首页
登录
职称英语
However attractive the figures may look on paper, in the long run the succes
However attractive the figures may look on paper, in the long run the succes
游客
2025-01-14
9
管理
问题
However attractive the figures may look on paper, in the long run the success or failure of a merger depends on the human factor. When the agreement has been signed and the accountants have departed, the real problems may only just be beginning. If there is a culture clash between the two companies in the way their people work, then all the efforts of the financiers and lawyers to strike a deal may have been in vain.
According to Chris Bolton of KS Management Consultants, 70% of mergers fail to live up to their promise of shareholder value, not through any failure in economic terms but because the integration of people is unsuccessful. Corporates, he explains, concentrate their efforts before a merger on legal, technical and financial matters. They employ a range of experts to obtain the most favourable contract possible. But even at these early stages, people issues must be taken into consideration. The strengths and weaknesses of both organisations should be assessed and, if it is a merger of equals, then careful thought should be given to which personnel, from which side, should take on the key roles.
This was the issue in 2001 when the proposed merger between two pharmaceutical companies promised to create one of the largest players in the industry. For both companies the merger was intended to reverse falling market share and shareholder value. However, although the companies’ skill bases were compatible, the chief executives of the two companies could not agree which of them was to head up the new organisation. This illustrates the need to compromise if a merger is to take place.
But even in mergers that do go ahead, there can be culture clashes. One way to avoid this is to work with focus groups to see how employees view the existing culture of their organisation. In one example, where two global organisations in the food sector were planning to merge, focus groups discovered that the companies displayed very different profiles. One was sales-focused, knew exactly what it wanted to achieve and pushed initiatives through. The other got involved in lengthy discussions, trying out options methodically and making contingency plans. The first responded quickly to changes in the marketplace; the second took longer, but the option it eventually chose was usually the correct one. Neither company’s approach would have worked for the other. The answer is not to adopt one company’s approach, or even to try to incorporate every aspect of both organisations, but to create a totally new culture. This means taking the best from both sides and making a new organisation that everyone can accept. Or almost everyone. Inevitably there will be those who cannot adapt to a different culture. Research into the impact of mergers has found that companies with differing management styles are the ones that need to work hardest at creating a new culture. [br] The proposed merger of two pharmaceutical groups failed because______.
选项
A、major shareholders were opposed
B、there was a fall in the demand for their products
C、there were problems combining their areas of expertise
D、an issue of personal rivalry could not be resolved
答案
D
解析
转载请注明原文地址:https://tihaiku.com/zcyy/3912256.html
相关试题推荐
Howeverattractivethefiguresmaylookonpaper,inthelongrunthesuccess
Howeverattractivethefiguresmaylookonpaper,inthelongrunthesuccess
Howeverattractivethefiguresmaylookonpaper,inthelongrunthesuccess
Howeverattractivethefiguresmaylookonpaper,inthelongrunthesuccess
Thetimingofmarketentryiscriticaltothesuccessofanewproduct.Acom
Thetimingofmarketentryiscriticaltothesuccessofanewproduct.Acom
Americannolongerexpectpublicfigures,whetherinspeechorinwriting,to
Americannolongerexpectpublicfigures,whetherinspeechorinwriting,to
Initseverydaylife,Italyisverymuchtheman’sworld.However,becauseof
Initseverydaylife,Italyisverymuchtheman’sworld.However,becauseof
随机试题
Attheparty,everybodycongratulatedthescientist______winningtheawardafte
Inanoldtownlivedamerchant.Heearnedhugeprofitsbyfairmeansandfo
Manyoftoday’scollegestudentsaresufferingfromaformofshock.Lisais
对于一个B类网络,可以分配(4)个主机地址。A.1022 B.4094
混凝土构件的测试一般选用标距为100mm左右的应变片,且标距不宜小于2~3倍的最
用水浸法测定沥青与矿料的黏附性试验中,按每100g矿料加入沥青5.5g±0.2g
强心苷治疗心房纤颤的主要机制是()。A.降低窦房结自律性 B.缩短心房有效不
(2022年真题)某社会工作服务机构在开展老旧社区治理项目时,发现一些高龄老人家
传统的人事管理被新型的人力资源管理所替代的具体表现是( )。A.人事管理的范畴
项目目标控制的主要措施有()。A.组织措施 B.管理措施 C.经济措施 D
最新回复
(
0
)