One Reason Mergers Fail: The Two Cultures Aren’t Compatible
There is a fault line where tensions often erupt in mergers. This fault line is what we call tightness versus looseness. When tight and loose cultures merge, there is a good chance that they will clash.
Tight company cultures value consistency and routine. They have little tolerance for rebellious behavior, and use strict rules and processes to uphold cultural traditions. Loose cultures are much more fluid. … [ Read more ]
Content: Article | Author: Michele Gelfand | Source: Harvard Business Review | Subject: Mergers & Acquisitions