I often work with organizations and teams that are going through, or have gone through, internal or external merger or acquisition. Unfortunately, it is a known fact that most mergers or acquisitions fail to fulfill their desired or anticipated potential. I read a statistic, which stated that the archives of the Wall Street Journal show that upwards of 80 percent of mergers and acquisitions fail to fulfill the strategic goals that justified the merger and/or acquisition within the expected timeframe. In many cases, the resulting organizations are less effective and less successful than the original two by themselves. My personal experience and observation have led me to believe that this failure is due to the […]
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