Research and experience tell us that even organisations with significant M&A experience, and a successful track record, report they could have improved outcomes by placing more and earlier emphasis on people and culture issues. Organisations that neglect culture, communication and leadership in the heat of a deal do so at the risk of not meeting expected transaction objectives.
Deep technical M&A expertise is not required in organisations at all times, but there is no substitute for experience when the time comes to move at deal pace. Early preparation and securing required resources are critical contributing factors to the success of M&A transactions, especially when it comes to navigating people and culture issues.
If a team is not ready at the start of a transaction, it is a huge challenge to make up for lost time. Lost time is lost value. Investing to get your team up to speed, or making improvements from one deal to the next, is an easy business case to make.