Up to 90% of business acquisitions don’t achieve the expected value or benefits. The principal reason for this failure is that integrating groups is notoriously challenging – and even more so now, with many organizations shifting to hybrid working strategies.
Global deal-making activities hit a record $6 trillion last year. And yet, while employees are the most critical asset of most companies, they often get neglected in the excitement of an M&A.
The age-old M&A model typically involved the employees of one company leaving their offices, to join those of their new employer. But with today’s hybrid and flexible working setups, that looks very different. And adds new complexity to the long-term challenge of successful cultural integration.
Organic opportunities for new colleagues to connect are likely to be missed thanks to the move to hybrid working. So what could – and should – be done?
This article was first published on DigiDay’s future-of-work platform, WorkLife, in August 2022 – to read the complete piece, please click HERE.
Oliver Pickup 