This Kindle book of 87 pages sets out a systematic and pragmatic process for managing post-acquisition intervention and integration issues. Dr. McKaskill draws extensively on his own experience as a CPA, entrepreneur and academic as well as his personal experience with acquisitions and the sale of his businesses. His approach brings a systematic and comprehensive approach to growing the business through acquisitions.
Successful acquirers know that there is a lot more to achieving a positive return on an acquisition investment than just doing the deal. An acquisition needs to fit into a long term strategy of the company and must be evaluated thoroughly to ensure that the company has the capability and capacity to exploit its potential.
At the heart of the evaluation is the problem of cultural fit. Successful acquirers know that the existing culture of the newly acquired business is the best predictor of ultimate successful integration and thus develop intervention and integration processes to ensure they capture the benefits of the acquisition without losing the acquired staff. The risks inherent in any acquisition are substantially reduced by proper post-acquisition planning and project management processes and by having the right people to manage the acquired business.
This book sets out to show entrepreneurs how they can successfully manage the post-acquisition issues:
• Common reasons for post-acquisition failure and how to avoid them
• Cultural fit and how to assess and manage it
• How intervention and integration should be managed
• Guidelines for managing autonomous acquisitions
The book has been structured into seven chapters:
CHAPTER ONE - Introduction
CHAPTER TWO - Failures From Pro-Acquisition Processes
CHAPTER THREE - Cultural Fit
CHAPTER FOUR - Managing Intervention and Integration
CHAPTER FIVE - Identifying Differences in Ethical Values
CHAPTER SIX - Managing A Subsidiary
CHAPTER SEVEN - Conclusion – Meeting the Challenge
Dr. McKaskill has extensive practical experience as an entrepreneur and uses this hands-on knowledge to ensure that his books are directed towards the practicing entrepreneur with highly pragmatic advice. Because of his extensive academic qualifications, he is able to relate theory to practice in a manner which brings insights into everyday problems faced by entrepreneurs.
Dr. Tom McKaskill:
Global serial entrepreneur, educator, author and angel investor, Dr McKaskill is an authority on how entrepreneurs’ start, develop and harvest their ventures. He is the world’s expert on exit strategies for high growth enterprises. His experience includes multiple start-ups in the UK and USA, raising venture capital twice, undertaking two acquisitions and strategic trade sales of three businesses.
Dr. McKaskill has qualifications in Economics, Accounting, Marketing and Manufacturing. Recently retired from the Richard Pratt Chair in Entrepreneurship at the Australian Graduate School of Entrepreneurship, Dr. McKaskill is the author of 14 books covering such topics as new venture growth, raising venture capital, selling a business, acquisitions strategy and angel investing.