HBR Article on Acquisition and Integration
September 12th, 2007 by Jacob UkelsonHaven’t posted lately. Not sure why (the kid’s summer vacation didn’t help much), but just couldn’t find the time. I read a good article on Acquisition and Integration in the September edition of Harvard Business Review (Rules to Acquire By - Bruce Nolop) which gives insight into how Pitney Bowes does acquisitions. I especially liked the differentiation between “bolt-on” and “platform” acquisitions.
However, even though all the points were right on, but I thought it was interesting that for the most part focused on things that need to get done before an acquisition takes place (probably makes sense given his CFO perspective). I would like to see a similar article on “post-acquisition” since I have found that even if an acquision is made for all the right reasons - unless great care is taken for the first 12-24 months of the acquision to the integration process - the acquision will fail to live up to its promise (or just fail…)