Central strategy / M&A teams vs business driven M&A
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Hi
in one of the case studies, it was pointed out that the company did not have a central strategy / M&A team and that acquisitions were driven by the line managers instead. On the one hand, my experience is that such central teams can provide for strong and knowledgeable resources during an acquisition, but at the same time they can tend to be too far away from the actual business to really understand its needs. Since they also need to justify their existence, they may drive acquisitions even though they may not be the best solution. What is your view on having such central teams?
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