The art of joining different cultures Flashcards
What are mergers and acquisitions?
Are transactions in which the ownership
of companies, other business organizations, or their operating units are transferred
or consolidated with other entities
What could provide?
Opportunity to cut costs and increase profits and benefit from another company’s knowledge
Which are the 3 conditions that are present when M&A take place?
Is not business as usual, there are tight timeframes and the people making the decisions are biased in a particular direction
What is essential to have?
Strong governance and clear goals
What is a problem and why it could be an advantage?
The problem is under-estimate the cultural difficulties but this difference can even add value with new ways of working
What is a method for understand if the deal is a success?
Is measuring the business value compared to what would have happened if you hadn’t done the merge.