Joining Forces
Making One Plus One Equal Three in Mergers, Acquisitions, and Alliances, Revised and Updated
2nd Edition
Published on 16. August 2010
250 pages
978-0-470-65125-4 (ISBN)
Description
If 75 percent of all mergers fail, what makes the other 25percent succeed?
Mergers, acquisitions, and alliances are more vital today thanever before in driving business success. This indispensible guideoffers proven strategies and sound solutions to the multitude ofintegration issues that inevitably arise, and shows how to create acombined business that meets its strategic and financialobjectives, competes better, and offers personal and organizationalenhancements. Dubbed "merger mavens" by Fortune magazine, theauthors report lessons learned from their experience in over 100combinations. Executives, managers, and employees alike--in allindustries and sectors--will find useful examples, strategies,and tools here.
Praise for Joining Forces
"This book will help both M&A veterans and those new to thegame. The authorsprovide great insights into the human, cultural,organizational, and strategic factors that matter in M&Asuccess."--Richard Kovacevich, chairman and CEO emeritus, WellsFargo & Co.
"Don't commit to the merger or acquisition without them! I havepersonally witnessed how hard it is on everyone--employees,shareholders, communities, and especially executives--to workthrough an improperly managed merger. I have known Marks and Mirvisfor almost twenty-five years and the only mistake our organizationmade was that we did not consult them soon enough. Their new bookreflects unequalled experience and intellect. Don't merge, acquire,or be acquired without it!"--Michael R. Losey, CEO (emeritus),Society for Human Resources Management (SHRM)
"Joining Forces is a terrific resource for managers who want tounderstand thehuman dynamics of mergers and acquisitions, and amust-read for those who have to lead their companies through one.It is based on the latest research and providespractical insightsand advice from authors who know M&A inside out." --EdwardE. Lawler III, Distinguished Professor of Business, Marshall SchoolofBusiness, University of Southern California
More details
Other editions
Additional editions
Mitchell Lee Marks | Philip H. Mirvis
Joining Forces
Making One Plus One Equal Three in Mergers, Acquisitions, and Alliances
Book
10/2010
2nd Edition
Jossey-Bass
€51.50
Shipment within 10-20 days
Persons
Mitchell Lee Marks is an internationally recognized expert oncorporate transitions (including mergers, acquisitions, alliances,downsizings, and restructurings), corporate culture, leadershipdevelopment, and executive teambuilding. He is a member of thefaculty of the College of Business at San Francisco StateUniversity and leads JoiningForces.org, a change managementconsulting firm.
Philip H. Mirvis is an organizational psychologist whoseresearch and practice concerns large-scale organizational change,global corporate responsibility, and the changing character of theworkforce and workplace. He has been an advisor to companies onfive continents and has authored ten books and over 100 scholarlyand practitioner articles.
Content
Preface.
The Authors.
I Creating Value in Mergers, Acquisitions, andAlliances.
1 The Elusive Equation.
2 What Goes Wrong and How to Make It Right.
II The Precombination Phase.
3 Strategic and Operational Preparation.
4 Psychological Preparation.
Precombination Checklist.
III The Combination Phase.
5 Leading the Combination.
6 Putting Companies Together--The Transition Structure.
7 Managing People through the Transition.
8 Easing the Clash of Cultures.
Combination Checklist.
IV The Postcombination Phase.
9 Building the New Organization and Culture.
10 Joining People and Teams Together.
11 Damage Control and Recovery.
Postcombination Checklist.
V Building M&A Competence.
12 Tracking and Learning from the Combination.
13 Joining Forces--Building M&A Competency.
Endnotes.
Index.
