JOURNAL ARTICLE
After a Merger, These 3 Inefficiencies Can Actually Be Assets.
Published In: Harvard Business Review Digital Articles, 2024. P. 1 1 of 3
Database: Business Source Ultimate 2 of 3
Authored By: Bingham, Christopher 3 of 3
Abstract
This article discusses the counterintuitive idea that inefficiencies in the post-merger integration process can actually be beneficial for corporate growth. The author presents three specific inefficiencies: mirror teams, double incentives, and co-location. Mirror teams involve assigning managers and employees from both the acquiring and acquired companies to work together, which can help build trust and facilitate collaboration. Double incentives refer to adding new rewards after a merger to encourage teamwork, align goals, and decrease reluctance to collaborate. Co-location, or frequent in-person meetings between managers from both companies, helps build personal connections, facilitate communication, and build trust. Despite being inefficient in terms of cost and time, these inefficiencies can lead to better outcomes in the long run. [Extracted from the article]
Additional Information
- Source:Harvard Business Review Digital Articles. 2024/03, p1
- Document Type:Article
- Subject Area:Business and Management
- Publication Date:2024
- Accession Number:175977027
- Copyright Statement:Copyright 2024 Harvard Business Publishing. All Rights Reserved. Additional restrictions may apply including the use of this content as assigned course material. Please consult your institution's librarian about any restrictions that might apply under the license with your institution. For more information and teaching resources from Harvard Business Publishing including Harvard Business School Cases, eLearning products, and business simulations please visit hbsp.harvard.edu. (Copyright applies to all Abstracts.)
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