Acquisitions make expansion faster, but not always better. What are some of the considerations a company needs to make when acquiring another? For example, should they merge their operations with those of the acquired company, keep their management, or install their own?
The process of acquiring another company is often complex and underrated. Even the most well established companies have failed when acquiring others, thus strategic planning is essential.
Here are some suggestions that a company should when acquiring another-
1. Do the organizational cultures align?
2. Are the missions and visions of both companies related and reflective of one another?
3. Is it beneficial to hire a new staff ...
This summary further describes the process of organizational acquisition, especially in terms of considerations that must be made when one company acquires another. This summary provides questions that organizations should consider during the acquisition phase, as well as references supporting these questions (based upon current literature).