According to McKinsey, nearly 70% of mergers and acquisitions fail to deliver their expected value, with people and culture cited as the top reasons. Yet most organizations still approach M&A as a financial and legal milestone, not a leadership stress test.
That disconnect is that M&A is an enterprise wide initiative, and prepared and excellent HR teams can be that force that helps the deal succeed. It’s a reality Danielle Korins, Global Chief a Human Resources Officer has navigated repeatedly throughout her career in more than 50 M&A processes.
“M&A is the moment when leadership behaviors are no longer theoretical,” Korins explained. “Every decision, every conversation, and every silence gets magnified.”
The overlooked truth: Managers dictate the M&A experience
While executive teams negotiate deal terms, employees experience M&A almost entirely through their direct managers. Gartner reports that 75% of employees rely on their manager as their primary source of information during organizational change, not corporate communications or HR announcements.
This article was released on Inc.com first.
Read the full article here:https://www.inc.com/netta-jenkins/mergers-and-acquisitions-fail-at-the-top-and-in-the-middle/91296644
Photo credits to Inc.com