How do you integrate cultures when companies merge or a company is acquired?
Many leaders will focus on the finances and processes when acquiring a company and don't often consider the culture. Yet the culture can actually create major problems and can even destroy a good merger. When two companies come together who each might previously have had good cultures, the result can be a toxic culture where the A players leave.
And ironically one of the reasons people buy a company is the top talent.
So when acquiring a company, having a plan for the cultures to merge is one of the most important things you must do.
This week on The Growth Whisperers we answer the question How do you integrate cultures when companies merge? Then we review the 7 most important things to consider when merging two company cultures.
