Managing Organisational Culture during Mergers and Acquisition

Mergers and Acquisitions (M&As), despite being identified as risky, remain a strategy of choice for chief executives of organisations. Rates of failure have been reported to be as high as between 52 to 70% of M&As, failing to deliver their intended benefits and maintain shareholder value. These high failure rates are increasingly being blamed on organisational culture issues. Organisational culture, however, has been described as a rich but complex and confusing field with very different, albeit often overlapping, typologies (Wilson, 2005). This book argues theoretically from a functionalism view of culture and investigates empirically, methods of diagnosing and managing culture associated with successful M&As. The writer discovered that despite culture receiving a higher degree of visibility in recent times; it is still far from being a well-understood concept with a coherent methodology for diagnosing or managing it during M&As.

Autorentext

Mrs. Funmi Ogbue is a consultant, executive coach, and Founder and Chief Executive Officer of Jake Riley Ltd. Funmi was HRD in British American Tobacco and Head of Change Mgt in Shell Nigeria E&P.Funmi holds an M.Sc. in Organizational Change and Development from the University of Manchester and a B.Sc. in Sociology from the University of Lagos.

Klappentext

Mergers and Acquisitions (M&As), despite being identified as risky, remain a strategy of choice for chief executives of organisations. Rates of failure have been reported to be as high as between 52 to 70% of M&As, failing to deliver their intended benefits and maintain shareholder value. These high failure rates are increasingly being blamed on organisational culture issues. Organisational culture, however, has been described as a rich but complex and confusing field with very different, albeit often overlapping, typologies (Wilson, 2005). This book argues theoretically from a functionalism view of culture and investigates empirically, methods of diagnosing and managing culture associated with successful M&As. The writer discovered that despite culture receiving a higher degree of visibility in recent times; it is still far from being a well-understood concept with a coherent methodology for diagnosing or managing it during M&As.