Reply To: The Culture Factor in M&As

#110532

Andre Hamilton
Participant

I think that there is a real disconnect between the CEOs/ top management and what is actually going on at the ground level of a company. This is specifically true in larger corporations. At these larger companies, the lower level positions have created a revolving door policy due to the high turnover. When this becomes the culture, it becomes engrained the DNA of the company. Somewhere along the way, companies lose sight of its core values and forget the mission statement in an attempt to chase profits. Current situations really highlight those companies that are out of touch with reality. The culture of a firm is pivotal in a successful merger.

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