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Integration managers: special leaders for special times
Harvard Business Review
|February 24, 2001
Summary
Integration managers are crucial for successful company mergers. They streamline the acquisition process, foster connections, and drive short-term successes, acting as future leaders.
Area of Science:
- Business Management
- Organizational Behavior
- Mergers and Acquisitions
Background:
- Company acquisitions are complex processes lacking traditional ownership.
- A gap exists in managing the integration of acquired entities.
- The role of an integration manager has emerged to address this gap.
Purpose of the Study:
- To investigate the impact and role of integration managers in mergers.
- To identify key contributions of integration managers to the acquisition process.
- To define the necessary skills and future potential of integration managers.
Main Methods:
- In-depth interviews with integration managers and their colleagues.
- Case study analysis of five specific acquisitions (TI, General Cable, Meritor Automotive, Lucent, Johnson & Johnson).
Main Results:
- Integration managers accelerate mergers, provide structure, build social connections, and ensure short-term wins.
- Specific examples illustrate the varied contributions of integration managers across different companies.
- Essential skills include rapid adaptation, smooth communication across hierarchies, and bridging cultural divides.
Conclusions:
- Integration managers are vital for effective post-merger integration.
- The integration manager role serves as a model for future leadership in dynamic organizations.
- The skills required for integration management are increasingly relevant in the digital age.