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- Title
Blending Corporate Families: Management and Organization Development in a Postmerger Environment.
- Authors
Fulmer, Robert M.; Gilkey, Roderick
- Abstract
While there is a growing recognition that poor post-merger integration is responsible for the disappointing performance of many mergers and acquisitions, insufficient attention has been paid to the predictable dynamics and difficulties associated with this final stage of the transaction. Through formal interviews and informal discussions with executives, Fulmer and Gilkey found that the metaphor of courtship and marriage is frequently used by executives to describe the problems of compatibility and intimacy that arise in the early phases of a merger/acquisition process, and the most frequently occurring metaphors referred not so much to courtship and early marriage as to the conflicts and difficulties of the blended family. The authors review the predictable conflicts associated with creating a blended family and the interventions used to deal with these conflicts. In doing so, they offer precise diagnostic categories for anticipating and understanding postmerger problems and for improving strategies for intervention.
- Subjects
MERGERS &; acquisitions; ORGANIZATIONAL change; EXECUTIVES; CORPORATE growth; STRATEGIC planning; CRISIS management; FAMILY relations; PERFORMANCE; INTIMACY (Psychology); INTERVENTION (Administrative procedure); CONFLICT management; LOYALTY
- Publication
Academy of Management Executive (08963789), 1988, Vol 2, Issue 4, p275
- ISSN
0896-3789
- Publication type
Article
- DOI
10.5465/AME.1988.4274773