Move Fast and Communicate Transparently

Abstract

Companies that expedite M&A transactions and communicate quickly and continuously are better able to retain focus and reduce anxiety and attrition among key stakeholders. By contrast, a prolonged bidding and negotiating period increases the risk that the best employees will leave and that competitors will pre-empt the deal and/or poach employees and customers. It is especially important that companies plan to achieve all anticipated synergies within three years. If planned over a longer timeframe, the synergies will evaporate.