A certain kind of business heads and CEOs are known to be particularly adept at making M & A (Mergers and Acquisitions) turnarounds, using their bold strategies. A study was conducted recently by BCG, which is a management consulting, to understand this occurrence. One such indicator is their willingness to act at pace. Another is how their ambitious targets, gain synergy all over the country. These types of leaders are also fixated at transformation, but ensure that enough investment goes in to it, so it all works out. Sufficient amount of corporate training is doled out to the employees, so they may thrive in the changing scenario. This also helps build a long- term orientation in the company, so that quick- fire solutions are dumped out. A well- defined purpose is drafted right at the start, supported by a mission statement, that spells out the true ambitions of the company.

Source:https://www.bcg.com/publications/2019/bold-ceos-succeed-mergers-and-acquisitions-turnarounds.aspx

Uploaded Date:23 December 2019