· Profile and assess corporate cultures
· Identify potential or actual culture clash barriers to a merger or acquisition
· Determine what to do to avoid, minimize, and resolve culture clash
· Plan for efficient and effective post-merger cultural integration of the two organizations
After a relatively short hiatus following the infamous events of September 11, 2001, and their impact on the U.S. economy, the pace of mergers and acquisitions (M&A) around the globe is again on the rise-in spite of an abysmal financial track record to date for these deals. According to recent government statistics, a major increase in merger activity is already underway, based on what is anticipated to be a 300 percent increase in applications for antitrust clearance (required for mergers valued at more than $50 million). The $318 million in antitrust application fees so far in 2003 is the largest amount ever raised from the pre-merger notification program and represents some 2,800 mergers of over $50 million in value anticipated in 2004-more than twice the number of mergers reported to antitrust agencies in 2002.
D ... read full excerpt from Achieving Post-Merger Success: A Stakeholder's Guide to Cultural Due Diligence, Assessment, and Integration ebook
