3. PURPOSE OF BUSINESS VALUE CREATION : Proactive Management Actions which generate enhances sustainable value for its stakeholders than what existed before – by adding either to its capabilities or gainig competitive market dvantage , enhances portfolio, advances technological know –how , introduction of new management processes and practices or by Adding to its corporate management and Governance processes.
19. ONBOARDING AND ENCULTURIZING “ On Boarding”… ..building sustainable talent advantage through Alignment and creating organisation value Enculturisation Socialisation Orientation Induction Assimilation 30 days before Joining date 10 days before Joining date First week of Joining 1 month post Joining 2/3 months post Joining Enculturisation Orientation
37. Respondents to the 2006 “Current State of M&A Integration” survey Source: MERGERS & ACQUISITIONS By Timothy J. Galpin During a recent acquisition, we thought that because they were in the same industry and had grown along the pathway we had grown that our cultures would be the same. When we started working on integration, the only two things we had in common were that we sold things to customers and expected to be paid
38. Defining..… Organization Culture is a collective set of patterns observed through individual and group behaviors indicating “how work gets done” in the value creation process … .the how of “engaging” people in the process of Value Creation HOW THINGS GET DONE AROUND HERE
39.
40. The typical Merger and Acquisition deal never realizes full benefits of its intended financial and strategic impact. While M&As can fail for a number of reasons, 70% failures are due to the ‘people’ side of the deal which occurs as a result of the change dynamics created by the merger Harvard Business Review