Making Mergers Work : The Strategic Importance of People
Presenting the results of a Towers Perrin worldwide survey of more than 400 human resource executives, this book reveals the challenges that companies face during the merger and acquisition process. It concludes that the most common reason mergers fail is people-related issues. A case is made that strategic people management is as crucial to a successful merger or acquisition as a sound strategy or fair valuation. Tips are provided on how best to handle clashes of culture, management disagreements about the future of the new company, loss of productivity, loss of key talent, and managing change. An argument is made that human resources executives should be included in decision making throughout the merger process, not just after the fact.
- Paperback | 306 pages
- 176 x 250 x 18mm | 612.35g
- 15 Apr 2004
- Society for Human Resource Management
- Alexadria, VA, United States
- 18 charts, 12 tables, 38 graphs
"An essential guide for HR and the management team at every step in the M&A process." --Libby Sartain, SPHR, CCP; senior vice president, people; Yahoo Inc.
About Jeffrey A Schmidt
Towers, Perrin, Foster & Crosby, Inc., is one of the world's largest management and human resources consulting firms. It focuses on business issues of managing the investment in people, improving performance, human resource strategy and management, change and culture, total rewards, compensation and benefits, HR technology, administration, and communication. The firm has more than 9,000 employees and 78 offices in 74 cities worldwide. Jeffrey A. Schmidt is the managing director for innovation and research at Towers Perrin. He has nearly 25 years of consulting experience and has served as a member of Towers Perrin's Board of Directors.