Eighty-three percent of mergers and acquisitions fail in less than three years. Alese Stroud, CEO of Corporate Insight Strategy, is helping merging businesses create and develop long-term plans that will result in success.
What sets CIS apart from anything out there is the structure they bring to the table. They analyze where companies are today, where they want to go and where their priorities lie. One of those priorities must be the company culture.
“Mergers tend to fail because the existing processes focus very much on financial due diligence and ignore cultural and operational due diligence,” Stroud said.