Successful mergers are usually about people and culture

"According to a KPMG research study, 83 percent of all mergers fail." (1999)
. . . . 
"[A]ccording to the KPMG report, which tracked close to 700 deals [and interviewed over 100 executives] over a two year period, revealed that the overwhelming cause for failure 'is the people and the cultural differences.'"
. . . .
"While there are numerous checklists, the first should be a thorough analysis of organization culture and degree of 'fit' with the parent company. This should be the yardstick or prism that all M & A strategy should be filtered through. There must be a balance and symmetry between the financials and the organizational and people culture."

#Merger   #Executives   #BusinessIntelligence   #HumanResources  

Posted by +Dan Durrant 

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