Study after study of merged businesses reveals a dismal record of failure in achieving the projected benefits. A primary reason is the failure of the acquiring company to implement integration processes that can manage the clash of two competing cultures.
At a recent India CFO Forum session in Chennai, Sugata Sircar, Executive Director Finance & Group CFO, Azure Power decoded the elements of an effective post-acquisition integration process, some of the best practices to apply and pitfalls to avoid, using the real-life example of Schneider Electric’s acquisition of L&T’s E&A division. This podcast offers a brief summary of the session along with a fuller commentary on the subject