Note: This is part of a series of posts about driving transformation through Mergers and Acquisitions (M&A). Here's my first post. This summarises the M&A challenge and the ten recommendations I have for success. The Power of Ideas When a powerful idea surfaces in one industry, it...
A few weeks ago I was asked to take part in a member’s expert Briefing hosted by Constellia, a specialist in supplier spend management with a focus on helping clients optimise their engagements with professional services organisations. The fundamental question under discussion was, “In large...
Driving Transformation through M&A: Tip 1 of 10 This is part of a series of posts about driving transformation through Mergers and Acquisitions (M&A). Click here for the first post in this series which summarises the M&A challenge and the ten recommendations I have for success....
I read with much interest a recent FT article on how the existing system lacks prudence and encourages wasteful M&A. https://www.ft.com/content/14d90d46-3ed0-11ea-a01a-bae547046735 The gist of the piece was around how the FASB has and is struggling to come to terms with the now $3.5tn that exists on US...
“OK, great, thanks for the meeting, everyone; it looks like we’re ‘green’ across the board for completing this deal next Tuesday. I just need to pop into the board meeting this afternoon and get the official rubber stamp, then we can tell the banks to...
On 16 September 2019 Andrew Hill reported the toll that M&A was taking on staff in terms of disruption and anxiety. Though the article focuses on headlining deals, we believe that regardless of the deal size, employee engagement is one of the keys to realising...
In January 2014 BTD released the results of research into leadership behaviours that influence long-term M&A performance. In the first of this series of comments, we consider the most well-recognised: Deal Fever: "The deal takes on its own dynamic. Negatives are overlooked, and so are any...
With the recently announced acquisition of strategy firm Booz and Co by PwC (still to be voted on by the Booz partners), consulting mergers are back in the news. These – and very probably more to come – are being driven by a significant restructuring...
My colleagues and I have spent much of the past month speaking at conferences, meeting acquisition and integration professionals, heads of strategy and CEOs across Europe and the US, and listening to their plans, hopes and concerns for the coming year. These discussions along with...
Interesting developments continue in the merger efforts of American Airlines and US Airways: According to the Washington Post, the U.S. Department of Justice and several states have just sued to block the proposed merger of American Airlines and US Airways, arguing that the new $11 billion airline would reduce...