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Joining Forces
Book

Joining Forces

Making One Plus One Equal Three in Mergers

Jossey-Bass, 1998 mais...


Editorial Rating

6

Qualities

  • Well Structured
  • For Beginners

Recommendation

Many mergers, acquisitions and alliances fail due to lack of preparation before, lack of care during, or lack of focus after the deal. Joining Forces is a sober, to-the-point manual directed at business leaders who want to provoke successful combinations, as well as managers and employees who have to deal with the burdens, both mental and physical, of combinations. For the past decade, corporate America has embraced M&A – often with mixed results – and the consolidation pace seems to be accelerating. But too few people inside and outside of the companies involved understand what the combination process means or how it should be handled. Organizations must be willing to focus on the psychological impacts of a combination on their employees. Joining Forces provides a rough sketch of how this can be accomplished – minus any unnecessary strategic details or legalese. getAbstract recommends this book to executives, managers and employees at every level – all of whom probably will have to face the realities of corporate consolidation some day.

Take-Aways

  • Combining your organization with another organization could be the best move you ever make.
  • Combining your organization with another organization could be the worst move you ever make, if you’re not willing to manage the combination properly.
  • Mergers, acquisitions and alliances are like mental Molotov cocktails for your employees.

About the Authors

Mitchell Lee Marks  has worked at the center of some of the largest mergers of the past decade. He currently works as an independent management consultant. He is coauthor of the widely read Managing the Merger with Philip H. Mirvis  Mirvis, who works as an organizational researcher and consultant, has published widely for both professional and academic audiences.


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