IN THE HEADY, hectic world of corporate mergers and acquisitions, the typical scenario shows the top brass busy making monumental management decisions while the lower-rank employees wonder how all the big changes will affect them. It is at such a critical time that companies reveal how good they are at managing the human element.
A company engaged in a merger or acquisition that thinks of more than just the bottom line is one that knows how to create long-term value for the organisation.
Right Management Consultants knows all about advising clients on managing the human element, having concluded 57 acquisition deals of its own in the past 11 years.
Revenue generation, synergy creation and cost-cutting are the main drivers behind mergers and acquisitions. Synergy and growth were the main reasons behind Right's numerous acquisitions.
The result of all these acquisitions is the biggest consulting services firm in the world. But the company said it did not acquire just for the fun of it, and advised others to be equally cautious.
'Do not integrate just for the sake of doing so,' said Ted Davies, executive vice-president of the firm's Asia-Pacific operations.