Secrets to successful M & A
According to research conducted by Harvard Business School comparing 435 publicly traded companies on the sophistication of their HR practices, firms in the top 10% saw their market value soar to more than 11 times their book value and generated five times the sales per employee compared to the bottom 10%. 4.\n These leaders never underestimate the importance of cultural fit between the target and the acquirer because they recognize the increased risk inherent in poor execution. Since many M&A transactions lead to job loss, turnover is one of the largest people-associated risks that leaders need to thoroughly manage and account for when developing projections.