Our Organization
The absence of cultural fit & a solid integration plan
are key reasons why so many mergers fail.
CULTURAL INTEGRATION WITH MERGERS AND ACQUISITIONS
We believe no business survives over the long-term if it cannot reinvent itself. Research shows that sixty to seventy percent of mergers and acquisitions fail to meet expectation. Ninety percent of the acquired companies lose market share. Most experts agree that the "human factor" is the primary cause of difficulty in making the integration between two companies work successfully.
Marvin Consulting approaches cultural integration by recognizing that each organization is unique with a specific history and business model. Therefore, we do not take "off-the-shelf" processes and methodologies to issue associated with the organization.
Collect information to define the current culture and state of each organization.
Create a powerful vision strategy and objectives for the new organization.
Appreciate the strengths and weaknesses of both organizations so that all strengths are incorporated and the weaknesses are addressed.
Identify the gaps and what is needed to get the desired future state. A change plan is then created incorporating the unique challenges of the organization with basic principles of change management.
Prepare executives to lead change by dealing with resistance, getting rid of obstacles, changing systems/processes that impede change, addressing talent needs and encouraging risk-taking and innovation.