1、3200 英文单词， 17000 英文字符，中文 5300 字 文献出处： Kansal S, Chandani A. Effective Management of Change During Merger and Acquisition J. Procedia Economics & Finance, 2014, 11(14):208-217. Effective Management of Change During Merger And Acquisition Sugandh Kansal, Arti Chandani Abstract The on-going dance of me
2、rger and acquisition happening every week is hard to miss. But it has been found that most mergers and acquisition fail because of poor handling of change management. Change is the only thing that will never change so lets learn to adopt by change management. This paper will analyse all the factors
3、that lead to change. The major reasons that lead to change are system dynamics, structure-focused changed, person-focused change, and profitability issues. The resistance to change can be attributed to the lack of communication, no clear vision, no proper reward system, confusion and frustration, fo
4、rce of habit, fear of unknown, fear of insecurity, loss of competency and lack of support. It presents different model that can be used for change management and different theories that can be used to handle change during M&A. It also highlights the strategies this can be followed by the leaders of
5、the organization: Integration plan, Employee Involvement, Clear Vision, Customer Focus, HR structuring and Downsizing. The factors discussed are based on the empirical findings, case study and earlier papers. To, support that the change can be managed effectively and efficiently, the paper shows as
6、to how change was managed in the merger of ICICI bank and Bank of Madura. Keywords: Acquisitions and Mergers, Change Management, Communication 1. Introduction In mergers, two or more companies engage in some negotiation which ultimately leads to transaction. Acquisition also involves two or more companies but in acquisition the bigger company swallows the smaller company. So merger and acquisition is the process of integrating two or more companies with different values, cultures and forces
