Managing Emotions in Mergers And Acquisitions (New Horizons in Management Series)

After years of merger mania accompanied by a high failure rate, the importance of emotions is being acknowledged. Heretofore an under-researched, poorly understood topic is being given the attention it deserves. Managing Emotions in Mergers and Acquisitions comes to grips with what a leader can do to make mergers and/or acquisitions a successful experience for all involved. The book tackles the question of managing emotions while integrating two or more organizations. Kusstatscher and Cooper cover: 1. Why so many mergers fail,2. Why M&A-related events are emotionally challenging,3. What emotions are,4. How to address emotions in an M&A context, and 5. Why M&A-related emotions are important. The book's objectives are to: 1. Create awareness of emotions,2. Provide a comprehensive conceptual framework to explain the link between managing emotions and M&A success,3. Present a toolkit for measuring emotions to guide managerial decisions, 4. Analyze four M&A cases to draw conclusions about which managerial behavior and communication style triggers which kinds of emotions in employees and, 5. Describe the effects employee's emotions have on M&A outcomes. This penetrating work provides a wealth of research-based information, extensive findings, and insights from an enormous number of sources and first-hand experiences. It includes an extensive bibliography. We highly recommend Managing Emotions in Mergers and Acquisitions to anyone involved in planning or managing an M&A event. Just As Mergers And Acquisitions Begin To Take Off Once Again, This Book Reminds Us That The Emotional Side Of Business Is Often At The Heart Of Success And Failure. With A Terrific Mix Of Case Studies And In-depth Conceptual Thinking, Managing Emotions In Mergers And Acquisitions Addresses The Most Fundamental Of All Issues In M&as How And Why People Sometimes Disrupt The Best Merger Plans, Simply Because They Are, Well, People. Sydney Finkelstein, Professor Of Strategy And Leadership At The Tuck School At Dartmouth College, And Author Of Why Smart Executives Fail This Is A Very Welcome Addition To Our Knowledge On M&a Process. This Is An In-depth Study On Emotions, How These Are Effected Due To M&a Activity In Two Firms And How They Influence The Process Itself. It Helps Us To Understand, What Emotions Are? How We Can Deal With Them? And, Why Do M&as So Often Fail? It Offers State-of-the-art Knowledge On This Complex Phenomenon. The Four Cases Present In Depth And Extremely Rich Insight Into How Emotions Actually Work And Influence The Success/failure In M&a Process. In Conclusion, It Is A Timely And Innovative Book Which Is A Must Read For Anyone Interested In Mergers And Acquisitions. Pervez Ghauri, University Of Manchester, Uk Research Suggests That An Increasing Number Of People Experience Organisational Changes Such As Mergers And Acquisitions As Highly Emotional Life Events. Indeed, Given That, As The Authors Prove, 70% Of All Mergers And Acquisitions Fail To Reach Their Initial Goals Largely Because Of Neglected People Issues, It Is A Must For Every Manager And M&a Researcher To Understand The Emotional Side Of Such Change Processes. This Fascinating Book Explains How Managerial Behaviour And Communication Styles Influence The Emotions Of Employees And Affect Their Readiness To Contribute To A Successful Post-merger Integration. It Combines Emotion Theories From Other Disciplines With Recent M&a Findings, And Offers Practical Implications Through Illustrative Case Studies. Academics And Practitioners Will Find The Combination Of Management Literature With Psychology And Sociology Literature Of Great Interest. Research suggests that an increasing number of people experience organisational changes such as mergers and acquisitions as highly emotional life events. Indeed, given that, as the authors prove, 70 per cent of all mergers and acquisitions fail to reach their initial goals largely because of neglected people issues, it is a must for every manager and M & A researcher to understand the emotional side of such change processes "This book explains how managerial behaviour and communication styles influence the emotions of employees and affect their readiness to contribute to a successful post-merger integration. It combines emotion theories from other disciplines with recent M & A findings, and offers practical implications through illustrative case studies."--Jacket Explains how managerial behaviour and communication styles influence the emotions of employees and affect their readiness to contribute to a successful post-merger integration. This combines emotion theories from other disciplines with M & A findings, and offers practical implications through illustrative case studies