When it comes to integrations, your mindset produces results.
This is a simple, observable fact. Yet leaders of the 70-90% of acquisitions that fail kneel at the altar of “budget management”, have a scarcity mindset, and fall prey to worthless data.
Senior leaders start to spin their wheels. They agonize over tiny, incremental decisions that have no impact on the broader picture. The energy and motivation on Day 1 of the acquisition simmers down. Employees from all parts of the business start feeling the effects of a poorly integrated M&A. And overall morale of the team gets reduced to nothing.
The way to overcome this is with an “integration mindset.”
In today’s episode, I reveal the 3 key attributes to an effective “integration mindset.” I also reveal why budgets aren’t the be-all and end-all that you’re used to.
Show Highlights Include:
- The flat-out strange way Tony Robbins has more of an impact on a thriving integration than personally hiring Roland Frasier (1:06)
- How to de-risk your integration by burning your quarterly budgets in a trash can (and replacing them with this…) (4:28)
- Why kneeling at the altar of “budget management” sacrifices tremendous growth opportunities (5:46)
- How to scale food & agribusiness firms to the moon with these 3 key integration mindset attributes (10:15)