Lack of cultural integration process and planning as well as top talent
flight are key people-related M&A concerns for senior business leaders
the world over, according to a recent Mercer survey*. In fact,
throughout Asia, Latin America, North America and Europe, approximately
one third to one half of respondents said that they have no process for
assessing culture and leveraging results. These same deal leaders are
also very worried about top talent leaving their organizations soon
after M&A deals close, with 75 to 80% saying that they are “very” or
“moderately” concerned. Key insights from the survey were recently
captured in an infographic
published as part of the weekly Mercer/THINK thought leadership blog.
“M&A activity poses multiple challenges for companies in today’s global
economy, requiring innovative and practical strategies for retaining key
talent and integrating organizational cultures,” said Chuck Moritt,
Chair, Mercer’s Global M&A Leadership Group. “This is especially true
for companies in markets where high levels of employee mobility and
significant differences in workplace and local cultures make post-deal
integration challenges a threat to the company’s performance.
On a positive note, business leaders acknowledged that people-related
issues are gaining more prominence in M&A situations than in the past.
This is particularly true in Asia, where a full 84% agreed that people
issues are more prominent, followed by Latin America (62%), North
America (60%) and Europe (47%).
To help better prepare business leaders, corporate development/strategy
and finance executives as well as senior HR leaders for the key human
capital risks that could impair any deal, Mercer is currently offering
the Mercer
2104 M&A Ready™ Executive Development Program in major financial
centers around the world. The program consists of an intensive and
highly interactive two-day session where attendees will learn about
various approaches that will increase their opportunity to effectively
align people to their business and deal strategy through a combination
of presentation, facilitated deal simulation, and open, confidential
group discussions. Participants are better able to assure effective risk
management and optimize shareholder value.
In North America, Mercer 2014 M&A
Ready Executive Development Programs will be held in:
-
Calgary – June 12-13
-
New York – June 17-18
-
Chicago – October 15-16
To learn more, including a full list of global locations, please visit www.mercer.com/MAREADY
*The Mercer 2013 Global M&A Ready Registration Survey was conducted
among 372 senior business leaders who registered to attend the workshops
in locations worldwide.
About Mercer
Mercer is a global leader in talent, health, retirement and investments.
Mercer helps clients around the world advance the health, wealth and
performance of their most vital asset – their people. Mercer’s 20,000
employees are based in more than 43 countries and the firm operates in
over 130 countries. Mercer is a wholly owned subsidiary of Marsh
& McLennan Companies (NYSE:MMC), a global team of professional
services companies offering clients advice and solutions in the areas of
risk, strategy and human capital. With 55,000 employees worldwide and
annual revenue exceeding $12 billion, Marsh & McLennan Companies is also
the parent company of Marsh,
a global leader in insurance broking and risk management; Guy
Carpenter, a global leader in providing risk and reinsurance
intermediary services; and Oliver
Wyman, a global leader in management consulting. For more
information, visit www.mercer.com.
Follow Mercer on Twitter @MercerInsights.
Copyright Business Wire 2014