CONSULTING IN MERGERS AND ACQUISITIONS - INTERVENTIONS SPAWNED BY RECENT TRENDS

Authors
Citation
Ml. Marks, CONSULTING IN MERGERS AND ACQUISITIONS - INTERVENTIONS SPAWNED BY RECENT TRENDS, Journal of organisational change management, 10(3), 1997, pp. 267
Citations number
14
Categorie Soggetti
Management
ISSN journal
09534814
Volume
10
Issue
3
Year of publication
1997
Database
ISI
SICI code
0953-4814(1997)10:3<267:CIMAA->2.0.ZU;2-3
Abstract
Mergers and acquisitions occur frequently in organizations, but rarely achieve their desired financial and strategic objectives. Personal ex perience gained in more than 50 corporate combinations shows that many factors account for the dismal track record of mergers and acquisitio ns, including underestimating the multitude of integration issues and problems that arise as organizations come together and the pervasivene ss and depth of human and cultural issues triggered in a combination. These dynamics have been found in combinations involving organizations of all sizes, in all industry sectors and across international bounda ries. Reviews the human, organizational and cultural dynamics affectin g mergers and acquisitions, and reports recent trends influencing inte rventions to enhance merger and acquisition success. Describes consult ing approaches and methods required to minimize employee stress, manag ement crisis and culture clash and to enhance the desired financial an d strategic results of mergers and acquisitions.