Jennifer Fondrevay, founder and chief humanity officer of Day1 Ready, spoke with MMG Editor Kathryn Mulligan about her research into why so many mergers and acquisitions fail, and how acquirers and investors can address workforce considerations earlier in the M&A process.
She discussed the “us v. them” dynamic that can emerge in the wake of a transaction, the common mistake of trying to hold on to key executives while neglecting other employees, and practical steps investors and acquirers can take to address common causes of M&A failure.
“Future deal success hinges on paying closer attention to the people piece sooner in the process.”
For those in the Detroit area, Fondrevay will be speaking on Nov. 14 during an ACG Detroit lunch and learn event, part of the chapter’s “Driving Business Value” series. Learn more and register for the event here.