An M&A integration may fail if you ignore the culture of the company you acquire.
A business may have a similar offer in the same market as you, which makes them an excellent candidate to integrate into your organization.
But they might’ve got successful in a different way than you.
And not figuring out these differences may draw out the integration process, increasing the risk of failure.
On the bright side, including culture in your integration plan helps you improve your own company’s culture by getting insight on how another successful company manages its daily processes.
In today’s episode, you’ll discover how to bring two different company cultures together with the least possible friction.
Show highlights include:
- How acquiring a competitor may make your current personnel miss the deadlines for their projects (1:16)
- Can you define your company’s culture? Here’s how to turn it from a vague idea into a clear objective (4:22)
- The quickest, yet imprecise way to figure out which parts of an acquired company’s culture you can adopt (7:04)
- The “Public and Visible” method to unify people from 2 different companies under one new company culture (16:35)
For more about Joe Mosher, go here: https://moshercg.com/