Getting People and Culture Right in Mergers and Acquisitions

Getting People and Culture Right in Mergers and Acquisitions

Author: Richard Bellingham

Publisher: Human Resource Development

Published: 2010-05

Total Pages: 255

ISBN-13: 1599962020

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People and culture the two most important ingredients in generating new sources of gain and intellectual property in a merger or acquisition are all too often underleveraged. In this book for HR professionals, Dr. Bellingham focuses on how you can manage these critical components in the change process, elevate your strategic importance and personal positioning in the organization and contribute to the lasting success of the business. In eight chapters, this must-read manual will prepare you to handle the critical areas in which HR should play a major role before they come up. These include organization design and staffing, key talent retention, strategic engagement, leader transition, senior leadership summit, team alignment, culture alignment and change leadership.


Can Two Rights Make a Wrong?

Can Two Rights Make a Wrong?

Author: Sara J. Moulton Reger

Publisher: Prentice Hall Professional

Published: 2006-03-27

Total Pages: 305

ISBN-13: 0132704250

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Nowadays, nearly every business leader recognizes the crucial importance of culture. But, in many organizations, attempts to handle culture issues remain “squishy,” unfocused, and unlikely to bring any value or results. Now, IBM’s leading experts reveal the way to make culture tangible to everyone involved—and how to effectively deal with a variety of culture challenges. Can Two Rights Make a Wrong? leverages the lessons learned during IBM’s $3.5 billion acquisition of PricewaterhouseCoopers Consulting: insight that IBM has crystallized into a powerful methodology for transforming business culture. The authors introduce “Business Practices,” an actionable surrogate for “culture” that business people can identify with, gauge, and act upon. Then, one step at a time, you’ll learn how to apply IBM’s practical culture transformation techniques in your unique environment. You’ll discover common patterns that lead to culture clashes so you can resolve or, better yet, prevent them. You’ll learn to clarify your expectations so people really “get” it—and do it. You’ll gain the way to measure culture change progress in terms everyone can understand and buy into. Whether you’re involved with M&As, joint ventures, major transformation, internal restructuring, or any other initiative where culture is important, this book can help you take culture from a worrisome risk to a competitive advantage. Business Practices: the unseen hand that propels action Uncover what makes your organization unique Right vs. Right: What to do when good options conflict Understand and manage the source of culture clash Outcome Narratives: Get to the right place, the right way Clarify your desired future, clear the obstacles, measure progress, and deliver results


The Value Killers

The Value Killers

Author: Nuno Fernandes

Publisher: Springer

Published: 2019-06-25

Total Pages: 102

ISBN-13: 3030122166

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In a business climate marked by escalating global competition and industry disruption, successful mergers and acquisitions are increasingly vital to the growth and profitability of many corporations. If history is any guide, 60 to 70 per cent of new mergers will fail – and will destroy shareholder value. To date, analyses of the M&A failure rate tend to focus on individual causes – e.g., culture clashes, valuation methods, or CEO overconfidence – rather than examining the problem holistically. The Value Killers is the first book based on a holistic analysis of successful and unsuccessful transactions. Based on research, interviews with top executives, and case studies, this book identifies the key causes of failures and successes and offers prescriptions to increase the odds that future transactions will deliver all the anticipated synergies. The Value Killers offers practical advice in the form of 5 Golden Rules. These rules will help managers and boards to ensure that target companies are properly valued; potential synergies and risks are identified in advance; checks and balances are installed to make sure that the pros and cons of the transaction are rationally and objectively evaluated; mechanisms are created that will trigger termination of bad deals; and obstacles to successful post-merger integrations are assessed (and solutions developed) before the deal closes. Each chapter includes questions for executives considering future M&As to allow them to see whether they are on the right track or not.


Making Mergers Work

Making Mergers Work

Author: Price Pritchett

Publisher: Irwin Professional Publishing

Published: 1987-01

Total Pages: 108

ISBN-13: 9780870949807

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Identifies the costs of mishandled mergers, tells how to avoid the most common management errors, and explains how to overcome resistance to change


Diagnosing and Changing Organizational Culture

Diagnosing and Changing Organizational Culture

Author: Kim S. Cameron

Publisher: John Wiley & Sons

Published: 2011-01-07

Total Pages: 256

ISBN-13: 1118047052

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Diagnosing and Changing Organizational Culture provides a framework, a sense-making tool, a set of systematic steps, and a methodology for helping managers and their organizations carefully analyze and alter their fundamental culture. Authors, Cameron and Quinn focus on the methods and mechanisms that are available to help managers and change agents transform the most fundamental elements of their organizations. The authors also provide instruments to help individuals guide the change process at the most basic level—culture. Diagnosing and Changing Organizational Culture offers a systematic strategy for internal or external change agents to facilitate foundational change that in turn makes it possible to support and supplement other kinds of change initiatives.


Mergers and Acquisitions

Mergers and Acquisitions

Author: Mark E. Mendenhall

Publisher: Stanford University Press

Published: 2005

Total Pages: 472

ISBN-13: 9780804746618

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This book examines the dynamics of the sociocultural processes inherent in mergers and acquisitions, and draws implications for post-merger integration management.


Beyond Performance 2.0

Beyond Performance 2.0

Author: Scott Keller

Publisher: John Wiley & Sons

Published: 2019-07-03

Total Pages: 291

ISBN-13: 1119596688

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Double your odds of leading successful, sustainable change Leaders aren’t short on access to change management advice, but the jury has long been out as to which approach is the best one to follow. With the publication of Beyond Performance 2.0, the verdict is well and truly in. By applying the approach detailed by authors, Scott Keller and Bill Schaninger, the evidence shows that leaders can more than double their odds of success—from thirty percent to almost eighty. Whereas the first edition of Beyond Performance introduced the authors’ “Five Frames of Performance and Health” approach to change management, the fully revised and updated Beyond Performance 2.0 has been transformed into a truly practical “how to” guide for leaders. Every aspect of how to lead change at scale is covered in a step-by-step manner, always accompanied by practical tools and real-life examples. Keller and Schaninger’s work is distinguished in many ways, one of which is the rigor behind the recommendations. The underpinning research is the most comprehensive of its kind—based on over 5 million data points drawn from 2,000 companies globally over a 15-year period. This data is overlaid with the authors’ combined more than 40 years of experience in helping companies successfully achieve large-scale change. As senior partners in McKinsey & Company, consistently named the world’s most prestigious management consulting firm, Keller and Schaninger also draw on the shared experience of their colleagues from offices in over 60 countries with unrivaled access to CEOs and senior teams. Beyond Performance 2.0 also dares to go against the grain—eschewing the notion of copying best practices and instead guiding leaders to make choices specific to their unique context and organization. It does this with meticulously balance of focus on short- and long-term considerations, and on fully addressing the hard technical and oft cultural elements of making change happen. Further, the approach doesn’t just focus on delivering change; it builds an organization’s muscle to continuously change, making it healthier so that it can act with increased speed and agility to stay perpetually ahead of its competition. Leaders looking for a proven approach to leading large-scale change from a trusted source have found what they are looking for in Beyond Performance 2.0.


The Human Side of M & A

The Human Side of M & A

Author: Dennis C. Carey

Publisher: Oxford University Press

Published: 2004-03-11

Total Pages: 216

ISBN-13: 9780195349740

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There are thousands of mergers every year and, by some estimates, two-thirds of them either fail or fall far short of expectations. How can leaders keep their merger from becoming a head-on collision? In The Human Side of M&A, Dennis Carey and Dayton Ogden argue that most failed mergers looked good on paper--they made financial and strategic sense--but the crucial human element was neglected or overlooked. Consequently, corporate cultures often clash and wreck any chance that the companies will work harmoniously together. The authors, who have worked with many companies in the process of merging, draw on their unique experience to demonstrate how to address the human side of a merger, revealing pitfalls to avoid as well as best practices to pursue. They describe how to assess the quality of the people on both sides, aligned with the strategy, to determine whom to retain. They argue that the CEOs need to create a new vision for the combined company (one that differs from the visions of the two individual entities). And they stress that it is vitally important to move quickly once the merger is approved so that the new enterprise can hit the ground running on the first official day of operating as a combined company. The book concludes with a rigorous statistical appendix that analyzes some of the most successful mergers of the past ten years, validating the book's underlying theme and conclusions. While the volume of mergers may wax and wane depending on a host of economic factors, mergers will endure as a logical, efficient, and profitable strategy for many companies in a global economy. This book will help ensure the success of those who choose this path.


Being at Home in the Universe

Being at Home in the Universe

Author: Richard Bellingham

Publisher: iUniverse

Published: 2013-04-02

Total Pages: 105

ISBN-13: 1475980361

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T. S. Elliot wrote: At the still point of the turning world. Neither flesh not fleshless; Neither from not towards; at the still point , there the dance is, Except for the point, the still point. There would be no dance, and there is only the dance. This book talks about the still point in an entirely new way by framing it as our internal home. It also provides a path to coming home based on extensive research and personal experience. If you are interested in the dance of spiritual transformation, this is a must read. Barry Cohen, Ph.D. Dr. Bellingham enlightens the reader by sharing his personal life experiences in an extraordinarily meaningful context. He bridges the divide between eastern and western thought to form one fully human message. He has the rare ability to satisfy and integrate our intellectual curiosity with our search for spiritual fulfillment. Bill OBrien, Ph.D. Having known the author for over 40 years, and witnessing many aspects of his spiritual journey, I highly recommend this book for anyone who continues to strive to find his inner self, or to be HOME. My own quest for SERENITY has been enriched by reading this book, and by witnessing Dr. Bellinghams life-long desire to find inner peace. We can indeed transform our lives from a mindless drill to a mindful dance with enough work, desire and by digesting the thoughts expressed in this wonderful accounting of the authors life and experiences. Ronald Irwin M.D. This is coming-to-wisdom story with hope for us all. This tale is all personal, with regular bits of carefully crafted ways to grasp the most elusive thoughts of the worlds greatest teachers and soul guides. Read it. Smile at the disarming honesty. And be heartened. For hes showing how wisdom can flourish more widely than ever in America. -Artie Egendorf, Ph. D. Author of Healing from the War and originator of Super Integral Synergy (http://sismoves.com) By openly and honestly illuminating his experience and journey over 40 years, Dr. Bellingham shines a bright light on our own unique paths. He knows the territory with all its hills and valleys. With this book we, who are researchers, can be assured we are home already. To me, being fully present with a deep sense of love for all things is the key message. We are not separate. Mary Alice Fox