Many of you will already be aware of my focus on culture in M&A and it seems that it’s becoming more mainstream to talk about these matters.. Note the recent commentary in the FT on Holcim and Lafarge which tries to downplay the cultural dimensions…perhaps part of the problem is a blind acceptance in the media around business case as opposed to delivery capability!
The article below is a good summary of where HR can contribute. A question for us all though is why HR has this responsibility as opposed to other functions. Surely cultural integration impacts on all areas.
Until we understand clearly the business impact of poor cultural integration and accept it as a key risk which needs to be managed at the earliest possible stage in the deal, we will still be looking at statistics around transactions that are less than attractive for investors.