{"id":7129,"date":"2017-10-03T07:21:31","date_gmt":"2017-10-02T23:21:31","guid":{"rendered":"https:\/\/www.synergy-cmc.com\/?p=7129"},"modified":"2017-10-06T07:40:37","modified_gmt":"2017-10-05T23:40:37","slug":"mergers-acquisitions","status":"publish","type":"post","link":"https:\/\/www.synergy-cmc.com\/mergers-acquisitions\/","title":{"rendered":"Mergers & Acquisitions"},"content":{"rendered":"

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Mergers & Acquisitions – 83% Fail<\/strong><\/span><\/h3>\n

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3 Key PEOPLE Strategies to Consider<\/strong><\/span><\/h4>\n
by\u00a0Connie Ekelund of Synergy\u00a0Complete Management Consulting<\/a><\/span><\/pre>\n
Generally speaking, Mergers & Acquisitions occur because of the desire for globalization, the arrival of new technological developments or a fast-changing economic landscape that makes the outlook uncertain.<\/p>\n
Growth by acquisition is a strategy some organizations use to gain control and dominate a market. Other times the management team feels they have no choice and must acquire a rival before being acquired. The motivation may be that they need to be bigger to survive, or they may view a merger or acquisition as the best way to acquire the knowledge and expertise needed to compete.<\/p>\n
No matter the reason for the Merger or Acquisition, one thing has been proven over time – 83% FAIL<\/u><\/strong><\/span>. This is the unfortunate reality, as painful as it may be.<\/p>\n
It\u2019s impossible to pin the reason for failure on a single factor, but it is clear that IF YOUR PEOPLE ARE NOT ENGAGED, YOU\u2019RE DOOMED<\/span><\/strong>. Any way you break down the failure, it comes back to, your people are your single biggest asset… or liability.<\/strong><\/span><\/p>\n
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\u00a083% of Mergers & Acquisitions Fail<\/strong><\/span><\/h5>\n
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#1 – CULTURE<\/span><\/strong><\/span><\/h4>\n
\u201cCulture Eats Strategy for Breakfast\u201d\u00a0<\/b>~ Peter Drucker<\/i><\/span><\/p>\n
Culture is not just a term to describe your organizations working atmosphere. It\u2019s an authentic way of being. It\u2019s about the values of the individual, the organization now, and the organization of the future and who they want to become. It\u2019s about genuinely caring for your people, your clients, your community, your world, and making a difference wherever possible.<\/p>\n
Avoid Resistance. <\/strong><\/span><\/p>\n
Engagement and Communication and are key to Integration. Invest in getting this piece right. Take the time to get to know each other through professionally lead discovery workshops,\u00a0training, mentoring, coaching and retreats…<\/p>\n
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66% of Employees are NOT Engaged<\/strong><\/span><\/h5>\n
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#2 – LEADERSHIP<\/span><\/strong><\/span><\/h4>\n
\u201cIf the Leaders Don\u2019t Change, the Culture Won\u2019t Change\u201d\u00a0<\/strong>~ Richard Barrett<\/i><\/span><\/p>\n
Gone are the days of top down Leadership. If this statement feels uncomfortable\u2026 good, then possibly you\u2019re open to the changes that need to occur to transform your organization.<\/p>\n
If the Leadership doesn\u2019t change, nothing changes. Don\u2019t worry, this doesn\u2019t mean cleaning house of your existing management team. It means changing the mindset of your Leaders to one of collaboration and transformational cooperation.<\/p>\n
For this to happen you must know your key team leaders natural behaviours and how to play\u00a0to their strengths, so that you consistently get their best performance. Additionally, a job fit analysis is critical to making sure you have the right people in the right seats. (Too many times we see great employees, that make poor leaders. The Peter Principle)<\/p>\n
Leaders aren’t born Leaders. It requires skills and assessments training, leadership development and ongoing coaching and mentoring to become a “Natural Born Leader”. Once you have ensured you have the right team driving your organization, and they have the right training and ongoing support, then the real work can begin\u2026 Creating High Performing Teams<\/strong><\/span>\u2026<\/p>\n
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Businesses Don’t Fail – Leaders Do<\/strong><\/span><\/h5>\n
[\/et_pb_text][et_pb_divider _builder_version=”3.0.77″ show_divider=”on” color=”#31badd” divider_style=”solid” divider_position=”top” \/][et_pb_text admin_label=”Innovation” _builder_version=”3.0.77″ background_layout=”light” border_style=”solid”]<\/p>\n
#3 – INNOVATION<\/span><\/strong><\/span><\/h4>\n
\u201cInnovation Distinguishes between a Leader and a Follower\u201d\u00a0<\/strong>~ Steve Jobs<\/em><\/span><\/p>\n
The world is changing at an exponential rate of speed. If you don\u2019t innovate you\u2019ll be left behind for a certain death. Leveraging your people is the best chance you have for success. You will find that your people have an abundance of ideas on how to make your business better, faster, consistent, and more efficient.
\nThe Bottom Line: Increased Revenue!<\/strong><\/span><\/p>\n
Trust building is a critical first step. A deep level of respect and integrity are required for this to\u00a0happen. As well, there must be a guarantee of no ill-consequences for speaking up\u2026 or no one will<\/em>. This is done through facilitation, led by an outside professional where your people will engage in deep communication and they will be encouraged to say what’s really going on in the business, the industry, and the community. With the discovery of this invaluable information, you can develop new strategies in your processes, create new products\/services that generate new revenue streams, and better manage your organization, to name a few.
\nThis is a free resource you have built into your organization that you can not afford to waste.<\/strong><\/span><\/p>\n
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\u00a040% of Fortune 500 Companies will be Gone within 10 Years,
\nDue to Lack of Innovation<\/strong><\/span><\/h5>\n
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*Final Note on People:<\/strong><\/span><\/h4>\n
[\/et_pb_text][et_pb_image _builder_version=”3.0.77″ src=”https:\/\/www.synergy-cmc.com\/wp-content\/uploads\/2017\/10\/finalnote-4.png” show_in_lightbox=”off” url_new_window=”off” use_overlay=”off” always_center_on_mobile=”on” border_style=”solid” force_fullwidth=”off” show_bottom_space=”on” \/][\/et_pb_column][\/et_pb_row][\/et_pb_section][et_pb_section bb_built=”1″ fullwidth=”off” specialty=”off”][et_pb_row][et_pb_column type=”4_4″][et_pb_text _builder_version=”3.0.77″ background_layout=”light” border_style=”solid”]<\/p>\n
Learn more People Strategies for your business. <\/strong><\/span><\/a>
\n Contact us for a complimentary consultation and assessment.<\/strong><\/span><\/a><\/p>\n
1.866.866.8755
\ninfo@synergy-cmc.com<\/strong><\/span><\/a><\/h5>\n
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Ready to start a conversation about achieving breakthrough results?<\/strong><\/p>\n
[\/et_pb_cta][\/et_pb_column][\/et_pb_row][\/et_pb_section]<\/p>\n","protected":false},"excerpt":{"rendered":"
\n\t\t\t\t\n\t\t\t\t\n\t\t\t\t\n\t\t\t\t\n\t\t\t\t\n\t\t\t<\/div> Mergers & Acquisitions – 83% Fail 3 Key PEOPLE Strategies to Consider by\u00a0Connie Ekelund of Synergy\u00a0Complete Management Consulting Generally speaking, Mergers & Acquisitions occur because of the desire for globalization, the arrival of new technological developments or a fast-changing economic landscape that makes the outlook uncertain. Growth by acquisition is a strategy some organizations […]<\/p>\n","protected":false},"author":1,"featured_media":7227,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_et_pb_use_builder":"on","_et_pb_old_content":"","_et_gb_content_width":"","cos_headline_score":0,"cos_seo_score":0,"cos_headline_text":"","cos_headline_has_been_analyzed":false,"cos_last_analyzed_headline":[],"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0,"footnotes":""},"categories":[154,7,14,189,92,190,9],"tags":[185,174,96,208,209,212,211,210,155,145,152],"yoast_head":"\nMergers & Acquisitions | Synergy CMC - Complete Management Consulting<\/title>\n<meta name=\"description\" content=\"Mergers & Acquisitions. People First. Culture, Leadership & Innovation. 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