Corporate Culture in M&As
A failure to manage corporate culture differences is a major source of failure and cost in mergers and acquisitions. Kevan Hall argues it should be a more significant consideration in M&A planning.
Source: Corporate Culture in Mergers and Acquisitions, by Kevan Hall. HR Director, November 2008, p.52
“People usually have a lot of loyalty to their previous corporate cultures and it is common for the new partners even to have been competitors in the past”