As published in Pharma's Almanac Q1 2017.
Catherine Hanley, Alcami Director of Marketing, discusses with Nigel Walker of That's Nice how to successfully integrate after a merger.
Why is cultural integration following a merger so important to the success of the newly formed entity?
The impact on employee morale and turnover can be painfully high during and after a merger, and repairing it can be nearly impossible. If cultural integration doesn't happen, companies see significant and costly consequences.