Regularly, we start from the assumption that Teams are formed in a way that they will be harmonious throughout their tenure, but often this is not the case. Teams can start well with an air of civility, but tensions can lie below the surface. It is critical that these tensions or hidden stresses are surfaced at the start. If not, these will be left to fester and will ultimately cause dysfunctionality in the team, thus reducing their effectiveness.
The Illusion of Teams
“Not finance. Not strategy. Not technology. It is teamwork that remains the ultimate competitive advantage, both because it is so powerful and so rare” Patrick Lencioni, 2002
To many working in and leading teams, the notion that teamwork could be considered ‘rare’ may be met with some doubtful questioning. However, to understand whether this statement has truth, we must explore several questions
The literature shows us that merger and acquisition (M&A) integrations are not easy. This is why a significant number of them fail or fail to meet expectations.
Continue Reading: → Reflections on how to make merger and acquisition integrations work
In our blog, the key detractors for successful mergers and acquisitions , we cover the key things that can go wrong with a post-merger and acquisition integration and provide mitigation strategies. But where do we start, and how do we keep the process as simple and manageable as possible?
The merger and acquisitions (M&A) process is not easy. While 30% are successful, this de facto means that 70% fail or don’t meet their intended output at return. So, what are the factors that influence whether a M&A is successful?
Continue Reading: → The key detractors for successful mergers and acquisitions