We don’t have to tell you that mergers and acquisitions can be highly disruptive and create a lot of confusion. This “confusion” creates significant problems for executives trying to achieve integration success because people crave clarity. In the case of a merger or acquisition, employees and customers alike want to know: “What’s the story?” Leaders [...]
"Tell me and I will forget. Show me and I will remember. Involve me and I will understand." – Confucius This quote should have been written for C-suite executives as it relates to the importance of their corporate story. If you want your story to be a difference-maker when it comes to business performance (employee [...]
There is a reason most companies don’t have a full-time M&A Integration Communication Team on staff. Reason: Organizations only need these resources and this expertise when they need it. But make no mistake about it: When companies need it … they absolutely must have it. With that said, you don’t just snap your fingers and assemble [...]
Experts agree M&A activity will remain high in 2018. In fact, Deloitte’s “The state of the deal: M&A trends 2018” indicates nearly 70 percent of executives at U.S.-headquartered corporations say deal flow will increase in the next 12 months. Is a merger or acquisition on your radar in 2018? If so, you have to read [...]
Lou Gerstner, former CEO of IBM Corp., once said culture isn't just one aspect of the M&A integration game, " … it is the game." So, if culture compatibility, assimilation and integration is so critical to M&A success — why don’t more executives take it seriously and put it at the top of their M&A [...]
There is a reason most companies don’t have a full-time M&A Integration Communication Team on staff. The reason is you only need those resources and expertise … when you need it. But make no mistake about it … when you need it … you absolutely must have it. With that said, you don’t just snap [...]
Nothing is more important during times of change than consistent communication and staying on message. Why? Because, when change occurs, humans seek clarity. However, when your audience hears an inconsistent story … doubt and confusion creep into their minds. Doubt and confusion cripple organizational performance. This is especially true when it comes to mergers and [...]
Anyone that has been part of an M&A transaction understands the critical nature dates and specific events play in the process. There’s the letter of intent, the deal close date, public announcement and of course Day 1 — the day these separate companies begin the journey of becoming a single, high-performing operating entity. All these [...]
