Publisher's Synopsis
According to research from Harvard Business School, over 70% of corporate mergers and acquisitions destroy shareholder value. These failed transactions don't just negatively impact the buyer, they impair customers, weaken suppliers, and damage careers. When deals fail, business leaders frequently point to cultural differences as the culprit. Successful M&A requires companies to overcome the culture clashes that naturally arise when two firms come together.
The HR Practitioner's Guide to Cultural Integration in Mergers & Acquisitions shows you how to avoid the common pitfalls in M&A, overcoming culture clash and driving deal value.
In this step-by-step guide, Dr. Klint Kendrick, who has personally led the HR workstream on scores of deals for companies like Boeing, Oracle, and SC Johnson, provides practical teachings, tools, and techniques to help you understand:- How paying attention to culture creates or destroys deal value
- The five key drivers of culture clash and how to spot them before they derail your deal
- Three deal-specific questions that will make cultural integration more effective
- A powerful method to determine which cultural elements must be attended to first
- More than a dozen leading practices for effective cultural integration, allowing you to surmount the twin challenges of employee attrition and decreased productivity
Packed with concrete examples and actionable advice, this eagerly awaited follow-up to the best-selling HR Practitioner's Guide to Mergers & Acquisitions Due Diligence helps you identify the root causes of culture clash and overcome them for deal success.
