Steps to Corporate Integration (Merger)

Paper Summary:

This paper lists, reviews and discusses the steps to be taking when merging companies. The paper reports that many mergers end in failure, which is why it is imperative that companies perform proper due diligence.

Outline:
Step 1: Pre-Merger Goals
Step 2: A General Meeting: Showing Executive Leadership
Step 3: Creating Positive Group Behavior
Step 4: Focusing on Refining the Organizational Structure
Step 5: Redefining the Corporate Culture

From the Paper:

"At this time, further consolidation of departments to save costs may be necessary--for instance, combining public relations with communications--or, conversely, creating new departments to serve the needs of the new entity. A commitment to organizational development as well as change must be made, as the company gains a better sense of where it wishes to head into the future. Ideally, communications department staff members should make an effort to begin to express this idea to shareholders and the public, as well as internal members of the staff as was done in Step 2. Developing the corporate website and company intranet to facilitate communication on all levels will also be an aid in creating channels to voice concerns and new ideas and dialogue."

Sample of Sources Used:

• "Got a merger going? Watch out for these key HR issues." (2000) The Vault.com. Retrieved 2 Feb 2006 at http://www.vault.com/nr/printable.jsp?ch_id=402&article_id=52206&print=1
• 'Integrating the new organization." (2006) Lapina.org. Retrieved 2 Feb 2006 at http://www.lapiana.org/resources/tips/leadership/03c_2003.html
• Szpekman, Andy. (2006) "Guiding principles during a merger." Melcrum. Retrieved 2 Feb 2006 at http://www.melcrum.com/cgi-bin/melcrum/eu_content.pl?docurl=article_cc_szpek

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