| TITLE : MAKING MERGERS WORK: A GUIDE TO MANAGING MERGERS AND ACQUISITIONS. |
CONTENTS 1 Cutting the High Cost of Mismanaged Mergers 1 The Failure Rate in Today's Merger World. The Cost of Lost Talent. The Financial Damage of Lost Productivity. The Price Tag on Loss of Competitive Position. The Expense of Union Problems. The Cost of Miscasting People. Coaching Points. 2 Getting in Touch with Merger Problems 14 Failure to Recognize Problems. Disregard for Problems. Denial of Problems. The Management Hot Seat. Action versus Words. Coaching Points. 3 Avoiding the Most Common Management Mistakes 28 Violation of Expectations. Coaching Points. Crisis of Leadership. Coaching Points. Moving Too Slowly. Coaching Points. Fixing Things that Ain't Broken. Coaching Points. Undercommunicating and Losing Touch. Coaching Points. 4 Managing Employees through the Three Merger Stages 50 Stage 1: Shock and Numbness. Stage 2: Suffering. Stage 3: Resolution. A Four-Step Process for Dealing with Loss. Coaching Points. 5 Managing Resistance to Change 61 Where Resistance Comes From. How People Resist. Steps toward Overcoming Resistance to Change. Coaching Points. 6 Managing the Team-Building Process 77 Stages of Team Development. The Team-Building Process. 7 Managing Differences in Corporate Culture 94 Corporate Culture: The Organization's Personality. The Difficult Task of Culture Change. The Time Window for Change. The Impact of Mergers on Corporate Culture. Managing Cultural Conflict. Coaching Points. Epilogue 106 Index 107