Chapter 6Integrating:Mergers and Acquisitions
“How today’s combination [merger] is managed shapes the organization’s operating culture, business practices, interpersonal dynamics, and employee spirit for years to come.”
—Joining Forces: Making One Plus One Equal Three in Mergers, Acquisitions and Alliances. Marks, Mitchell Lee, and Mirvis, H. Jossey-Bass, 1998.
Mergers and acquisitions are increasingly more common in today’s rapidly changing environment. Driving forces in business, industry, government, and the nonprofit sectors are creating the need for new organizations. Statistics are plentiful about how few mergers and acquisitions fulfill the initial intention of bringing the organizations together. Many reasons have been ...