Dear Alumnus, Dear Alumna,
The vast majority of M&A’s operations turn into failures within the 3 to 5 years following their inception: up to 75 % in average according to leading consulting firms : KPMG, AT Kearney, etc..or academic institutions : Cambridge, MIT …
And the first root cause for failure is always the culture related factors , be corporate cultures or national cultures, or business cultures,or organizational cultures.However, we have decided not to turn a blind eye on this situation that evaporates billions of dollars of shareholder’s value and puts an enormous counterproductive pressure on the Board and the CEO , but instead , have decided to tackle this issue.
Taping from our over 40 years accumulated practice in M&A and corporate development with global leaders ( GE, Du Pont de Nemours, Valéo, Landis & Gyr ,Siemens , Ascom, Warburg, ….), and from our most recent research , we have come to interesting conclusions that are likely to dramatically improve the situation. Turning the classical M&A Failure into a success by managing the cultural factors
16.00 Greeting of participants and welcome address by Dr. Nurdin and Dr. Otzen, Fabio Dellana ….x,y,z PWC
16.10 Facts and Problematics why do M&A’s fail in a vast majority of cases Dr. Otzen
16.30 Managing the cultural factors ex ante at due diligence level, ex post at integration level
Dr. Nurdin: which , how and when
16.40 The transaction critical phases Mr. Dellana / James PWC
17.00 The Global outlook in cross boarder M&A Mr. Collombin HSBC 17.20 Q&A / debate with the Alumni Audience
We would like, to share our very first findings with you and benefit from you feed –back , in a informal and interactive short avant-premièresession supported by PWC transactions services Zurich and HSBC London . We are Looking forward to meeting you on that very special occasion.
Dr. Georges NURDIN, Consultant
ESCP-EAP EMIM 76 Ph.D in Economics
Dr. Joerg OTZEN, ConsultantPh.D in Engineering
Harvard University MBA 95
Check out this PDF for more info: PWC Conference Bern 8 Nov 2006