Mergers and acquisitions (M&As) are a significant undertaking for businesses. Companies spend $2trillion every year on M&As, yet multiple studies show the failure rate falls somewhere between 70% to 90%, writes Lev Lesokhin, EVP of strategy and analytics at CAST.
M&As fail for many reasons. Cultural integration issues, as well as leadership and management change all present significant challenges. However, Accenture’s Merger Integration Study found the main reason for failures is IT integration, contributing to