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With M & A issues, success is best assured by a manager who understands how to merge differing corporate cultures and make the most of synergy opportunities, among other skills. Qualities that a FaZiT manager has at his fingertips are excellent team-building and leadership skills coupled with a determined ability to assert themselves. Often, the existing managers' personal career objectives, lack of leadership abilities and experience or lack of time do not permit internal solutions when it comes to implementing hard-hitting cost-reduction measures or necessary staff redundancies resulting from a merger. Lack of confidence in the management of the target company often means that the external interim solution is the only option. Integrating two differing corporate cultures after an acquisition or merger is a possibility and is often a far easier task for an experienced interim manager. |