Thursday, January 30, 2020
Catholic Church and Ultimaââ¬â¢s mystical folklore Essay Example for Free
Catholic Church and Ultimaââ¬â¢s mystical folklore Essay The novel ââ¬Å"Bless Me, Ultimaâ⬠by Rudolfo Anaya is pastoral, apocalyptic and, at the same time, tragic story revealing the complex nature of human relations and ambiguity of the world. The novel teaches readers not to interfere with the destiny of any person not to change the cosmic order. However, Ultima dares to influence the destiny and her death at the end of the novel is symbolical representation that every person should be responsible for his own actions. The author describes relations between an old healer Ultima and a young boy Antonio who is seeking for truth. The novel can be defined as apocalyptic as the author illustrates that biculturalism leads to inevitable conflict between cultures and religions. I think that the novel belongs to Chicano literature being rather popular in 1965-1975s. However, it can be seen as cultural novel which tends to explore self-development, personality and ethnic identity in the world filled with race and ethnic discrimination. The novel is rich narrative weaving many themes and sub-themes together allowing readers for different interpretations. Therefore, the objectives of the paper are to analyze authorââ¬â¢s writing style, relations between Antonio and Ultima, to identify main themes and symbols, and to discuss the question of autobiography. ââ¬Å"Bless Me, Ultimaâ⬠: Analysis I think that the novel ââ¬Å"Bless Me, Ultimaâ⬠can be analyzed from different perspectives and from many angles. The novel is a rich literary work dealing with social changes, cognitive and psychological development of main heroes, religious issues, etc. Moreover, the novel weaves cultural conflicts and formation of ethnic identity into believable and coherent story illustrating the smoothes and roughs of Antonioââ¬â¢s life ââ¬â the main hero. On the one hand, the novel can be seen as romance novel as it discusses societal period through myth creation. On the other hand, the novel can be seen as cultural novel as it describes historical conflict between villages and opposes race discrimination in the United States. Furthermore, the novel can be defined as Chicano literature as it promotes apocalyptic ideas and moods. The novel presents fertile background for analysis as the author uses rich themes and symbols to show the life pass of a young extraordinary boy. Writing Style The author incorporates powerful and vivid images to present the multiplicity and ambiguity of responses. In other words, Anaya uses prophetic dreams, episodes of horseplay among children, idyllic scenes presenting harmony and natural balance, mystical dynamism, scenes of violence and death as imagery to create strong impression and to make people think whether the world we see is real one and what the destiny of the person is. However, the novel tends to reveal whether it is permissible to change human destiny. Anaya uses strong imagery to show that characters and nature are strongly tied together creating so-called natural continuum. Anaya refers to technique of oppression when writing the novel in order to create multi-level conflict. For example, Antonioââ¬â¢s parents have opposing backgrounds, views and aspirations. Further, religious are opposed in their beliefs, values and demands on the individual. Cosmic forced are apposed as they symbolize eternal struggle between the good and the evil. Finally, the author juxtaposes forms of nature saying they can choose whether to make soil dry or fertile. The novel is based on conflicts ââ¬â social, psychological, physical and cultural. Antonioââ¬â¢s life is also a conflict. The novel is also based on tripartites. It means that all evens and things are occurring in so-called ââ¬Ëthreesââ¬â¢. For example, there are three cultures in the novel, three Trementina sisters, three brothers, three Comanche spirits, three prophetic dreams, three Ultimaââ¬â¢s efforts to identify her ethnicity, and three Ultimaââ¬â¢s interference in the life of other people. Numerology is central in structure of the plot. Issue of Autobiography I think that ââ¬Å"bless Me, Ultimaâ⬠can be defined as quasi-autobiographical novel as the narrator refers to ââ¬ËIââ¬â¢ style showing that the novel is generated from personal experience or experience of the younger ââ¬ËIââ¬â¢. The novel is told by mature Antonio who shares experiences of being a young boy. Moreover, the experiences are transmitted in childish manner and it may seem that the story is told by a six-year-old boy. One more interesting fact is that the author says that he had to refer to his personal experiences and experiences of other children to construct the story. Despite the fact that the novel is quasi-biographical, the readers arenââ¬â¢t allowed to distinguish the real and imagined events as the author represents everything as fiction. I think that the author does base the story on rich expository of personal experiences, but he skillfully hides this fact. Relations between Antonio and Ultima Antonio is the main hero in the novel who decided to reconcile his conflicting religious and cultural identity. Antonio is only six years old, but he is extraordinary child with questioning mind, appreciation of life, and moral curiosity. Antonio is more serious than other children of his age, he is more sensitive to ambiguity of the world and conflicting cultural traditions. Anaya shows that Antonio is troubled about his uncertain destiny and he is willing to understand the world. After the death of one of the townââ¬â¢s residents Antonio seems to plunge into crisis of the faith and for the first time he doubts validity of the Catholic faith. Therefore, desire to reveal the truth can be defined as one of the strongest components of his character as his desire leads to interest in sin, death, innocence, and the nature of God. Antonio is developing to maturity throughout the novel progression and it is Ultima who teaches how to remain morally independent, to receive knowledge from all available traditions and to refrain from prejudices and limitations. Ultima leads Antonio to his physical and psychological maturity. Ultima helps him to resolve many conflicts and to determine his future. Old healer Ultima represents the moral system which Anaya supports. Relationships between Antonio and Ultima are the most important bond in the novel. Ultima is Antonioââ¬â¢s mentor helping him to overcome difficulties and to cope with anxieties and uncertainties. Relations between main characters can be defined even as spiritual. Ultima presents herself as the keeper of Antonioââ¬â¢s destiny and starts playing central role in his life and psyche. She uses her power of influencing to make Antonio think of himself and create his own sense of morality. Ultima incorporates knowledge of both Catholic and indigenous traditions. She thinks that spirituality and life are tied. Nevertheless, we see that Catholic Church rejects her mystical power, and Ultima respects its wisdom attending mass regularly. Ultima teaches to appreciate equally multiple faith and perspectives as each person is entailed with rights to make independent moral decisions. Ultima instills tolerance, open-mindedness and independence in Antonioââ¬â¢s faith. Ultima treats Antonio with respect and understanding, despite he is a small child. At the end of the novel Antonio is treated as spiritual partner and Ultima asks to bury the owl which symbolizes her own death. Ultima dies, but her spirit continues to guide Antonio throughout his life. Main Themes Firstly, the author stresses the importance of moral independence as no one has the rights to interfere with the destiny of others. Anaya emphasizes rights to think independently and to make up moral decisions. In the novel Antonioââ¬â¢s progress is the sign of maturity and self-development. Antonio constantly struggles to make his own decisions and he realizes that complex experience of religion has forced to change his minds. Antonio is really frustrated when he realizes that the church has failed and pressing questions about human morality emerge in his head. We see that Ultima becomes his guide and teaches about morality and independence. Moreover, Ultima explains ambiguity of life stressing that life can be viewed simply in terms of culture and religion. Cultural and religious traditions are important, but they constrain human abilities to be morally independent. Antonio realizes that he should find answers about evil, good, soul, forgiveness and truth himself. Once Antonio has committed fatal mistake, when he believed that the Communion ritual was able to answer all questions. Instead, Ultima teaches Antonio to make decisions and choices himself. Secondly, the author identifies the influence of culture on identity. In the novel Anaya explores the conflict between cultural traditions which fail to co-exist as one culture tends to dominate others and vice verse. However, in the end we see that the author offers new solution ââ¬â he argues that several cultural traditions are able to create more adaptable identity. For example, Antonio manages to find answers as his life has been influenced by several constantly conflicting cultures. The first conflict was with his parents as Antonioââ¬â¢s mother wanted him to become a priest, whereas his fathers wanted Antonio to ride the llano. The problem was that parents had different cultural convictions. The next conflict is observed within Antonioââ¬â¢s native town where Spanish culture is struggling with other culture. The conflict is presented in tensions between the Catholic Church and Ultimaââ¬â¢s mystical folklore. I think that through such conflicts the author explores the influence of culture on identity formation. Anaya shows that many characters in the story are limited by cultural prejudices and they have failed to look beyond their horizon. For example, when people define Narciso as drunkard they didnââ¬â¢t consider his traumatic experiences in the war, although it is known that war may serious distort human psyche. Ultima teaches Antonio to become free from cultural and religious limitations. Instead, she tends to encourage Antonio to think of all cultural influences as it is the only way to become a descent person. Symbolism ââ¬Å"Bless Me, Ultimaâ⬠is highly symbolical novel. The author uses different colors, figures, numbers and objects to represent abstract ideas and concepts. In the novel the golden carp, Ultimaââ¬â¢s owl and the virgin of Guadalupe are provided with symbolic meanings. As for mea, the golden carp is symbolical representation of magical religious order which is hardly associated with Catholicism. The legend about golden carp offers main characters and readers moral guidance, brand of wisdom and comfort. Golden carp supports authorââ¬â¢s idea that cultural traditions are different, but they are equally valid. Antonio firstly rejects the golden carp as he thinks that in such a way he abandons God. However, later he realizes that golden carp can help to weave cultural and religious sources together in creating his won identity. Then, Ultimaââ¬â¢s Owl represents religious mysticism and life force. One night the owl sings outside Antonioââ¬â¢s windows symbolizing Ultimaââ¬â¢s presence in boyââ¬â¢s life. Moreover, owl is the symbol of protective power of magic. In the end of the novel killing of the bird symbolically represents that Ultimaââ¬â¢s life force is destroyed and she will die soon. When Antonio buries the bird, he buries Ultima. Finally, the Virgin of Guadalupe represents symbolically understanding, forgiveness and solution of cultural conflict. The story of the Virgin is definitely reconciliation of Antonioââ¬â¢s indigenous culture and European Catholic Church. When Antonio is frustrated, he often turns to Virgin to find a forgiving god. Conclusion ââ¬Å"Bless Me, Ultimaâ⬠reveals the ambiguous nature of the world and human relations. The author shows that every person has to make independent choices and to appreciate different religious and cultural traditions as it is the only way to become a better person. Ultima teaches Antonio to create his own sense of morality and to remain independent person. Moreover, she teaches him to avoid prejudices and limitation. But the author shows that no one is allowed to interfere with the destiny of other people. Works Cited Anaya, Rudolfo. Bless Me, Ultima. New York: Grand Central Publishing, 1994.
Wednesday, January 22, 2020
I Am Norman Rockwell :: Art Theory Essays
I Am Norman Rockwell Two weeks ago my family and I walked the three miles from Michigan Avenue in Chicago up to the Historical Society to see the Norman Rockwell show. I've been thinking about it ever since: Although the week before had been unseasonably warm and the trees budding, this day was in the 20's and a cold wind was blowing straight from the north, the direction we were walking. My family walked north through the cleaned up Rush street where my wife had secretly gone during high school looking for a safe kind of danger. There were ghosts of buildings no longer there: Gino's Pizza, the Jazz Showcase, and more. Just down Wabash my father, more than 20 years ago had taken me to Jim Diamond's steakhouse and bought me my first glass of wine, lying about my age. It's gone too, like my father. I was overcome with the tyranny of signs, in particular, Peirce's triadic model of representamen, object, and interpretant. Seamus Heaney writes about the ghost of a tree cut down when he was a boy, and says that this space has come to represent his umphalous, his world center. The empty or replaced buildings were ghosts mostly not of the dead but of the living, of the living who had moved on and changed. But the signs, the private set of signs my wife and I knew were there. I used to think that Peirce was talking about the physical presence of a representamen, a stop sign in the most used example, or a stone wall, or a river. I know now that when Chandler in his explanation of Peirce says cryptically a representamen is the form the sign takes and is not necessarily material. What does this have to do with
Tuesday, January 14, 2020
Best Practices of Mergers and Acquisitions
Running head: BEST PRACTICES OF MERGERS AND ACQUISITIONS Mergers and Acquisitions: Best Practices for Success Abstract Mergers and acquisitions have become a growing trend for companies to inorganically grow a business within its particular industry. There are many goals that companies may be looking to achieve by doing this, but the main reason is to guarantee long-term and profitable growth for their business. Companies have to keep up with a rapidly increasing global market and increased competition. With the struggle for competitive advantage becoming stronger and stronger, it is almost essential to achieve these mergers. Through research I will attempt to dissect the best practices for achieving merger success. Mergers and Acquisitions: Best Practices for Success When companies are acquired or merged, people almost immediately start to focus on the differences in the companies. They also begin to pay attention to who are the winners and who are the losers. It is typical in an acquisition for the acquiring company to see itself as the winner, and the acquired company as the loser. The controlling company wants to impose changes and view those in the acquired company as highly resistant to change. It is clear that most mergers and acquisitions are primarily based on strategic, financial, or other objectives. However, ignoring a potential mismatch of people and cultures can lead to strategic and financial failure. In most mergers, serious consideration should be given to cultural and leadership style differences. The success of a merger or acquisition can be defined as the creation of synergy. But every merger and acquisition is a unique event, occurring in a unique environment that is subject to various influences. Analyzing a merger should begin by understanding the culture and core values of the business that is being acquired. Ashkenas, DeMonaco, and Francis (1998) observed that ââ¬Å". . . it is increasingly important that executives learn how to manage the integration of acquisitions as a replicable process and not as a one time only eventâ⬠(p. 166). DiGeorgio (2002) has researched this topic extensively through the mergers and acquisitions of Cisco and GE Capital. Cisco approaches mergers by ââ¬Å". . . (a) doing [its] homework to select the right companies and (b) applying an effective reliable integration process once the deal is struckâ⬠(DiGeorgio, 2002, p. 138). Cisco has in the past turned down deals with companies which did not fit within its strategy. Cisco looks at deals from the following perspective (DiGeorgio, 2002): 1. Are our visions basically the same? 2. Can we produce quick wins for shareholders? 3. Can we produce long-term wins for all four constituencies ââ¬â shareholders, customers, employees, and partners? 4. Is the chemistry right? 5. For large M&A, is there geographic proximity? (p. 138) GE Capital, on the other hand takes a more process-based approach to handling mergers. Since GE has performed plenty of mergers and it learns and grows from each one. The crux of its process is ââ¬Å"[g]etting the right integration leader [which] constitutes 95 per cent of the success of an integrationâ⬠(DiGeorgio, 2003, p. 139). This study highlights the importance of being proactive in pre-merger planning and offers advice to help ensure that the merger process will be a success. Within this paper, I plan to discuss the best practices companies can use to ensure a successful merger. These practices include timely merger planning, choosing the right leadership, focusing on corporate culture, communicating effectively, and engaging the staff, human resources, and middle management. Timely Merger Planning There is a lot of time and effort spent on finding good merger candidates and courting them only to fall through on the follow-up integration activities. As soon as serious discussions begin with a potential merger candidate, the integration planning efforts should begin. It is essential that acquisitions be assimilated into the parent as quickly and as smoothly as possible to minimize any losses in productivity and maximize opportunities between the two organizations. ââ¬Å"There is good agreement that the first 100 days after a merger change set the tone, signal the troops about the real direction of the organization and its vitalityâ⬠(DiGeorgio, 2003,p. 266) A slow integration process can actually worsen problems. Merger integration should not be treated as an after-thought. It is something that needs to be addressed uring the merger search and negotiations phase while there is time to minimize any negative impacts. Choosing the Right Leadership Choosing the right leadership, not only for the merger integrations, but also for the new combined company is important in terms of vision, mission, culture, and expectations. A leader should focus on the larger design of the new corporation. A leader has to resist the temptation to take the easy way out. It is not pleasant to deliver bad news or to be a naysayer, but it is necessary at times. It is also important for a leader to promote and ensure good morale. This starts with treating people with respect and listening to their opinions, rather than telling them what to do. ââ¬Å"Leaders set the tone for the culture and for how relationships are going to unfold in the combined organizationâ⬠(DiGeorgio, 2003, p. 260). Effective working relationships and increased trust developed among the senior executives will carry throughout the organization as a model of how the newly integrated organization will work. Senior executives need to establish the cultural rules of engagement in the new entity quickly and effectively. Company leaders should strive to provide as much transparency as possible to decision making and address employee concerns such as changes to roles and responsibilities, compensation and employee benefits as promptly and practical as can be performed. ââ¬Å"Integration management is a full-time job and needs to be recognized as a distinct business function. . . â⬠(Ashkenas et al. , 1998, p. 169). The role of the transition merger leader cannot be taken lightly. This person must make critical personnel, process, and structural decisions quickly. This role requires the mental tenacity to endure long meetings, tough questions, and low morale. The G. E. Pathfinder model as presented by Stopper (1999) suggests that it find an integration leader to direct these merger activities and get the necessary results done to have a successful integration. Stopper (1999) also suggests a few other skills and qualifications necessary to look for in this person which include experience in project planning and management, communication planning and implementation, expertise specific to acquisitions, and corporate culture familiarity. Research by Ashkenas (1998), on the other hand, believes a merger leader should have ability to facilitate integration activities, to help the acquired business understand processes of the new company, and to help his or her company understand the business that is being acquired. Leadership also needs to be held accountable for the success of the merger (DiGeorgio, 2002). The leader should have a sense of purpose and responsibility not only for his or her job but also for the company as well as the employees who work there. When leaders donââ¬â¢t exhibit this accountability, they can take a nonchalant attitude which can hinder any progress which has been made. Ensuring the appropriate leadership is in place from the start will present a successful blueprint for the outcome of the merger or acquisition. Focusing on Corporate Culture When companies merge there can be a clash of cultures, conflicting beliefs, and different norms. Organizational culture is important because it has been shown to have a significant impact on organizational performance. Cultures that support the missions, goals, and strategies of an organization provide a means for dealing with change and conflicts when they arise. ââ¬Å"Cultural integration is ignored in the majority of business combinationsâ⬠(Pekala, 2001, p. 32). Research has shown that because of cultural aspects, mergers often encounter difficulties in achieving the goals of the merger. While due diligence is performed on all of the financial aspects of a merger, one major reason that so many mergers fail is a lack of ââ¬Å"cultural fitâ⬠(DiGeorgio, 2003, p. 259). Understanding how things are seen in the other cultures, learning mutual respect, and being open to exploring different points of view are the keys to the people factor in any merger or acquisition. ââ¬Å"A sound M&A integration strategic plan is as cultural as it is structural and entails both the welding of hard assets and a delicate/neurosurgery of mindsâ⬠(Brahy, 2006, p. 54). Corporate culture tends to be viewed as a company having casual Fridays or working alternate work schedules. However, it runs deeper than the external characteristics. Pekala (2001) suggests that ââ¬Å"merger partners need to zero in on the basic ways that decisions get made in their companies and how different approaches can be combined in harmonyâ⬠(p. 32). The organizationââ¬â¢s culture is simply how things are done in the organization. It could be as simple as putting the customer first or driving for excellence in safety. The challenges encountered when merging two different cultures are that either one or the other (or both) needs to change. The issue, then, becomes not just culture awareness, but culture ââ¬Å"change managementâ⬠(LaMarsh, 2006, p. 9) during the integration period. Building a new culture that combines the best of both previous cultures makes the new organization better, stronger, and more competitive than either of the organizations can be on its own. One way to build a new culture is by having representatives from both companies or organizations list the principles that currently guide its behavior and attitu des. Once this has been captured, both groups can then combine their efforts into a discussion of what type of cultural behavior is necessary to ensure that the best of both worlds is fairly represented. Brahy (2006) even suggest the acquiring company learn another language to help the merging companies feel more at ease and are accepting of their individual culture and traditions. Top management, however, must support this new combined culture. Management cannot force people to work together to build a new culture. As DiGeorgio (2003) notes ââ¬Å"leaders set the tone for the culture and for how relationships are going to unfold in the combined organizationâ⬠(p. 260). Control over the new corporate culture is critical to the success of a merger. Achieving cultural synergy is possible, but it takes work and effort especially on the side of leadership. Communicating Effectively Communication plays a very critical role at the time of a merger. Communicating with the employees is very important as they should not feel that they have been kept in the dark. It should be remembered that they are the most important assets of an organization and also major stakeholders. Most people understand that mergers and acquisitions take place for business reasons. But it is important to communicate the specific reasons and benefits of the merger. People may not like it, but if they see that it has a legitimate purpose, and the benefits are clear, then there is less resentment and employees are more likely to accept it. Mergers and acquisitions breed uncertainty, ambiguity, and fear among employees. Rumors often begin in organizations before the announcement of any impending merger is formally announced. ââ¬Å". . . Trying to hide bad news such as layoffs by not revealing further details . . can damage morale and lead to turnoverâ⬠(Messmer, 2006, p. 15). A good communication plan can help avoid complications by ensuring that employees understand the reasons for the deal, the objectives the organization is trying to achieve, and the potential benefits for everyone involved. In mergers and acquisitions, employees typically want answers to the following basic questions: â⬠¢Will I have a job in the new organization? â⬠¢Will my pay, b enefits and work locations change? â⬠¢Will this merger be good for my career? These and other questions must be addressed soon after an announcement is made since productivity can suffer the longer employees have uncertainty. Straightforward, concise, and timely communication assists in building employee commitment and focuses employees on the day-to-day operations of the organization. ââ¬Å". . . Communication minimizes the negative reactions of the acquired employeesâ⬠(Brahma, 2007, p. 8). The faster employees feel connected to the new organization, the faster they will begin working toward the business objectives and understand what is expected of them. Research shows that organizations using effective communication strategies achieve the best results in productivity and shareholder returns. A good communication strategy is critical to a successful merger or acquisition. A successful plan cannot be reactive but proactive and it has to be included as part of the original merger plans. Nikandrou, Papaleaxandris, and Bourantas (2000) assert that ââ¬Å"frequent communication does not imply that management should communicate every little detail of the process . . . t rather means that management communicates its concerns about employees . . . â⬠(p. 336). An effective communication plan must take into account many elements such as the unique needs of various stakeholders, such as managers, employees, investors, customers, suppliers, and surrounding communities, need to be identified and addressed. Successful mergers only happen when upper managers make themselves visible and accessible to all employees affected by the merger. All e mployees need to experience the buy-in and support of their leaders for the merger or acquisition. Leaders need to be prepared to communicate the answers they do have and be open to stating what answers they do not have yet (Terranova, 2006). For leaders and managers to maintain credibility and trust with employees, they must be open and honest in dealing with these problems rather than choosing not to communicate at all. Engaging Staff and Middle Management People issues are often the most sensitive but also overlooked aspects of mergers and acquisitions. Organizations fail to realize that people have the capability to make or break the deal. It is important for organizations to address the viability of the integration on the human resources front. There are key resources within the organization that can help in handling people issues namely the employees, human resources, and middle management. Frequently there are a lot of people who get overlooked in the acquisition process; specifically lower-level employees who may be able to offer valuable input. They are the people who produce the profits, represent the company, and, ultimately, are the ones that will make the combined company succeed. Proactively engaging the employees can cultivate change agents for the acquisition making the entire process more desirable for all parties involved. ââ¬Å"Managing change is a systematic process that requires moving through a series of action steps to predict and address the risk caused by potential resistanceâ⬠(LaMarsh, 2006, p. 59). The best way for leadership to actively involve employees is to engage in active feedback sessions. This could involve setting up meetings with key people from various groups in the organizations and soliciting feedback from them (Messmer, 2006). Another suggestion could be to set up a website answer board where employees can ask the integration team or top management questions anonymously and view answers to other questions that have been proposed. Retaining and motivating employees is a major challenge for the human resource department of organizations. Actively engaging human resources early in the process can ensure merger success. Human resource leaders can play a key role in helping senior management identify, involve, and assess the key executives and other critical talent who will be vital for the success of the new business. Human resources can help facilitate employee question and answer meetings and are the most knowledgeable about current policies and procedures. Human resource skills are essential for the facilitation and negotiation processes regarding combining pay and benefits. Human Resource skills are also needed for supporting, counseling, and coaching line managers, who have to supervise their functions during very difficult times. Middle management also plays an important role in ensuring the success of a merger or acquisition. Communications with the middle managers will help to not only alm their fears and concerns but also help them understand what is in store for them. If middle managers are not kept in the information loop, it can lead to false information getting out that could damage morale as well as increase turnover. They need to fully understand the benefits not only to the organization but also to them as individuals. Once concerns have been dealt with, middle managers should be h eld accountable for implementation of the change. Without this accountability, they ultimately will not have a desire to change their behavior. Middle managers should become a positive part of the change process and they should not feel as if it is another program or process that is being forced upon them. Middle managers are the leaders that lower-level employees will look to for timely, accurate information. If approval of the merger is given at this level, then those under them will more than likely not give their approval either. Conclusion Several important lessons have been learned from the merger research conducted throughout this paper. When a merging with another company, managers should be focused on uniting the two companies as quickly as possible. Management should also be aware of the importance of starting the integration planning as soon as a definitive merger candidate is determined. Another important aspect of the merger process is a commitment to change on the part of leadership. Management needs to assign appropriate leadership resources to complete the transition successfully. Communication is also very critical even when there is nothing new to say. It is impossible to over-communicate throughout the merger process. Employees have an almost insatiable desire for information, and misinterpretation of silence and rumors are very common. Mergers are seen as a way to solve problems but it also creates a new set of problems as well as opportunities. Success in mergers and acquisitions rests not only on good strategic and financial planning, but also in the analysis of people issues. Making mergers work successfully is a complicated process which involves not only combining two organizations together but also integrating the people of two organizations with different cultures, attitudes, and mindsets. To ensure success in mergers and acquisitions there needs to be timely merger planning, the right leadership, cultural integration, effective communication, and the involvement of staff and middle management. References Ashkenas, R. , DeMonaco, L. , & Francis, S. (1998). Making the Deal Real: How GE Capital Integrates Acquisitions. Harvard Business Review, 76(1), 165-178. Badrtalei, J. , & Bates, D. (2007). Effect of Organizational Cultures on Mergers and Acquisitions: The Case of Daimler Chrysler. International Journal of Management, 24(2), 303-317. Brahma, S. , & Srivastava, K. (2007). Communication, Executive Retention, and Employee Stress as Predictors of Acquisition Performance: An Empirical Evidence. ICFAI Journal of Mergers & Acquisitions, 4(4), 7-26. Brahy, S. (2006). Six solution pillars for successful cultural integration of international M&As. Journal of Organizational Excellence, 25(4), 53-63. DiGeorgio, R. (2002). Making mergers and acquisitions work: What we know and don't know ââ¬â Part I. Journal of Change Management, 3(2), 134. DiGeorgio, R. (2003). Making mergers and acquisitions ork: What we know and don't knowââ¬âPart II. Journal of Change Management, 3(3), 259. LaMarsh, J. (2006). What mergers miss. Journal of Corporate Accounting & Finance (Wiley), 17(2), 59-62. Messmer, M. (2006). Leadership Strategies During Mergers and Acquisitions. Strategic Finance, 87(7), 15-16. Pekala, N. (2001). Merger They Wrote: Avoiding a Corporate Culture Collision. Journal of Property Management, 66(3), 32. Stopper, W. ( 1999, July). Mergers and Acquisitions: Fulfilling the Promise. Human Resource Planning, 22(3), 6-7.
Monday, January 6, 2020
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