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
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Related links:
http://www.best-in-class.com
http://www3.best-in-class.com/cr160.ad
CONTACT:
Mark Schoeman of Best Practices, LLC,
+1-919-767-9258 or email mschoeman@best-in-class.com
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