The Synergy Solution - read free eBook in online reader or directly download on the web page. Select files or add your book in reader. Download and read online ebook The Synergy Solution write by Mark Sirower. This book was released on 2022-03-15. The Synergy Solution available in PDF, EPUB and Kindle. The new M&A bible. Few actions can change the value of a company—and its competitive future—as quickly and dramatically as an acquisition. Yet most companies fail to create shareholder value from these deals, and in many cases they destroy it. It doesn't have to be this way. In The Synergy Solution, Deloitte's Mark Sirower and Jeff Weirens show acquirers how to develop and execute an M&A strategy—end to end—that not only avoids the pitfalls that so many companies fall into but also creates real, long-term shareholder value. This strategy includes how to: Become a prepared "always on" acquirer Test the investment thesis and DCF valuation of a deal Plan for a successful Announcement Day, and properly communicate synergy promises to investors and other stakeholders Realize those promised synergies through integration planning and post-close execution Manage change and build a new, combined organization Sirower and Weirens provide invaluable background to those considering M&A, laying out the issues they have to consider, how to analyze them, and how to plan and execute the deal effectively. They also show those who have already started the process of M&A how to maximize their chances of success. There's an art and a science to getting mergers and acquisitions right, and this powerful book provides the insights and strategies acquirers need to find success at every stage of an often complex and perilous process.
The Synergy Trap
The Synergy Trap - read free eBook in online reader or directly download on the web page. Select files or add your book in reader. Download and read online ebook The Synergy Trap write by Mark L. Sirower. This book was released on 2010-05-11. The Synergy Trap available in PDF, EPUB and Kindle. With acquisition activity running into the trillions of dollars, it continues to be a favorite for corporate growth strategy, but creating shareholder value remains the most elusive outcome of these corporate strategies—after decades of research and billions of dollars paid in advisory fees, why do these major decisions continue to destroy value? Building on his groundbreaking research first cited in Business Week, Mark L. Sirower explains how companies often pay too much—and predictably never realize the promises of increased performance and competitiveness—in their quest to acquire other companies. Armed with extensive evidence, Sirower destroys the popular notion that the acquisition premium represents potential value. He provides the first formal and functional definition for synergy -- the specific increases in performance beyond those already expected for companies to achieve independently. Sirower's refreshing nuts-and-bolts analysis of the fundamentals behind acquisition performance cuts sharply through the existing folklore surrounding failed acquisitions, such as lack of "strategic fit" or corporate culture problems, and gives managers the tools to avoid predictable losses in acquisition decisions. Using several detailed examples of recent major acquisitions and through his masterful integration and extension of techniques from finance and business strategy, Sirower reveals: -The unique business gamble that acquisitions represent -The managerial challenges already embedded in current stock prices -The competitive conditions that must be met and the organizational cornerstones that must be in place for any possibility of synergy -The precise Required Performance Improvements (RPIs) implicitly embedded in acquisition premiums and the reasons why these RPIs normally dwarf realistic performance gains -The seductiveness and danger of sophisticated valuation models so often used by advisers The Synergy Trap is the first exposé of its kind to prove that the tendency of managers to succumb to the "up the ante" philosophy in acquisitions often leads to disastrous ends for their shareholders. Sirower shows that companies must meticulously plan—and account for huge uncertainties—before deciding to enter the acquisition game. To date, Sirower's work is the most comprehensive and rigorous, yet practical, analysis of the drivers of acquisition performance. This definitive book will become required reading for managers, corporate directors, consultants, investors, bankers, and academics involved in the mergers and acquisitions arena.
M&A Integration
M&A Integration - read free eBook in online reader or directly download on the web page. Select files or add your book in reader. Download and read online ebook M&A Integration write by Danny A. Davis. This book was released on 2012-09-14. M&A Integration available in PDF, EPUB and Kindle. Most firms of a certain size will turn to Mergers & Acquisitions in their search for growth, forcing almost all managers to face up to the challenge of integration at some point in their career. For many managers it is often their first and only time, and M&A integration is high on the list of things that many managers need to learn more about. According to many studies, 50 to 75% M&A transactions fail to deliver their expected value. One of the main reasons for failure is late or wrong integration, or bad integration management. There is a significant demand for more information on best practice in Post-Merger Integration. This book intends to equip those managers for the task... Danny A. Davis demonstrates how to handle the post-merger integration process and show how to restructure, consolidate, reduce costs, create efficiencies and perform M&A, from smaller transactions to mega-mergers. The focus is on integration planning and delivery. The book combines a general/strategic view with detailed information on how to actually conduct M&A Integration via very practical tools and check lists that will prove essential during pre-deal M&A integration planning and Post deal delivery, as well as to ensure their success.
Mergers, Acquisitions, and Corporate Restructurings
Mergers, Acquisitions, and Corporate Restructurings - read free eBook in online reader or directly download on the web page. Select files or add your book in reader. Download and read online ebook Mergers, Acquisitions, and Corporate Restructurings write by Patrick A. Gaughan. This book was released on 2017-11-27. Mergers, Acquisitions, and Corporate Restructurings available in PDF, EPUB and Kindle. The essential M&A primer, updated with the latest research and statistics Mergers, Acquisitions, and Corporate Restructurings provides a comprehensive look at the field's growth and development, and places M&As in realistic context amidst changing trends, legislation, and global perspectives. All-inclusive coverage merges expert discussion with extensive graphs, research, and case studies to show how M&As can be used successfully, how each form works, and how they are governed by the laws of major countries. Strategies and motives are carefully analyzed alongside legalities each step of the way, and specific techniques are dissected to provide deep insight into real-world operations. This new seventh edition has been revised to improve clarity and approachability, and features the latest research and data to provide the most accurate assessment of the current M&A landscape. Ancillary materials include PowerPoint slides, a sample syllabus, and a test bank to facilitate training and streamline comprehension. As the global economy slows, merger and acquisition activity is expected to increase. This book provides an M&A primer for business executives and financial managers seeking a deeper understanding of how corporate restructuring can work for their companies. Understand the many forms of M&As, and the laws that govern them Learn the offensive and defensive techniques used during hostile acquisitions Delve into the strategies and motives that inspire M&As Access the latest data, research, and case studies on private equity, ethics, corporate governance, and more From large megadeals to various forms of downsizing, a full range of restructuring practices are currently being used to revitalize and supercharge companies around the world. Mergers, Acquisitions, and Corporate Restructurings is an essential resource for executives needing to quickly get up to date to plan their own company's next moves.
Synergy and Synthesis for Teaching in the 21st Century
Synergy and Synthesis for Teaching in the 21st Century - read free eBook in online reader or directly download on the web page. Select files or add your book in reader. Download and read online ebook Synergy and Synthesis for Teaching in the 21st Century write by Joan Della Valle. This book was released on 2015-12-15. Synergy and Synthesis for Teaching in the 21st Century available in PDF, EPUB and Kindle. With so many excellent theories and tools available to educators, why is teaching so challenging in the twenty-first century? The simple reason, according to authors Sherrye Dotson and Joan DellaValle, is that teachers just don't know how or when to use them to create relevant and engaging lessons for today's students. Synergy and Synthesis for Teaching in the 21st Century has the solution. It empowers teachers by showing them how to integrate the most effective new methodologies into their curricula-without abandoning the tried-and-true strategies that work for them. Starting with a high-level overview of P21, designed by the Partnership for 21st Century Learning, this handbook guides you through the Core 21 planning model, weaving together the common threads between problem-based/project-based learning and brain research that supports the many models of learning created by the educational experts. It provides students the opportunity to solve problems, connect learning to life experiences, and exhibit the skills necessary to thrive in a global society. And, it can be tailored to your teaching style and needs. Inspired by the work of many educational researchers, Core 21 gives you a flexible framework for creating synergy in the classroom.
