The vast majority of mergers and acquisitions don’t work out well. Jon Ouellette, a lifelong entrepreneur and our guest on today’s show; has insights as to why this is the case. He also explains what CEOs need to be aware of in combining companies through M&A. He should know as he combined 35 companies into one before being successfully sold to an international buyer.
It all comes down to people. Human performance is what creates value; and if the people who work for you aren’t aligned with your vision for the company, there is a high chance that your company is going to fail. Jon explains the essential elements which can transform a company culture, and how this translates into measurable results. Often, as in this case, the simplest strategies are the most effective; every company Jon and his team have worked with has seen massive improvements through working with them. The first step: Just listen!