An announcement of a sale of a company and the firstmeeting with the new management is a scenario thathundreds of thousands of workers have encountered.Layoffs, pay reductions, new assignments, andadditional responsibilities are all possibilities inthe name of the strategic and financial objectivesof the merger. Traditional approaches to evaluatingmergers typically focus on internal and externalfinancial measures, the degree of integration andstrategic fit, the appropriateness of purchaseprices, and, most commonly, the ability of mergedorganizations to manage the "human element."However, as this book discusses, important factorsregarding the degree of financial performance oforganizations that engage in mergers includemanaging the relationship between merger survivors'perceptions of trust and hope in the organizationand their organizational commitment.
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Ozag David
David Ozag obtained an Ed.D in human and organizationaldevelopment from the George Washington University. Dr. Ozag is aCertified Public Accountant. Dr. Ozag is an assistant professorin the School of Management at Bucknell University. Dr. Ozag haswritten on a wide variety of business topics.