Executive Briefings | January 22, 2019
Don’t Overlook Culture For Success In Merging Organizations
"Culture will eat strategy for breakfast." Peter Drucker
There are so many mergers, acquisitions, and affiliations (MA&A). But what proportion of them are successful? The answer is, not many. MA&A have a high mortality rate somewhere between 50% and 80% (see Why Do So Many Mergers Fail?). Some estimates put the fail percentage as high as 90% (see Make M&A Work For Your . . .