This webinar was presented by Lorraine Wrafter. Well-capitalised companies now have the opportunity to make acquisitions, consolidate power and yet history will repeat itself – M&As often destroy value. Why? Because the focus will be on financial statements, structure, synergies, and high-level “culture” rather than preventing confusion, conflicts, and distrust during integration. Why does this keep happening?
The lessons Lorraine has learned in M&A can help board members to guide CEOs and due diligence teams on what to look out for in organisational culture and integration plans.
Lorraine Wrafter is a global human resource director who has worked in large multinational organisations, including Cargill Inc., one the largest privately-owned companies in the world with a turnover of $120 bn, 140,000 employees in 65 countries, Holcim (now LafargeHolcim), a Swiss building materials company with a turnover of 30 bn CHF, and 90,000 employees in 50 countries.
She has held a broad range of global human resource roles, including director of human resources for the first global acquisition in Cargill; communications & change director for the reorganisation of multi-business units; internal consultant working across 88 diverse business units from agriculture to financial markets, and talent & leadership development in the food and building materials sector.
Find out more in this webinar video about mergers and acquisitions: why culture keeps destroying value.