In M&A, achieving success goes beyond financial gains. Cultural integration between two organizations is a pivotal factor that can determine the outcome of a deal. Bringing together two separate organizational cultures poses significant challenges, from conflicting values and communication methods to different work practices and management styles.
What are some pitfalls to avoid when navigating cultural integration in M&A? What metrics or indicators can be used to measure the success of cultural integration post-M&A? What are some best practices for promoting cultural understanding and synergy between merged entities?