Four Ways HR Can Support M&A Success
Merging companies requires thousands of worker-hours to integrate systems, processes and workforces, but scant time is spent understanding how well varying cultures will work together. From a strategic perspective, an acquisition or merger is typically a path to faster growth or market dominance. But the ability to achieve those goals is far from assured, as many deal makers have found over the years. In fact, the failure rate of mergers and acquisitions in many studies conducted over the past several decades show that the rate of failure is at least 50 percent, with one study finding that nearly 83 percent of organizations do