Seven Tips to Ensure Business Marriages Grow Happily Ever After
Reprinted here is Harper’s article “Motivating Change: And The Two Became One”, in which she recommends careful consideration and compatible business goals to ensure a successful merger.
Recently I met with a client who was contemplating a horizontal merger with another organization. My client was approached by one of his competitors with a proposal aimed at broadening market share, maximizing economies of scale and increasing profits for both companies. As he took me into his confidence by discussing the preliminary details of the possible merger, I could see how this deal could turn the two average organizations into one industry leader. But for this—or any merger—to succeed, the leadership team would need to have a clear vision of the outcome and a strong management group to make it happen.
- Companies:
- Clean Team
- People:
- Joyce Harper