Tag Archives: leadership capabilities

My most read business posts in 2014

dscf1285.jpgOnce again the techies at WordPress provide me with an annual report with lots if statistics. They remind me I posted a measly 47 posts last year, and some of them I re-blogged – so thank you bloggers who allowed me to do that.

My blog is now read in 111 countries but primarily in the USA, the UK, and Spain. But thank you those readers from Papua New Guinea,  Uzbekistan, Iceland, Moldova, Qatar, Guernsey, Luxemburg, Afghanistan, Macao, Tanzania and Krygystan among others. Truly an international readership.

The top ten posts were:

1st : Stress back on the agenda? This was 4th last year and in the top spot in 2012

2nd: Teams and Diversity not so simple which was in 5th spot last year

3rd: Women are the winners at work which was in top spot last year

4th: Saying thank you makes good business sense a jump from 16th place last year

5th: Leadership & Influencing and even bigger jump from 21st spot last year

6th: No-one wants to be rated as average This was 3rd last year and in 2nd spot in both 2011 & 2012 – obviously I struck a chord with it.

7th: Erotic Capital – boobs, botox and making the most of yourself a slight drop from 6th spot last year

8th: Rude, arrogant and powerful up from 11th spot last year

9th: Leaders without any shame jointly with Leadership capabilities necessary for a successful merger

10th: Women in Leadership – too nice? Too bossy?

For the second year my most-read posts have been from earlier years with only those in bottom three places from 2014. This probably reflects the paucity of my output in 2014. So must try harder!

My most read posts in 2013

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Leadership capabilities necessary for a successful merger or acquisition

puzzle_people_working_together_1600_wht_6984Growing through mergers and acquisitions is a common strategy but the sad truth is that 40-80% of mergers fail to meet their objectives.

A study of 94 mergers by a Washington-based consultancy firm Potentious found that, using the Korn-Ferry 360 degree evaluations, the following leadership capabilities were the key to success.

In the acquiring company

  • Motivate others
  • Influence others
  • Build relationships
  • Develop others
  • Act with integrity
  • Show adaptability
  • Focus on customer needs

In the target company

  • Motivate others
  • Influence others
  • Build relationships
  • Provide direction

The findings are  based on a five year study using a range of financial indices as well as the 360 data.

Although there is an overlap in the capabilities for both organisations the study revealed that they were more important in achieving success at senior level in the acquiring company but at middle management level in the target company.

I wonder if this is because senior executives in the target company are more likely to be demoralised or worried about their future whereas middle managers might see it as an opportunity?

Cary Cooper and colleagues did some research in the UK into mergers and acquisitions back in the late 1980s and found that morale and productivity (what we would now call employee engagement) often took 12 – 18 months to recover.

Based on these findings the author of the study, J Keith Dunbar, proposes that :

  • assessing the collective leadership capabilities should be part of the due diligence carried out before any merger, and
  • that the middle managers at the target companies, who are crucial to success, should be offered contracts which will keep them there.

Source: HBR September 2014