Comments on: Make mergers work with cultural integration http://www.peakhistory.com/2009/09/14/make-mergers-work-with-cultural-integration/ A blog about leaders who achieved the pinnacle of success Tue, 13 Dec 2011 03:26:00 +0000 hourly 1 http://wordpress.org/?v=3.3.1 By: Marguerite Granat http://www.peakhistory.com/2009/09/14/make-mergers-work-with-cultural-integration/comment-page-1/#comment-193 Marguerite Granat Wed, 18 Nov 2009 05:13:33 +0000 http://www.peakhistory.com/2009/09/14/mergers/#comment-193 Culture seems to be of great interest for you. Have you read about or know about organizations that have been successfull in creating a new culture that integrates the best of each of the merged companies? Culture seems to be of great interest for you. Have you read about or know about organizations that have been successfull in creating a new culture that integrates the best of each of the merged companies?

]]> By: Meghan M. Biro http://www.peakhistory.com/2009/09/14/make-mergers-work-with-cultural-integration/comment-page-1/#comment-192 Meghan M. Biro Wed, 18 Nov 2009 00:45:41 +0000 http://www.peakhistory.com/2009/09/14/mergers/#comment-192 As always, an entirely interesting topic. Unfortunately, my experience tells me culture is often relegated to afterthought status when mergers occur. There is a tendency to want to cut corners and sidestep a complex + sometimes challenging topic. There are those laid off and those left to transition into a new culture without much discussion of the particular details + dynamics. Engaging a team of experts to assist with the various merger angles can really help ease the transition and open the communication lines. The human side of mergers is not always discussed openly (especially in the smaller corporate markets) unless it is given ample press coverage and often the thoughts are one-sided. Great thoughts here! Let's keep exploring culture topics. As always, an entirely interesting topic. Unfortunately, my experience tells me culture is often relegated to afterthought status when mergers occur. There is a tendency to want to cut corners and sidestep a complex + sometimes challenging topic. There are those laid off and those left to transition into a new culture without much discussion of the particular details + dynamics.

Engaging a team of experts to assist with the various merger angles can really help ease the transition and open the communication lines. The human side of mergers is not always discussed openly (especially in the smaller corporate markets) unless it is given ample press coverage and often the thoughts are one-sided. Great thoughts here! Let’s keep exploring culture topics.

]]> By: uberVU - social comments http://www.peakhistory.com/2009/09/14/make-mergers-work-with-cultural-integration/comment-page-1/#comment-191 uberVU - social comments Wed, 18 Nov 2009 00:30:52 +0000 http://www.peakhistory.com/2009/09/14/mergers/#comment-191 <strong>Social comments and analytics for this post...</strong> This post was mentioned on Twitter by MGRecruiter: RT @tweetmeme Make mergers work with cultural integration | Peak History http://bit.ly/1XomhT... Social comments and analytics for this post…

This post was mentioned on Twitter by MGRecruiter: RT @tweetmeme Make mergers work with cultural integration | Peak History http://bit.ly/1XomhT...

]]> By: Marguerite Granat http://www.peakhistory.com/2009/09/14/make-mergers-work-with-cultural-integration/comment-page-1/#comment-60 Marguerite Granat Thu, 17 Sep 2009 02:11:23 +0000 http://www.peakhistory.com/2009/09/14/mergers/#comment-60 Thanks for your authentic sharing, Rachelle. Would love to hear from some of the readers who have had successful experiences with cultural synergy as a top priority. Great insight! Thanks for your authentic sharing, Rachelle. Would love to hear from some of the readers who have had successful experiences with cultural synergy as a top priority. Great insight!

]]> By: Rachelle Dillon http://www.peakhistory.com/2009/09/14/make-mergers-work-with-cultural-integration/comment-page-1/#comment-59 Rachelle Dillon Wed, 16 Sep 2009 17:38:21 +0000 http://www.peakhistory.com/2009/09/14/mergers/#comment-59 What a loaded subject! In my experience with 3 Fortune500 companies, none of the acquistions were successful. As you subtly point out, if a merger doesn't have synergy with the people, that will sabotage the merger operationally, and eventually financially. In every case, the employees at acquired companies felt like step children, which usually was justified. The acquirer can deploy different strategies such as making "one happy family" statements, but on the ground there is actually a shotgun wedding in progress. I'm sure there have been successful acquisitions, and suspect the successful ones have human impact and cultural synergy as a top priority. What a loaded subject! In my experience with 3 Fortune500 companies, none of the acquistions were successful. As you subtly point out, if a merger doesn’t have synergy with the people, that will sabotage the merger operationally, and eventually financially. In every case, the employees at acquired companies felt like step children, which usually was justified. The acquirer can deploy different strategies such as making “one happy family” statements, but on the ground there is actually a shotgun wedding in progress. I’m sure there have been successful acquisitions, and suspect the successful ones have human impact and cultural synergy as a top priority.

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