Are All Mergers What they’re Cut Out to Be?

In today’s society the divorce rate is fifty percent. With that in mind, what’s the difference between meshing personalities in a marriage and personalities in a company merger?

Mergers and acquisitions seem like a great idea when you’re thinking of cutting overhead, reducing staff, adding to the expertise your company can offer, or trying to figure out exactly what to do with your company when you decide to go. However, just because you find a company you think would be great to merge with financially, remember there are still people in the mix that have to make the merger work.

When deciding to make the leap into a merger, make sure that both sides are committed and willing to work out the rough times. Otherwise, you risk a pricey “divorce” and the chance that your internal secrets have gone when your partner does.

You may like these other stories...

We've probably all worked for soul-sucking managers who expect employees to spend their workdays tethered to the office with no other life obligations or desires. But that's not what the "When Work Works"...
A recent study of lateral hiring trends in the accounting industry by the Chicago-based executive search practice the Koltin Consulting Group (KCG) has found that in the first half of 2014 firms continue to lure top talent...
Without getting into all that's been written about the jobless recovery and record high corporate profits without the accompanying hiring, there has indeed been a fundamental shift in how corporate America is working...

Already a member? log in here.

Upcoming CPE Webinars

Oct 9In this jam-packed presentation Excel expert David Ringstrom, CPA will give you a crash-course in creating spreadsheet-based dashboards.
Oct 15This webinar presents the requirements of AU-C 600, Audits of Group Financial Statements (Including the Work of Component Auditors).
Oct 21Kristen Rampe will share how to speak and write more effectively by understanding your own and your audience’s communication style.
Oct 23Amber Setter will show the value of leadership assessments as tools for individual and organizational leadership development initiatives.