#WorkTrends Recap: Clashing Cultures During M&As
Mergers and acquisitions happen in business. Combining businesses with different staffs and cultures can be cause for concern. It can go really well or go extremely wrong.
On this week’s #WorkTrends podcast and Twitter chat, Host Meghan M. Biro was joined by Patrick Morin to discuss how to handle clashing cultures during mergers and acquisitions.
Patrick is a Managing Director with Transact Capital Partners, a Virginia-based investment banking firm that specializes in the mergers and acquisitions of privately owned companies. He is also a founding partner of BrightHammer, LLC., a global consultancy that assists in post-merger cultural integrations.
Here are a few key points Patrick shared:
- Examine each culture early on and bring the best parts to the table if you want a chance of a smooth merger
- Buy-in is key during a M&A
- Your culture is your strategy
Missed the show? You can listen to the #WorkTrends podcast on our BlogTalk Radio channel here.
You can also check out the highlights of the conversation from our Storify here:
Didn’t make it to this week’s #WorkTrends show? Don’t worry, you can tune in and participate in the podcast and chat with us every Wednesday from 1-2pm ET (10-11am PT). Next week, on Sept 14, host Meghan M. Biro will be joined by a special guest from Staples and its business arm Staples Business Advantage to discuss creating a culture of wellness.
The TalentCulture #WorkTrends conversation continues every day across several social media channels. Stay up-to-date by following the #WorkTrends Twitter stream; pop into our LinkedIn group to interact with other members; or check out our Google+ community. Engage with us any time on our social networks, or stay current with trending World of Work topics on our website or through our weekly email newsletter.