A riddle: Five frogs are sitting on a log. Four decide to jump off. How many are left?
Answer: Five
Why? Because there’s a difference between deciding and doing.
Every year there is a number of high profile attempted and completed mergers and acquisitions. The issue for all deals is that the track record of success is very poor. Investors know this and often block deals. If the deal does go through the honeymoon period is very short before stakeholders demand results. The truth is that results often don’t materialise. It’s not enough to decide one has to act and act quickly. Change is certainly expensive but delay is catastrophic.
Managing the complexity of change is a particular area of expertise at MayConsulting.