My company has recently been acquired. Historically, we have enjoyed a great culture, a profitable business, and high employee satisfaction ratings. I’m concerned that when we integrate into the new company, we’ll lose our “secret sauce”—our unique cultural differentiators that have helped us be successful. Do you have any advice for how to avoid this, or at least how to influence the parent company’s culture for the better?
In Fear of Losing a Good Thing
Dear In Fear,
An organization’s unique culture can be a powerful driver of success. At the same time, there are often elements of a culture that hold back the organization. This mix of challenges is especially apparent during mergers and acquisitions. The different cultures have different strengths and weaknesses, and you want to emerge with the best of both.