M&A Research and Statistics For Acquired Organizations
Given that the cost of replacing an executive can run over 100% of his or her annual salary, any investment of time and energy in re-recruitment will likely pay for itself many times over if it helps a business retain just a handful of key players that would have otherwise left.
Organizations should move rapidly to re-recruit key managers. It’s much easier to succeed with a team of quality players that you select deliberately rather than try to win a game with those who randomly show up to play.
Read more about this topic: Mergers And Acquisitions
Famous quotes containing the words research, statistics and/or acquired:
“After all, the ultimate goal of all research is not objectivity, but truth.”
—Helene Deutsch (1884–1982)
“O for a man who is a man, and, as my neighbor says, has a bone in his back which you cannot pass your hand through! Our statistics are at fault: the population has been returned too large. How many men are there to a square thousand miles in this country? Hardly one.”
—Henry David Thoreau (1817–1862)
“Indeed, the best books have a use, like sticks and stones, which is above or beside their design, not anticipated in the preface, not concluded in the appendix. Even Virgil’s poetry serves a very different use to me today from what it did to his contemporaries. It has often an acquired and accidental value merely, proving that man is still man in the world.”
—Henry David Thoreau (1817–1862)