Being awkward: creating conscious culture change
Abstract
Purpose
The purpose of this paper is to examine why culture is the cause of such widespread failure in mergers and acquisitions (M&A) and explore ways to improve their success rate.
Design/methodology/approach
Review of some prominent “failed” mergers for evidence of the influence of cultural factors.
Findings
It was found that M&A tended to be more successful where cultural factors were made a priority early in the process and where transparent and two-sided dialogue about culture took place up and down both organizations.
Originality/value
Although the impact of culture in M&A is a topic that has been covered before, this review identifies some new approaches to improving M&A success rates.
Keywords
Citation
Hirsch, P.B. (2015), "Being awkward: creating conscious culture change", Journal of Business Strategy, Vol. 36 No. 1, pp. 52-55. https://doi.org/10.1108/JBS-11-2014-0131
Publisher
:Emerald Group Publishing Limited
Copyright © 2015, Emerald Group Publishing Limited