cameron and green making-sense-of-change-management

Mergers and acquisitionsSUMMARYThere are five main reasons for undertaking a merger or acquisition:• growth;• synergy;• diversification;• integration;• deal doing.Recent research indicates that five golden rules should be followedduring mergers and acquisitions:• Communicate constantly.• Get the structure right.• Tackle the cultural issues.• Keep customers on board.• Use a clear overall process.Individuals can be managed through the process using the Kubler-Rosscurve as a basis for understanding how people are likely to react to thechanges. Teams can be managed through endings, transitions and newbeginnings using the advice of Bridges. Tuckman’s forming, storming,norming, performing process also lends understanding to the sequences ofactivities that leaders of new joint teams need to take their teams through.Managers need to manage themselves well through an integrationprocess. Roffey Park’s advice is:• Get involved.• Get informed.• Get to know people.• Deal with your feelings.253