Post-Merger Integration Risks
- Cultural Conflict: Major cultural differences between merging entities can easily lead to friction and misunderstandings that negatively impact employee morale, productivity, and talent retention.
- Synergy Shortfalls: Merging companies fail to achieve cost and revenue targets because of unrealistic synergy estimates, inadequate integration planning, poor integration execution, and unexpected market changes.
- Information Technology Challenges: Integrating IT systems from two organizations can cause issues related to data security, data accessibility, and data integrity.
- Loss of Key Talent: The best employees in an acquired company investigate their career options and are likely to jump ship if they see the merger as bad for their careers.
- Execution Problems: Integrating systems, processes, people, and operations is a complex exercise, and if managed badly, leads to increased costs, a slow integration, and customer and employee dissatisfaction.
- Customer Attrition: Changes in products, declines in quality or responsiveness, or service disruptions can drive customers to take their business elsewhere.
- Inadequate Governance: When companies fail to define roles clearly and establish the right decision-making processes, confusion ensues and less is accomplished.
- Regulatory Issues: Failure to meet legal requirements, which are greater in number and more complex on large or cross-border deals, can result in fines, penalties, and reputational damage.
- Decline in Financial Performance: The changes and uncertainty brought about by a merger can distract employees, which in turn, can reduce their productivity and adversely impact revenues and profits.
- Damage to Brand Image: Mergers can dilute brand equity and confuse customers especially if communications to the market are unclear and inconsistent.
- Unnecessary Scope Creep: The addition of non-integration projects to an integrations's scope can overtax integration teams, dilute their focus, lengthen the integration, and threaten a deal's success.