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Mergers and Acquisitions: Managing Culture and Human Resources (Stanford Business Books)
 
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Mergers and Acquisitions: Managing Culture and Human Resources (Stanford Business Books) [Hardcover]

Gunter Stahl (Editor), Mark Mendenhall (Editor)
5.0 out of 5 stars  See all reviews (1 customer review)

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Book Description

0804746613 978-0804746618 April 12, 2005 1
In mergers and acquisitions (M&A), special emphasis is usually placed on the strategic and financial goals of the deal, while the psychological, cultural, and human resource implications do not receive as much attention. This book examines the dynamics of the sociocultural processes inherent in M&A and “fleshes out” their implications for postmerger integration management.

The book’s contributors come from a variety of subdisciplines within the field of management, and thus provide new insights into the managerial, social, and cultural processes inherent in M&A. Executives with extensive experience managing M&A have offered commentaries at the end of the chapters, providing “real-world” perspective to empirical and theoretical insights.


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Mergers and Acquisitions: Managing Culture and Human Resources (Stanford Business Books) + The Human Side of Mergers and Acquisitions + The Complete Guide to Mergers and Acquisitions: Process Tools to Support M&A Integration at Every Level (JOSSEY-BASS BUSINESS & MANAGEMENT SERIES)
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Editorial Reviews

Review

“[T]he book makes an informed contribution to our seemingly never-ending quest to find the holy grail of M&A...”—Administrative Science Quarterly


“Most mergers and acquisitions fail to deliver on their promise, and the reason—more often than not—comes down to problems of a lack of integration and cultural fit. This book provides a wealth of insights into the human side of the integration process: where it goes wrong, and what firms can do to manage it better.” —Julian Birkinshaw, London Business School


“As someone who has studied M&A for over 20 years and who has advised on over 100 corporate combinations, I am impressed with the comprehensiveness of this collection. It reflects contemporary thinking and action on the factors that matter most in eventual merger and acquisition success—the human and cultural dynamics. And, it also poses ideas for the next wave of research and interventions in making mergers and acquisitions work. Researchers, executives, and consultants all will find value in this volume of well written and intelligently structured contributions. It is particularly helpful for those engaged in or studying international combinations.” —Mitchell Lee Marks, Ph.D., President, JoiningForces.org, Author, Joining Forces: Making One Plus One Equal Three in Mergers, Acquisitions and Alliances

From the Inside Flap

In mergers and acquisitions (M&A), special emphasis is usually placed on the strategic and financial goals of the deal, while the psychological, cultural, and human resource implications do not receive as much attention. This book examines the dynamics of the sociocultural processes inherent in M&A and “fleshes out” their implications for postmerger integration management.
The book’s contributors come from a variety of subdisciplines within the field of management, and thus provide new insights into the managerial, social, and cultural processes inherent in M&A. Executives with extensive experience managing M&A have offered commentaries at the end of the chapters, providing “real-world” perspective to empirical and theoretical insights.


Product Details

  • Hardcover: 456 pages
  • Publisher: Stanford University Press; 1 edition (April 12, 2005)
  • Language: English
  • ISBN-10: 0804746613
  • ISBN-13: 978-0804746618
  • Product Dimensions: 9.3 x 6.4 x 1.2 inches
  • Shipping Weight: 1.6 pounds (View shipping rates and policies)
  • Average Customer Review: 5.0 out of 5 stars  See all reviews (1 customer review)
  • Amazon Best Sellers Rank: #1,466,399 in Books (See Top 100 in Books)

 

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1 of 1 people found the following review helpful:
5.0 out of 5 stars Mergers and Acquisitions; managing cultural and human resources, June 18, 2008
This review is from: Mergers and Acquisitions: Managing Culture and Human Resources (Stanford Business Books) (Hardcover)
This is a scholarly work that is probably the seminal piece on the value and importance of post merger cultural integration
It is particularly useful as it reviews M&A's in the English and Non- English speaking world.Such as; Samsung(Korea),Seimens,(Germany),GlaxoSmithKline (USA and UK)or academics such as; IngarBjorkman Professorof Management Swedish School of Economics(Finland),Paul Evens Proffeessor Human Resources and Organisational Development INSEAD(France and Singapore).The Co-Editor Stahl is also from INSEAD.
It confirms my own research on M&As which reveals that 80% of them fail to deliver the pre-merger promise and that 90% of the target company's people leave within 2 years of the event.
It is presented in a unique fashion, each paper is reviewed by a subject matter expert.
However the presentation could be enhanced if there was at the beginning of each paper or review a biography of the author/s
so that their respective experiences could be guaged.

Don't let this stop you from buying as it really worth while.

Michael Minns Australia 61 2 98991564

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