The next part in our series on unconscious bias in M&A / transformation. I suspect this is one of those which will be very familiar to you! Let me know what you think. https://acquisitionsunchallenged.substack.com/p/mere-exposure-frequency-is-the-key?r=7687dd&utm_medium=ios
Our latest chapter, written by my colleague David Boyd in the wonderful world of unconscious bias…I suspect this will ring true with many, where the carefully crafted messaging is suddenly hyjacked by ‘unforeseen’ events / interpretation. Let us know what you think https://substack.com/@singaporescot/note/c-319561166?r=7687dd&utm_medium=ios&utm_source=notes-share-action
The next in our series. The planning fallacy is very dear to my heart…it is the world within which I live and breathe…and despite my 25 years of managing complex transformation / M&A Integration programmes, it continues to provide a challenge! Let me know what you think. https://open.substack.com/pub/acquisitionsunchallenged/p/planning-fallacy-the-plan-was-always?r=7687dd&utm_medium=ios
Our latest chapter on unconscious bias in deals. This strikes at the heart of the human condition…where the individual experience is valued much more highly than the anonymous collective, despite all evidence to the contrary. Let us know what you think. https://open.substack.com/pub/acquisitionsunchallenged/p/the-base-rate-fallacy-everyone-thinks?r=7687dd&utm_medium=ios
I wanted to share our latest podcast, an interview with Ian Wakeford of the London Stock Exchange Group. LSEG is a serial acquirer of businesses that operate in the ‘weeds’ of the financial services sector, providing technology based solutions for existing challenges, innovating around product set across the capital markets and developing a truly global reach and capability for investors. LSEG has always been acquisitive! Despite a few missteps in […]
By popular demand (from the exclusive few that appear to read this blog), this is part 3 of a series based on the experience on a fictional CEO in an emerging market going through an acquisition by a multinational corporate. If you’ve wondered onto this blog by accident, firstly, my sympathies and secondly, it may make some sense to read them in the order that they’ve been written. The link […]
If there’s one consistent message that I’ve heard over the last 15 years of doing post acquisition integration, it’s this: Big deals are more difficult to integrate than small ones Whether it’s the investment bankers / accountants / lawyers / consultants or Heads of Corporate Strategy, this message is probably the one thing that everyone agrees on. Complexity is directly correlated with size…for the following reasons: More people requiring more effort […]
Last week I wrote about the interesting interaction between these three dimensions as three different strategies for implementing change. This week I want to write one particular model of implementation, which I’ve called the ‘Practice makes perfect’ model. As you may remember, the traditional method (in a Western context) looks like this: Let’s now think about some variations on this theme, and in particular what to do when you come across a […]
As the UK election looms, in what looks to be one of the closest elections in many years, I’m drawn to speculating what the new swing vote category is going to be called…we’ve had ‘Worcester Woman’ from Tony Blair and ‘Basildon Man’ from Margaret Thatcher some years ago so what next? ‘Portsmouth Pensioner’? The grey vote appears to be a major battleground ‘Teviot Teenager”? Does the momentum of the Scottish […]
An interview recently conducted with Gary Hamel on the BBC World Service. Please click on the link below Peter Day; World of Business – interview with Gary Hamel This is worth 30 minutes of your time….I promise you. The key points from the interview: A call for a more dynamic approach to organisational structure and the commensurate implications for shareholders. Personal engagement of customers and shareholders in the lives of […]
We’ve just come back from climbing up to the crater rim at Mount Rinjani, on the island of Lombok, Indonesia. At 2671 metres, it’s a serious walk / scrabble and with the different weather challenges of tropical rainforest at the bottom and relatively cold at the top(at least for us thin blooded tropics dwellers), challenging for all of us on different levels. It was a great family experience and one […]
In every part of commercial and creative life, we are faced with a significant contradiction. There is almost universal acceptance that ‘implementation’ or the ‘act of getting things done’ is where things go wrong. Despite this, most of the focus, attention, and resource (financial and other) in any complex transformation project seems to rest with the strategy, design and development. Even the language reflects this truth. In the business of […]
It’s rare to see a connection between the world of performing arts and the world of programme and project management….until you start to look at people’s non work based cvs. At that point, you start to see an incredible richness of experience, talent and focus dedicated towards the arts. So the question for me is, are there some aspects of the performing arts which help develop or naturally lend themselves to the […]
Very interesting study which again shows the direct impact of the physiological on the psychological…worth having a look at. How to increase children’s patience in 5 seconds.
Recently I’ve had a few conversations with colleagues around the ‘projectisation’ of corporations, an ugly but appropriate phrase to explain the next stage in corporate development. This is as a result of a blog which I published last week focusing on the perfect storm convergence of a disengaged and therefore unproductive workforce, an increasing pace of change and a significant uplift in complexity. So, how to deal with this. Well, it […]
It is extraordinary how age creeps up on you. In thinking about and discussing this blog with a colleague recently, I was suddenly aware of how over the course of 20+ years of work, the nature of my relationship with my employer has changed and more specifically how different it is from the new generation joining the workforce. So, like many of my peers, I’m left with a dilemma. Do […]
Do you take enough risk?. Good article on the nature of leading groups through a real learning experience by Michael. All of us have that experience of throwing out the plan and doing something fresh. It’s interesting for me that often this involves someone else in the decision making process…the support of someone who running the session with you in making the decision / taking the risk is often important. Which […]
I’ve just spoken at an excellent conference on project management in KL. There were some truly interesting seminars on project recovery, risk, the danger of optimism in projects, and of course Agile. It is extraordinary what sort of reaction this topic generates amongst proven, seasoned project management professionals and the range was certainly on display at the conference. I saw everything there from fear and loathing, to contemptuous dismissal, to […]
For several years, I’ve been drawing the same picture…the one which illustrates that the percentage of a company’s activities related to business as usual versus that related to what I call ‘special projects’ has been changing over the past ten years, in favour of the latter. By special projects I mean: mergers and acquisitions joint ventures new product launches new territories expansion significant change in strategy and subsequent implementation requirement […]
Inarticulate ramblings of a management consultant 