Reply To: Reasons Mergers Fail – Culture

#113455

Kent Anderson
Participant

Corporate culture varies wildly. In one position I was in, we decided to build on the green field versus acquire for the exact reason of corporate culture. Our company had a culture that we believed was central to our success. We considered the challenges of building everything from scratch to be the easier path than acquiring a company and working to change the culture, in particular for the exact reason that Gina mentions. High turnover would have been the likely result.

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