M&A Blog and News
The work team is a focal point for realizing synergies in a merger or acquisition. Even though success elsewhere in a company influences employees’ sentiments about the combination, evidence from their own work teams matters most. People see their coworkers either embracing new work methods or resisting them. And, they regard their team leaders as either enabling or inhibiting their personal paths in the combined organization.
So, where do you go for serious business communications tools and the best in document management today? The M&A Leadership Council announces this week that Citrix has joined as our newest partner organization. Many of you know Citrix for their extremely intuitive and effective communications solutions, GoToMeeting and GoToWebinar.
Virtual Data Rooms (VDRs) have become an essential element of the due diligence process during a merger or acquisition. Our new partner, Citrix, is the provider of Sharefile VDR, a web-based solution which allows parties around the world to access documents easily and securely with complete audit trails. View or download this whitepaper from Citrix and take a look at this video for an introduction to the uses of Sharefile in M&A.
Forward by Jack Prouty, President of the M&A Leadership Council
By Jack Prouty
President, M&A Leadership Council
I am a simple guy and I just don’t get it. I would appreciate someone explaining this to me: “Why is it a company spends $50 million, $100 million or more to install an ERP system, which will make them industry-average? Yet, when it comes to an acquisition which may re-position them in the industry and create competitive differentiation or even swallow their competition, they don’t properly invest in the integration effort itself (appropriate resources, competencies and expertise)?”
Mergers and acquisitions are peculiar events. Unfortunately, unlike other major organizational transitions, for many companies most planning for M&A occurs after the initial announcement. For example, when announcing an internal reorganization or new product launch, leadership is equipped with all the details and has a lot to communicate to employees—who will be affected, when changes will occur, and how they will be implemented. In some instances of M&A, by contrast, the due diligence, transition planning,
While holding a variety of M&A workshops over the past three years, we’ve welcomed a host of delightful, fascinating and intriguing people from around the world. So who attends our events? And why?
I’ve met more than 500 executives with varying M&A positions, and they’ve come in all shapes, sizes and responsibilities, craving to know more about creating value when acquiring other companies: