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Barnes and Noble

Why Business Marriages Fail: A Practical Guide to Merger and Acquisition Risks Caused by Cultural Differences

Current price: $19.95
Why Business Marriages Fail: A Practical Guide to Merger and Acquisition Risks Caused by Cultural Differences
Why Business Marriages Fail: A Practical Guide to Merger and Acquisition Risks Caused by Cultural Differences

Barnes and Noble

Why Business Marriages Fail: A Practical Guide to Merger and Acquisition Risks Caused by Cultural Differences

Current price: $19.95
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For the past 20 years, US businesses have lost an average of $11.3 billion a year to failed mergers and acquisitions. The failures cross market cycles, industries, and deal size. These "business marriages" are costly not only because they destroy value-they diminish market share, damage business relationships, and tarnish once-respected brands. The author interviewed 100 M&A experts in varying deal roles to determine the underlying causes for the persistently poor track record. The experts strongly agree that failure to assess the cultures of the prospective partners prior to deal close often results in unanticipated, post-deal "culture clashes" that disrupt the cohesiveness of the leadership team, destabilize the business operation, and derail execution of brilliant business strategies. Why Business Marriages Fail is a pragmatic, easy-to-read handbook warning that the risks created by cultural differences may be even greater than the financial risks inherent with M&A transactions. The book provides strong insight into why these risks are routinely overlooked or discounted and how quickly they can undermine financial performance. If you are contemplating a business marriage, the list of best practices presented will help you avoid becoming "hitched" to the wrong partner.

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Barnes & Noble does business -- big business -- by the book. As the #1 bookseller in the US, it operates about 720 Barnes & Noble superstores (selling books, music, movies, and gifts) throughout all 50 US states and Washington, DC. The stores are typically 10,000 to 60,000 sq. ft. and stock between 60,000 and 200,000 book titles. Many of its locations contain Starbucks cafes, as well as music departments that carry more than 30,000 titles.

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