Comments on: The Cranky Middle Manager Show #88 Mergers and Reorgs Don’t Work – Corey Sherman

By: Rob Deichert

Rob Deichert — Sun, 08 Apr 2007 20:56:49 +0000

Wayne,

Just listened to your podcast, excellent material. I heard about you at PodCamp NYC, you were held out as an example of a success.

The discussion surrounding the importance of human capital in a merger is very applicable to Internet firms. When my previous company was acquired there was a concerted effort to make sure there wasn’t a talent flight. Sure we didn’t merger the two companies, but people still had it high in their mind.

keep up the good work

Rob

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Thu, 05 Apr 2007 13:38:02 +0000

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By: Wally Bock

Wally Bock — Tue, 27 Mar 2007 19:38:35 +0000

Executives like M & A for three reasons

1) as noted by Mary, they get their name in the paper
2) they grow the company fast, fast, fast which is a good message to send to Wall Street
3) M & A creates chaos for years so, instead of being held accountable, they can say, “Well we’re busy with the merger so we really can’t generate the resutls we should.”

Interestingly, Jack Welch who did as much of this as anyone and had one of the best batting averages advises that the entire integration should be done within 90 days.

By: Katie

Katie — Tue, 27 Mar 2007 18:09:49 +0000

At the end of the podcast, you asked for people who disagreed with you and your guest to write in. But what’s to disagree with? Like you, I have gone through various re-org’s and so-called “mergers”. You are SO right — the only reason they’re called “mergers” is that “Anschluss” is too hard to spell! Each of these changes brought our company down another peg, and took us further away from our core strengths. Now, our situation is worse then ever, thanks to the geniuses in the “C suite” whose greed dwarfs their business IQ. Great podcast!

By: Mary

Mary — Mon, 26 Mar 2007 19:54:38 +0000

Executives like to see their name in the papers and on the evening news…big mergers get them there…they also like to hobnob with hot shot bankers and lawyers…mergers do that too…but when the press is gone and they have to do the basics of management…communications, change management, leadership, etc…they are a deer caught in the headlights