Strategic planning, acquisitions, revenue targets – the year stretches ahead with plans and more plans. As in previous years, all these plans represent change. New people, new divisions, new processes, new systems all mean doing things differently. How well has your organization dealt with changing to achieve in the past? Are plans made but it’s[…]
Private equity firm Terra Firma suing Citibank over EMI deal, alleging fraud. Is it a case of taking the baseball bat and mitt and going home to sulk? Read more for the potential ramifications for M&A firms. Could get ugly. http://dealbook.nytimes.com/2009/12/11/terra-firma-sues-citi-over-emi-deal/?_r=0
Predictable changes after an acquisition include a 50% drop in productivity that is not regained and sales drops between 10-60%. Up to 75% of executives in the acquired company leave within 3 years and the bleeding continues for a decade before recovery! Over the 18 month course of an average transition, there is extensive organizational[…]
We have identified some general barriers that stand in the way of most quality organizations, that keep them from achieving a much higher degree of success. Barrier #1: Accomplishing Goals Although all organizations set goals, few have a process in place for achieving the goals they set. Most organizations set annual goals. Yet most have[…]