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M&A Excellence: How the World's Top Companies Successfully Drive Integration Excellence CHAPEL HILL, N.C. --(Business Wire)-- Sept. 17, 2004 -- When a leading pharmaceutical company was undergoing integration, it commissioned a third party to evaluate both companies. During the evaluation process, both firms conducted one-on-one interviews with the top 23 leaders from each side. The merging companies also conducted 25 focus groups (made up of a representation of each functional area). The interviews and focus groups evaluated cultural norms such as histories, assumptions, values, perceptions (of themselves and the other side) and excitements and concerns about the merger.In addition companies employ an implementation team structure that specifically addresses culture and change management issues. Tactics detailed in Best Practices, LLC's comprehensive toolkit - the Merger & Acquisition Integration Excellence Series - detail these and hundreds of other strategies of how top companies ensured successful integration. Download a free summary containing additional sample tactics online at http://www3.best-in-class.com/cr108.htm. This comprehensive suite of products helps answer critical questions, identify gaps, leverage and improve existing corporate capabilities through presenting: -- Tactics companies use to retain key executives and personnel during mergers and acquisitions -- Checklists for structuring merger and acquisition proposals and transition planning -- Criteria for analyzing, evaluating and selecting potential deal opportunities -- Opportunities to keep up with market trends and benchmarks through the Best Practice Database, customized surveys and networking opportunities with top executives at leading companies through the Global Benchmarking Council Designed to help companies understand how leading companies achieve and sustain integration excellence in the face of rising mergers and acquisitions, this series contains more than 150 data-driven best practices and metrics that were developed through more than 50 in-depth interviews, 90 benchmark survey participants, 1000 deals and more than 200 other research resources. In addition, it includes a Global Benchmarking Council Membership: benefits of this membership include access to our entire database of best practices, opportunities to network with executives at leading companies and conduct your own benchmarking research across all industries and functions. Or, contact Susan Silverstein at [email protected] or (919) 767-9251 to create your own custom series. Cited in the Wall Street Journal, this series is a must-have for all executives wrestling with incoming and on-going organizational change due to corporate mergers or acquisitions. To discuss how to purchase and customize the Merger & Acquisition Excellence Series, contact Susan Silverstein at [email protected] or (919) 767-9251. More series information and free summary are also available online at http://www3.best-in-class.com/cr108.htm. ABOUT BEST PRACTICES, LLC Best Practices, LLC is a research and consulting firm that 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 companies. For more information, call 919-403-0251 or visit http://www.best-in-class.com/. |
