Acquisitions are a common growth strategy for many organizations today. But it’s a path strewn with nasty landmines: politics, distraction, talent drain, customer confusion and execution failures. Knowing where these landmines lay is the first step in reducing the M&A risk and ensuring your deal adds performance and value rather than destroying it. Here are five places where a misstep can spell disaster along the M&A path.
In a letter to the CEOs of the world’s largest public companies, BlackRock founder and chief executive Laurence Fink threw down the gauntlet, informing the companies that profits alone will no longer be enough to merit the investment firm’s support: a company must “show how it makes a positive contribution to society.”
Mission, Vision & Values are dead and are likely to generate eye rolling. But Purpose, Way & Impact (PWI) can bring inspiration back to these critical, foundational messages. With our new DIY Workshop Kit anyone can lead their organization to a set of statements their customers and staff can believe in.