In the Financial Times of 30 June 2009, columnist Stefan Stern wrote an article about how to survive a merger, having in hand an advance copy of my new book: Surving M&A: Making the Most of Your Company Being Acquired.
Gratifying to see Stefan Stern’s suggestion that ”…we should be grateful that Scott Moeller…has picked this moment to publish a useful new book.’
He goes on to agree that everyone in two merging companies needs to be thinking about their future as possibly uncertain, that talent doesn’t necessarily mean you’re a personal winner and nor does seniority (in fact, in the latter case, it works against you), and that there are ’strange, disingenuous things’ said during the deal.
As Stefan Stern said in the article: ‘M&A can be fraught and filled with potential hazards’. Exactly! Which is why a proper defensive — or even offensive — plan is needed by each and every employee.
Anyone with any examples of the above? Please comment on our companion weblog, Surviving Mergers!