Reorganizing DNA: How To Unify Diverse Corporate Cultures Post-Acquisition
Source: American Management Association
Most senior leaders tend to only analyze the financial aspects of an M&A deal. They often fail to recognize how important culture is to the success of managing a business. In fact, a recent Mercer and Kroll study, "M&A Beyond Borders," revealed that 50% of executives believe that organizational cultural differences are the cause of failure in an M&A. This attribution to failure is somewhat understandable; it can be challenging to successfully bring together and integrate separate and distinct corporate cultures to ensure a united organization and workforce.