Winning Mergers!

An announcement of a sale of a company and the firstmeeting with the new management is a scenario thathundreds of thousands of workers have encountered.Layoffs, pay reductions, new assignments, andadditional responsibilities are all possibilities inthe name of the strategic and financial objectivesof the merger. Traditional approaches to evaluatingmergers typically focus on internal and externalfinancial measures, the degree of integration andstrategic fit, the appropriateness of purchaseprices, and, most commonly, the ability of mergedorganizations to manage the "human element."However, as this book discusses, important factorsregarding the degree of financial performance oforganizations that engage in mergers includemanaging the relationship between merger survivors'perceptions of trust and hope in the organizationand their organizational commitment.

Autorentext

David Ozag obtained an Ed.D in human and organizational development from the George Washington University. Dr. Ozag is a Certified Public Accountant. Dr. Ozag is an assistant professor in the School of Management at Bucknell University. Dr. Ozag has written on a wide variety of business topics.

Klappentext
An announcement of a sale of a company and the first meeting with the new management is a scenario that hundreds of thousands of workers have encountered. Layoffs, pay reductions, new assignments, and additional responsibilities are all possibilities in the name of the strategic and financial objectives of the merger. Traditional approaches to evaluating mergers typically focus on internal and external financial measures, the degree of integration and strategic fit, the appropriateness of purchase prices, and, most commonly, the ability of merged organizations to manage the "human element." However, as this book discusses, important factors regarding the degree of financial performance of organizations that engage in mergers include managing the relationship between merger survivors' perceptions of trust and hope in the organization and their organizational commitment.