Description
Book SynopsisIf 75 percent of all mergers fail, what makes the other 25 percent succeed?
Mergers, acquisitions, and alliances are more vital today than ever before in driving business success. This indispensible guide offers proven strategies and sound solutions to the multitude of integration issues that inevitably arise, and shows how to create a combined business that meets its strategic and financial objectives, competes better, and offers personal and organizational enhancements. Dubbed merger mavens by Fortune magazine, the authors report lessons learned from their experience in over 100 combinations. Executives, managers, and employees alike?in all industries and sectors?will find useful examples, strategies, and tools here.
Praise for Joining Forces
This book will help both M&A veterans and those new to the game. The authorsprovide great insights into the human, cultural, organizational, and strategic factors that matter in M&A success.?Richard Kovacevich, chairman a
Table of Contents
Preface.
The Authors.
I Creating Value in Mergers, Acquisitions, and Alliances.
1 The Elusive Equation.
2 What Goes Wrong and How to Make It Right.
II The Precombination Phase.
3 Strategic and Operational Preparation.
4 Psychological Preparation.
Precombination Checklist.
III The Combination Phase.
5 Leading the Combination.
6 Putting Companies Together—The Transition Structure.
7 Managing People through the Transition.
8 Easing the Clash of Cultures.
Combination Checklist.
IV The Postcombination Phase.
9 Building the New Organization and Culture.
10 Joining People and Teams Together.
11 Damage Control and Recovery.
Postcombination Checklist.
V Building M&A Competence.
12 Tracking and Learning from the Combination.
13 Joining Forces—Building M&A Competency.
Endnotes.
Index.
