A Comprehensive Guide to Mergers & Acquisitions: Managing the Critical Success Factors Across Every Stage of the M&A Process

13. Integration Approaches

Introduction

The creation of value in the M&A by exploitation of synergy requires the integration of activities, and sometimes facilities, of both companies. This process that involves various ways of contact between managers and employees of the two companies usually creates both culture clash and resistance of the acquired managers to the related process of autonomy removal. This chapter deals with the challenges of these processes.

Integration and Culture Clash

The management literature in recent years emphasizes first and foremost the importance of the fit between the two management cultures involved in the merger to the success of the post-merger integration (PMI) process. If great differences exist between ...