Successful Merger Synergies – How To Make It Work
“We tend to overestimate what we can accomplish in a day and underestimate what we can accomplish in a year.”
This is particularly true in the case of mergers or acquisitions. Recently, a company I founded, EMJ, was acquired by SYNNEX. Prior to that EMJ had acquired 12 other companies. The following is a list of lessons I have learned on how to do a successful merger.
1. Challenge assumptions: Most management thinks all companies work more or less the same. This is not...