Product Description
In mergers and acquisitions (M&A), special emphasis is usually placed on the strategic and financial goals of the deal, while the psychological, cultural, and human resource implications do not receive as much attention. This book examines the dynamics of the sociocultural processes inherent in M&A and “fleshes out” their implications for postmerger integration management. The book’s contributors come from a variety of subdisciplines within the field of managem… More >>
Mergers and Acquisitions: Managing Culture and Human Resources
Tags: Acquisitions, Culture, financial goals, Human, human resource, human resources, integration management, Managing, Mergers, mergers and acquisitions, resource implications, Resources, sociocultural, subdisciplines
#1 by Michael Minns on April 26, 2010 - 3:01 am
This is a scholarly work that is probably the seminal piece on the value and importance of post merger cultural integration
It is particularly useful as it reviews M&A’s in the English and Non- English speaking world.Such as; Samsung(Korea),Seimens,(Germany),GlaxoSmithKline (USA and UK)or academics such as; IngarBjorkman Professorof Management Swedish School of Economics(Finland),Paul Evens Proffeessor Human Resources and Organisational Development INSEAD(France and Singapore).The Co-Editor Stahl is also from INSEAD.
It confirms my own research on M&As which reveals that 80% of them fail to deliver the pre-merger promise and that 90% of the target company’s people leave within 2 years of the event.
It is presented in a unique fashion, each paper is reviewed by a subject matter expert.
However the presentation could be enhanced if there was at the beginning of each paper or review a biography of the author/s
so that their respective experiences could be guaged.
Don’t let this stop you from buying as it really worth while.
Michael Minns Australia 61 2 98991564
Rating: 5 / 5