I recently attended a networking meeting in downtown Chicago, and a mergers & acquisitions attorney told me that his business was booming. It seems that in 2012, consolidation is king. Given that I write this column, however, I immediately thought about the impact of all of these mergers on organizational cultures.
A merger usually goes through because it looks great on paper. All of the numbers line up, and it makes sense from a business perspective. Unfortunately, many M&A teams fail to take into account how well or poorly two companies with legitimate cultural differences will integrate.
How can you save your culture from an impending merger or acquisition? Check out my advice over at the AMEX OPEN Forum.
interesting ideas and i think the virtual world is what is on the brink, but I doubt the big anvtreisemedt companies and TV networks are goin to bow down and die. They can recreate their content on the digital world like they do now. The funny thing i find about the whole virtual age is that we work so hard to replicate what we already have. The whole grass is greener on the other side mentality when the grass here is green and real.
Posted by: Raul | May 22, 2012 at 07:43 AM