The Art of the Alliance

Alliances, whether in business or politics, require a foundation of trust. The great military historian Sun Tzu, author of The Art of War, said, “We cannot enter into alliances until we are acquainted with the designs of our neighbors.” Today, companies are being forced to consider alliances as a key component of their business strategy. As trade barriers disappear and new playing fields open up, … [ Read more ]

Three Years After the Marriage

Most M&A experts and merger integration managers would agree that a successful outcome from any single merger or acquisition is far from certain. Studies repeatedly confirm that half of all business “marriages” fail. Yet when M&As work, they create significant value – as demonstrated by the 50 percent of corporate unions that succeed. The secret to their odds-beating success? Strong leadership combined with professional execution … [ Read more ]