16 PM NETWORK FEBRUARY 2016 WWW.PMI.ORG
MAKING CHANGE WORK
Mergers and acquisitions have reached an all-time high. But the success of the transformation
and change management initiatives that follow isn’t assured. By Alma Bahman
TWO SECTORS ARE MAJOR CONTRIBUTORS TO THE M&A BOOM:
2009 2011 2013 2008 2007 2010 2012 20142015*
*As of November 2015
*As of November 2015—more than the previous t wo years combined. *As of November 2015—more than the previous three years combined.
The portion of
failed projects for
which poor change
a primary cause of
The global value of mergers and acquisitions (M&A) in one year hit a new record in 2015, surpassing
the previous high reached just before the onset of the recession.
ROOM FOR IMPROVEMENT
More mergers and acquisitions means more
change programs to integrate teams, systems
and processes. But many organizations struggle
with change management initiatives.