Summary of The Human Side of M & A

Leveraging the Most Important Factor in Deal Making

Oxford UP, more...

Buy the book

The Human Side of M & A book summary
The "soft" factors – people and culture – are the hardest to manage in an M&A, and they can make or break your deal.

Rating

7 Overall

8 Applicability

6 Innovation

7 Style

Recommendation

During the 1990s, mergers and acquisitions (M&A) hit a historic high. Yet academic research confirms what anecdotal evidence suggested: most mergers do not work. Authors Dennis C. Carey and Dayton Ogden (writing with Judith A. Roland) contend that most mergers fail because of mismanagement and neglect of the merged company’s "soft side" - the cultural and human dimension. They draw on their experiences as human resource consultants to outline a strategy for assessing people, creating vision, integrating mergers and addressing the soft side’s hard problems. getAbstract finds that the book’s greatest strength is its interviews with executives and other insiders who have direct experience with high-profile mergers, both successes and failures. If you are an executive or human resources manager in a company on either side of a merger - or if you think you’ll find yourself in that position in the future - read this book before you sign that deal.

In this summary, you will learn

  • Why some mergers succeed and some fail
  • How corporate culture may determine whether a merger succeeds
  • Which "human factors" to consider when negotiating a merger
  • Why you should use incentives to retain executive talent
 

Summary

Why Some Mergers Succeed
The world has never seen merger-and-acquisition activity on a scale comparable to the frenetic pace of the 1990s. Yet, according to some estimates, more than two-thirds of announced mergers fail to take place, and even when they happen, they are less profitable...
Get the key points from this book in less than 10 minutes. Learn more about our products or log in

About the Authors

Dayton Ogden is the chairman and Dennis C. Carey the vice chairman of a leading executive search firm. They are co-authors of CEO Succession.


Comment on this summary

More on this topic

By the same authors

Customers who read this summary also read

More by category