3 Posts found for Author: Emilie Feldman

Very often when you say the word “culture” or the words “culture clash” in the context of mergers and acquisitions, companies or people will say, “We both wear jeans to work and have beer at the end of the day on Friday,” and then they say, “Our cultures are the same, therefore things will be fine when we do mergers and acquisitions.” That’s a completely … [ Read more ]

Content: Quotation | Author: Emilie Feldman | Source: Knowledge@Wharton | Subjects: Culture, Mergers & Acquisitions, Organizational Behavior

On [M&A] expectations, the problem lies with revenue synergies much more so than cost synergies. One study concluded that on average, the realization rate of cost synergies was somewhere between 60% and 90%. But the realization rate for revenue synergies was between 15% and 30%. It’s more straightforward to realize cost synergies — to gain efficiencies, to consolidate. So, companies tend to be much more … [ Read more ]

Content: Quotation | Author: Emilie Feldman | Source: Knowledge@Wharton | Subject: Mergers & Acquisitions

Companies can get their M&A act right if they pick their targets wisely, avoid overstating expectations of synergies, and manage cultural dynamics correctly, says Wharton’s Emilie Feldman.

Content: Article | Authors: Emilie Feldman, Shankar Parameshwaran | Source: Knowledge@Wharton | Subject: Mergers & Acquisitions