Merger and Acquisition Excellence: Managing M&A 'Honeymoon' Blues

Aug 29, 2005, 01:00 ET from Best Practices, LLC

    CHAPEL HILL, N.C., Aug. 29 /PRNewswire/ -- The increased pace of merger
 and acquisition (M&A) activity in 2005 is again forcing executives and
 business unit managers to grapple with the challenges of effectively managing
 organizational change. Effective best-practices and strategies for managing
 post M&A integration efforts are identified by the research and consulting
 firm Best Practices, LLC and are highlighted in a complimentary white paper
 available at: http://www3.best-in-class.com/cr160.ad. According to Jonathan
 Tanz, Head of Research at Best Practices, LLC "the post M&A honeymoon is in
 most instances not as congenial as executives and managers expect  - there is
 tremendous opportunity to learn from other organizations M&A experiences."
     Profiled companies whose integration experiences were incorporated into
 Best Practices, LLC's study include: AOL; AstraZeneca; AT Kearney; Aventis;
 Bell Atlantic; Boeing; Wellcome; Ciba-Geigy; Cisco Systems; Citigroup; Coca-
 Cola; DaimlerChrysler; Dupont; Exxon Mobil; General Electric; Glaxo Wellcome;
 GlaxoSmithKline; Honeywell; IBM; Intel; Johnson & Johnson; Kaiser Permanente;
 Level One; Lucent Technologies; Motorola; Novartis; Verizon; Verizon Wireless;
 Viacom; Wells Fargo; and Yahoo.
     Best Practices studies reveal that proven planning and management tactics
 are the key to merging different companies into a single, profitable entity.
 
     For example:
      -- Best-in-class organizations develop comprehensive integration models
         that map integration processes across the full organization. Advanced
         organizational design models are very effective at creating a high
         level overview for executives while still delivering change management
         tools and programs to managers on the ground.
      -- Leading companies recognize that retaining key leadership personnel
         from all organizations involved in the M&A is highly correlated to the
         timeframe and the perceived success of the integration process.
      -- If post M&A rationalization action is required, best-in-class
         organizations downsize expeditiously and in parallel revise incentive
         and reward programs to motivate existing employees.
 
     If you are involved in or considering M&A integration initiatives visit
 Best Practices, LLC online at http://www3.best-in-class.com/cr160.ad to
 download a free merger and acquisition white paper. To learn more about how
 Best Practices, LLC can help your company, contact Jonathan Tanz, Best
 Practices Head of Research at 919-767-9227/ jtanz@best-in-class.com.
 
     ABOUT BEST PRACTICES, LLC
     Best Practices, LLC conducts work based on the principle that
 organizations can chart a course to superior economic performance by studying
 the best business practices, operating tactics and winning strategies of
 world-class organizations. For more information about Best Practices, LLC,
 call 919-403-0251 or visit the corporate web site at
 http://www.best-in-class.com.
 
 

SOURCE Best Practices, LLC
    CHAPEL HILL, N.C., Aug. 29 /PRNewswire/ -- The increased pace of merger
 and acquisition (M&A) activity in 2005 is again forcing executives and
 business unit managers to grapple with the challenges of effectively managing
 organizational change. Effective best-practices and strategies for managing
 post M&A integration efforts are identified by the research and consulting
 firm Best Practices, LLC and are highlighted in a complimentary white paper
 available at: http://www3.best-in-class.com/cr160.ad. According to Jonathan
 Tanz, Head of Research at Best Practices, LLC "the post M&A honeymoon is in
 most instances not as congenial as executives and managers expect  - there is
 tremendous opportunity to learn from other organizations M&A experiences."
     Profiled companies whose integration experiences were incorporated into
 Best Practices, LLC's study include: AOL; AstraZeneca; AT Kearney; Aventis;
 Bell Atlantic; Boeing; Wellcome; Ciba-Geigy; Cisco Systems; Citigroup; Coca-
 Cola; DaimlerChrysler; Dupont; Exxon Mobil; General Electric; Glaxo Wellcome;
 GlaxoSmithKline; Honeywell; IBM; Intel; Johnson & Johnson; Kaiser Permanente;
 Level One; Lucent Technologies; Motorola; Novartis; Verizon; Verizon Wireless;
 Viacom; Wells Fargo; and Yahoo.
     Best Practices studies reveal that proven planning and management tactics
 are the key to merging different companies into a single, profitable entity.
 
     For example:
      -- Best-in-class organizations develop comprehensive integration models
         that map integration processes across the full organization. Advanced
         organizational design models are very effective at creating a high
         level overview for executives while still delivering change management
         tools and programs to managers on the ground.
      -- Leading companies recognize that retaining key leadership personnel
         from all organizations involved in the M&A is highly correlated to the
         timeframe and the perceived success of the integration process.
      -- If post M&A rationalization action is required, best-in-class
         organizations downsize expeditiously and in parallel revise incentive
         and reward programs to motivate existing employees.
 
     If you are involved in or considering M&A integration initiatives visit
 Best Practices, LLC online at http://www3.best-in-class.com/cr160.ad to
 download a free merger and acquisition white paper. To learn more about how
 Best Practices, LLC can help your company, contact Jonathan Tanz, Best
 Practices Head of Research at 919-767-9227/ jtanz@best-in-class.com.
 
     ABOUT BEST PRACTICES, LLC
     Best Practices, LLC conducts work based on the principle that
 organizations can chart a course to superior economic performance by studying
 the best business practices, operating tactics and winning strategies of
 world-class organizations. For more information about Best Practices, LLC,
 call 919-403-0251 or visit the corporate web site at
 http://www.best-in-class.com.
 
 SOURCE  Best Practices, LLC