia
Legal, Marketing, Biz, Software, Games
Native in: Indonesian (Variant: Standard-Indonesia) 
Works in: English to Indonesian, Indonesian to English
Related KudoZ points
:
15
Selected
support (at least morally)
The smallest form of a buy-in is moral support, that is, you wont get resistance/criticism and will be allowed to continue with your initiatives. Biggest buy-in takes the form of financial/logistics and advocacy, i.e., these people will campaign for the project to be launched.
4 KudoZ points awarded for this answer.
Comment: "this is correct thank you mr. ekoputra"
+6
3 mins
David Russi
United States
United States
Native in English
&
English
United States
30+ years, stopped counting...
Native in: English 
, Spanish
Works in: English to Spanish, Spanish to English
Related KudoZ points
:
4
understanding and accepting
One example of a definition:
The process whereby stakeholders, eg end-users as well as executives, come to see the goals of an organizational or change effort as their own; a key component in achieving change successfully.
www.georgetown.edu/uis/ia/dw/GLOSSARY0816.html
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Note added at 43 mins (2006-09-22 22:45:21 GMT)
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They come to share the goals of the corporation as though they were theirs, not just the corporation's.
The process whereby stakeholders, eg end-users as well as executives, come to see the goals of an organizational or change effort as their own; a key component in achieving change successfully.
www.georgetown.edu/uis/ia/dw/GLOSSARY0816.html
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Note added at 43 mins (2006-09-22 22:45:21 GMT)
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They come to share the goals of the corporation as though they were theirs, not just the corporation's.
Note from asker:
| what does the phrase "come to see the goals ... are as their own" mean? |
Peer comment(s):
| agree |
Can Altinbay
: Acceptance and commitment
4 mins
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niczav
: Completely right, I had to quickly hide my incorrect response when I saw your!
9 mins
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Dave Calderhead
: and with Can
34 mins
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Joe L
8 hrs
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Alison Jenner
15 hrs
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Robert Fox
23 hrs
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2 hrs
Ioanna Karamanou
United States
United States
Native in English
&
English
Works in field
United States
Native in: English , Greek
Works in: Greek to English, English to Greek, English, and 5 more.
Related KudoZ points
:
8
participation, investment (not necessarily financial, particularly in this case)
Sort of along the lines of the quote above re "come to see the goals of an organizational or change effort as their own" they commit themselves to the project, by way of providing analysis or some other form of participation. Just as in the financial sense, it's an investment.
Discussion
We get early understanding and early buy-in from business units and the corporate people who the targets are, why it makes sense, what kind of benefits we’ll get, and what kinds of hiccups they might be having. When an acquisition is consummated, they’re already fully engaged. They have been asked to think about what they’d do with it if they were to get it.