We have never seen more rapidly changing business environments; most forecasts are indicating that the next few years will be even more challenging (or include much more opportunities depending on how you would like to look at it). Running an organisation today means that you need to act fast and adapt to the changing circumstances. Your organisation also needs to increase its capacity to meet the ever-changing market demands.
In today’s rapidly changing business environment there is a strong need for continuous development, which means acquiring new knowledge, skills and learning new effective behaviours and approaches. Some companies have centralised or local-level development plans for their people, increasingly there are committees who meet to discuss their employee abilities and the future need for development within the organisation. Are you one of those people who hope one day they will discover you?
It is often stated that most mergers and acquisitions fail to meet their overall business target. Due diligences are made and the organisations are turned upside down and inside out; firstly to ensure that all that needs to be known is known, and secondly that the organisations (to be merged or acquired) will be a complement to, or add value – with the target that 1 + 1 should at least = 3. So what is the problem, why is it that most mergers don’t succeed and meet their targets?