'Two tigers cannot live on one mountain' - a Chinese proverb, which means there can only be one winner in a battle.
A truce, the Chinese say, merely delays the inevitable and what I am thinking is...someone ultimately has to be put in charge.
Here are 10 truths about merger and acquisitions digged out from a book on surviving M&A...
won't be long till I can testify the truth behind them all!
- The truth of mergers: There are no mergers, only acquisitions
- The truth of addition: 2 companies combined will not equal to the sum of their individual businesses
- The truth of division: it's always Us vs. Them
- The truth of politics: Political alignments, rather than business strategies, will drive all decisions
- The truth of reconciliations: There are too many products, something has to go
- The truth of attrition: Rightsizing is the first victory of all mergers
- The truth of loyality: Old boys never die, they just network
- The truth of trust: The root of trust is us, and you are them
- The truth of fear: The primal instinct of fear will decide who will be ostracized
- The truth of denial: The right way is our way