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Financials alone don't make an M&A deal work. Equally important
is what's behind them--an organization's people. How to understand
this reality and benefit from it is the thrust of this unusually
comprehensive, practical, readable, but conceptually rigorous book.
Daniel and Metcalf see HR executives as change agents during the
delicate maneuverings before a deal is done, and then after, when
it's time to tackle the fine-grained problems of integrating
disparate corporate cultures and the people who vitalize them. They
examine the recent and ongoing waves of mergers and acquisitions
across industries, setting them in the broader context of
organizational change. With concepts, theory, and real-life
examples drawn from their long, impressive experience as
consultants and corporate executives, Daniel and Metcalf provide
step-by-step guidance through the stages common to all corporate
combinations. They define and explain the roles to be played in the
process by HR professionals and executives elsewhere in the
organization, and show how, by interacting productively with each
other, they will thus maximize the total contribution to the
success of any corporate transaction.
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