Amanda Bonney, Claire Jefferson and Greg Burton
Differences in accounting practices and basic financial reporting can have large effects on the merger. Considering the impact such changes will have could save the company millions.
Characteristics and values will contribute to the success or failure of each merger and acquisition. By understanding existing behavior, the M&A should promote change and manage behavior differently across cultural lines.
Communication means more than just agreements and meetings with top-level management. Successful communication must reach all levels of the organization.
Many cultural differences are manageable but require an awareness and attention in addressing the problems that could lead to failed mergers. Use the M&A Polar Grid Template to evaluate where your M&A stands.
Each country will have different laws, logistics, and infrastructure that will impact the effect of the M&A. Understanding these differences will limit negative publicity and opposition to the merger.
The M&A Synergies Framework breaks down the keys to a successful combination of two or more business organizations.
Cultural preferences will dictate the leadership styles that will be most successful in each respective location. One must evaluate the needs of the cultures within the organization in order to lead effectively.