Reasons for Frequent Failure in Mergers and Acquisitions

Reasons for Frequent Failure in Mergers and Acquisitions PDF Author: Thomas Straub
Publisher: Springer Science & Business Media
ISBN: 3835096370
Category : Business & Economics
Languages : en
Pages : 238

Get Book Here

Book Description
Using four statistical methods, Thomas Straub shows that M&A performance is a multi-dimensional function of: strategic logic, organizational behavior, and financial aspects.

Reasons for Frequent Failure in Mergers and Acquisitions

Reasons for Frequent Failure in Mergers and Acquisitions PDF Author: Thomas Straub
Publisher: Springer Science & Business Media
ISBN: 3835096370
Category : Business & Economics
Languages : en
Pages : 238

Get Book Here

Book Description
Using four statistical methods, Thomas Straub shows that M&A performance is a multi-dimensional function of: strategic logic, organizational behavior, and financial aspects.

The Value Killers

The Value Killers PDF Author: Nuno Fernandes
Publisher: Springer
ISBN: 3030122166
Category : Business & Economics
Languages : en
Pages : 102

Get Book Here

Book Description
In a business climate marked by escalating global competition and industry disruption, successful mergers and acquisitions are increasingly vital to the growth and profitability of many corporations. If history is any guide, 60 to 70 per cent of new mergers will fail – and will destroy shareholder value. To date, analyses of the M&A failure rate tend to focus on individual causes – e.g., culture clashes, valuation methods, or CEO overconfidence – rather than examining the problem holistically. The Value Killers is the first book based on a holistic analysis of successful and unsuccessful transactions. Based on research, interviews with top executives, and case studies, this book identifies the key causes of failures and successes and offers prescriptions to increase the odds that future transactions will deliver all the anticipated synergies. The Value Killers offers practical advice in the form of 5 Golden Rules. These rules will help managers and boards to ensure that target companies are properly valued; potential synergies and risks are identified in advance; checks and balances are installed to make sure that the pros and cons of the transaction are rationally and objectively evaluated; mechanisms are created that will trigger termination of bad deals; and obstacles to successful post-merger integrations are assessed (and solutions developed) before the deal closes. Each chapter includes questions for executives considering future M&As to allow them to see whether they are on the right track or not.

The Merger Mindset

The Merger Mindset PDF Author: Constance Dierickx
Publisher: Routledge
ISBN: 135105953X
Category : Business & Economics
Languages : en
Pages : 190

Get Book Here

Book Description
Breaking Up Is Hard to Do offers a unique perspective for leaders—those executives whose companies, reputations, and futures will thrive or fail because of a deal or a series of deals. This book for leaders helps decision-makers deal with the powerful undercurrents and interpersonal dynamics at play in every deal, and no one is more qualified to write it than Constance Dierickx and Linda Henman. Other books on mergers, acquisitions, and divestitures overwhelmingly have one characteristic in common: they’re technical. Attorneys write books about the legal and contractual aspects of deals; project management experts write from the point of view of managing tasks and schedules; and investment bankers write about valuation and negotiation. Breaking Up Is Hard to Do presents an amalgamation of what Drs. Dierickx and Henman have observed—and in many cases, helped to create—in more than 65 cumulative years of consulting with Fortune 500 companies, privately-held firms, family-owned businesses, and military organizations. Their in-the-trenches experiences spurred them to arrive at this premise: To position their organizations for more success, leaders can’t shy away from the high stakes, tough decisions about their futures. This book maps the key steps in the M & A journey. It takes the reader through how to make the decision to grow acquisitively, identify roadblocks and typical wrong turns, and ultimately shows how to unlock their decision-making potential while navigating an increasingly uncertain world. Through compelling stories and surprising research findings, readers will discover that there’s much more to the decision-making that drives M & A deals than they ever imagined, and they will come away with tools to help them deepen their understanding of what it takes to succeed. A fascinating read, the text weaves lessons that surface from the stories with highly pragmatic advice about suggested mindset, checklists, processes, and diagnostic tools. Readers will understand that while M & A deals aren’t simple, leaders don’t have to overly complicate them either. Instead, they can simplify the process if they remember hope shouldn’t serve as a strategy, and they can’t abdicate or delegate their leadership responsibilities. The lessons from mergers and acquisitions are critical to those considering a deal, but applied elsewhere, they have equal value, even though noticing them takes more effort. This is the essence of leadership: doing the hard work of ensuring that the gulf between strategy and tactics does not lead to either over simplification or needless complexity.

The New Leader's 100-Day Action Plan

The New Leader's 100-Day Action Plan PDF Author: George B. Bradt
Publisher: John Wiley & Sons
ISBN: 0470440279
Category : Business & Economics
Languages : en
Pages : 280

Get Book Here

Book Description
The New Leader's 100-Day Action Plan, and the included downloadable forms, has proven itself to be a valuable resource for new leaders in any organization. This revision includes 40% new material and updates -- including new and updated downloadable forms -- with new chapters on: * A new chapter on POSITIONING yourself for a leadership role * A new chapter on what to do AFTER THE FIRST 100 DAYS * A new chapter on getting PROMOTED FROM WITHIN and what to do then

The M&A Failure Trap

The M&A Failure Trap PDF Author: Baruch Lev
Publisher: John Wiley & Sons
ISBN: 1394204760
Category : Business & Economics
Languages : en
Pages : 247

Get Book Here

Book Description
In The M&A Failure Trap: Why Most Mergers and Acquisitions Fail and How the Few Succeed, a distinguished team of finance and accounting researchers and practitioners delivers a practical and up-to-date exploration of the shortcomings of managerial mergers and acquisitions decisions. In the book, you'll discover: Why 70-75% of all corporate acquisitions fail How to substantially improve acquisition decisions How to predict a specific merger outcome All the lessons and advice provided in this book are fact-based—derived from a sample of 40,000 real-life merger cases around the world which are thoroughly analyzed and provide the foundations for our findings and recommendations. The authors offer keen insights into the most important predictors of mergers and acquisitions failure and success and show you how to identify the potential warning signs of a problematic transaction. The book also provides insights into the human element of M&As: what happens to executives and employees of failed acquisitions. You will also find in the book a comprehensive review of the state-of-the-art research on M&As and numerous analyses of successful and unsuccessful real-life mergers. Perfect for executives and directors contemplating a major M&A decision or currently engaged in such a transaction, The M&A Failure Trap will also earn a place in the libraries of students of business and economics, as well as investors faced with decisions impacted by a merger or acquisition, and shareholders expected to vote on an upcoming transaction.

Applied Mergers and Acquisitions

Applied Mergers and Acquisitions PDF Author: Robert F. Bruner
Publisher: John Wiley & Sons
ISBN: 1118436393
Category : Business & Economics
Languages : en
Pages : 1056

Get Book Here

Book Description
A comprehensive guide to the world of mergers and acquisitions Why do so many M&A transactions fail? And what drives the success of those deals that are consummated? Robert Bruner explains that M&A can be understood as a response by managers to forces of turbulence in their environment. Despite the material failure rates of mergers and acquisitions, those pulling the trigger on key strategic decisions can make them work if they spend great care and rigor in the development of their M&A deals. By addressing the key factors of M&A success and failure, Applied Mergers and Acquisitions can help readers do this. Written by one of the foremost thinkers and educators in the field, this invaluable resource teaches readers the art and science of M&A valuation, deal negotiation, and bargaining, and provides a framework for considering tradeoffs in an effort to optimize the value of any M&A deal.

Reasons for Failure in Mergers and Acquisitions

Reasons for Failure in Mergers and Acquisitions PDF Author: Napo Mafihlo
Publisher:
ISBN:
Category : Consolidation and merger of corporations
Languages : en
Pages : 164

Get Book Here

Book Description


Mergers and Acquisitions

Mergers and Acquisitions PDF Author: Sue Cartwright
Publisher: Butterworth-Heinemann
ISBN: 1483102793
Category : Business & Economics
Languages : en
Pages : 233

Get Book Here

Book Description
Mergers and Acquisitions: The Human Factor focuses on the influence of human factor in the realization of mergers and acquisitions. The book first tackles the importance for managers to understand mergers and acquisitions, merger phenomenon, and the impact of mergers and acquisitions on organizational performance. Discussions focus on traditional approaches to merger and merger failure, assessing merger gains, growth in merger and acquisition activity, and merger motives. The text then elaborates on the effect of merger process to employees and organizational culture and its assessment. Topics include organizational culture and the individual, how to assess organizational culture, types and origins of organizational culture, transactional differences between mergers and acquisitions, and absolute truths about mergers and acquisitions. The manuscript examines the implications of cultural type for inter-organizational combinations, including cultural compatibility, cultural dynamics of organizational combinations, and the application of the cultural dynamics model to collaborative and organizational marriages. The text is a dependable source of data for researchers interested in the factors involved in mergers and acquisitions.

Mastering the Merger

Mastering the Merger PDF Author: David Harding
Publisher: Harvard Business Press
ISBN: 9781422163405
Category : Business & Economics
Languages : en
Pages : 248

Get Book Here

Book Description
Today's corporate deal makers face a conundrum: Though 70% of major acquisitions fail, it's nearly impossible to build a world-class company without doing deals. In Mastering the Merger, David Harding and Sam Rovit argue that a laserlike focus on just four key imperatives--before executives finalize the deal--can dramatically improve the odds of M&A success. Based on more than 30 years of in-the-trenches work on thousands of deals across a range of industries--and supplemented by extensive Bain & Co. research--Harding and Rovit reveal that the best M&A performers channel their efforts into (1) targeting deals that advance the core business; (2) determining which deals to close and when to walk away; (3) identifying where to integrate--and where not to; and (4) developing contingency plans for when deals inevitably stray. Top deal makers also favor a succession of smaller deals over complex "megamergers"--and essentially institutionalize a success formula over time. Helping executives zero in on what matters most in the complex world of M&A, Mastering the Merger offers a blueprint for the decisions and strategies that will beat the odds.

An Analysis of Selected Factors Critical for Merger & Acquisition Successes

An Analysis of Selected Factors Critical for Merger & Acquisition Successes PDF Author: Lisa Marie Giesler
Publisher:
ISBN:
Category :
Languages : en
Pages : 0

Get Book Here

Book Description
In this thesis the methods and motivations for company growth are highlighted and explained. The focus is on the inorganic growth created through mergers and acquisitions (M&A). This growth is being analysed to showcase the risks and challenges arising in M&A transactions. These deals provide good opportunities for companies wishing to make impactful steps in their organization's expansion and strategic development within a short period of time. However, these enticing opportunities also carry potential risks that could lead to the failure of the transaction. Based on past M&A statistics common reasons for failures are identified and their risk and importance are clarified. For further explanations of the risks of M&As examples are given for failed and successful transactions. Also, the important role of consulting companies is highlighted. Having analysed these critical factors, conceptual solutions are being presented to provide companies with supportive frameworks for the success of M&A deals during pre- and post-merger period. A self-created MS Excel based risk map is provided as a tool for risk detection and visualization.