A culture's #1 priority is to sustain itself. And it's good at it.
Your technique for change must be carefully engineered to overcome this fundamental problem.
Corporate Culture Best Practices
Reality: Culture wins most of the battles against those who set out to change it.
How to Beat the Odds: Attack a very narrow front. Focus on the mission-critical 5% of culture that affects operating results. Ignore the 95% that remains— it's just noise.
PRITCHETT has spent four decades dealing with culture on a tough merciless proving ground: Merger integration. That deep, raw, real world experience teaches you what sort of culture change effort works, and what doesn't have a crying chance of succeeding Save yourself a lot of money and heartburn— take advantage of our battle scars.
Corporate Culture: The "X Factor" in M&A
Culture is a popular topic when people talk about merger issues, but little is known about actual practices. This nationwide research project was designed to explore how acquiring/merging companies currently deal with the challenges of culture integration and culture change.
In this webinar, Joe Aberger explains that "while culture incompatibility is a plausible suspect for merger failures, it should not automatically be the primary one." Too often, it takes most of the blame while the real culprit gets off scot-free.
Deep Strengths: Ten Pillars of Organizational Change
PRITCHETT conducted this nationwide study to determine how CEOs rank their organizations on key traits we refer to as Deep Strengths. These ten attributes are closely tied to performance, yet often they're left to chance.
Deep Strengths reflect the organization's mental and emotional state, the inner condition that shapes performance and helps determine the organization's ultimate financial condition.
Don't Let Your Corporate Culture Hijack Merger Integration from Lessons From 1,000 Deals
Some acquirers have a tough time following the fundamental rules for successful integration. The problem? Their companies' cultural DNA is in direct conflict with integration best practices. Read More
Rx for Culture Integration from Lessons From 1,000 Deals
In The Importance of Being Earnest, Oscar Wilde wrote, "Everything popular is wrong." He could have been talking about the conventional wisdom regarding culture integration in mergers and acquisitions. Read More
The Curse of a Strategy-Culture Disconnect from Lessons From 1,000 Deals
Organizations being acquired and merged face an insidious threat: A loss of alignment between corporate strategy and the existing culture. Read More
Lessons From 1,000 Deals gives you actionable, high-payoff guidelines for managing the human side of post-merger integration. Dr. Pritchett's lessons come from his firm's 40+ years of worldwide merger work involving all kinds of deal structures.
