PRZOOM - /newswire/ -
Mountain View, CA, United States, 2010/05/03 - Frost & Sullivan, the Growth Partnership Company, surveyed Corporate Development executives to identify the top reasons for acquisition failure (2007). The primary reason sited was poor integration capabilities (70%).
This challenge is not new, but has become more pressing with the upswing in M&A activity following the rebound from the economic downturn. As M&A activity increases and companies are still wary of investing in new employees, it is vital to review how organizations consider cost-effective ways to increase integration capabilities.
Some factors Corporate Development executives need to consider when integrating an acquisition include: involving your integration team in due diligence; addressing regional and organizational cultural differences; training your integration teams on change management; and ensuring proactive messaging to increase receptivity by the target and its stakeholders.
The Growth Team Membership™ program of Frost & Sullivan profiled a best practice in integration with Weir PLC, a global engineering company located in the United Kingdom. The profile demonstrates how Weir developed and implemented a network of part-time, region-specific integration teams to increase capacity and harness local knowledge for effective acquisition integration.
The report details the process Weir PLC uses to create and train part-time integration teams to address the major roadblocks to effective acquisition integration. For access to this best practice profile, please email Jake Wengroff at jake.wengroff[.]frost.com, or call 210.247.3806.
Frost & Sullivan's Growth Team Membership™ and Weir PLC will host a complimentary webinar on Tuesday, May 11, 2010, 11am ET/ 4pm GMT, to present their best practice on Building Global Acquisition Integration Capabilities. This one-hour webcast includes a Q&A session with Mark Leonard, Head of Acquisition Integration at Weir Group PLC.
Frost & Sullivan's Growth Team Membership™ is an annual subscription program that supports the individual members of a CEO's executive team in achieving the company's top-line growth objectives. The membership includes career-focused events, implementation-oriented best practices research, and targeted services. A Growth Team Membership will speed the design and implementation of a company's growth initiatives (avoid reinventing the wheel); reduce risk by avoiding pitfalls encountered by peers; stimulate problem solving through a cross-industry perspective; improve an executive's contribution to the CEO's growth agenda; and accelerate the executive's professional and career development.
About Frost & Sullivan
Frost & Sullivan, the Growth Partnership Company, enables clients to accelerate growth and achieve best-in-class positions in growth, innovation and leadership. The company's Growth Partnership Service provides the CEO and the CEO's Growth Team with disciplined research and best-practice models to drive the generation, evaluation, and implementation of powerful growth strategies. Frost & Sullivan leverages over 45 years of experience in partnering with Global 1000 companies, emerging businesses and the investment community from 40 offices on six continents.