Integrate Diverse Cultures of Acquired Businesses
Filed in: Organizational Change
Create Process to Integrate Diverse Cultures of Acquired BusinessesA $200-million holding company needed a performance management process to integrate the divergent cultures and business strategies of three recently acquired businesses.
Establish Common Platform for Goal-Setting & Performance ManagementWorking closely with senior management of the corporation and its acquired businesses, The Chatfield Group developed a customized goal-setting and performance appraisal system for the holding company that included management training as well as coaching in performance management.
To help build a common culture, The Chatfield Group facilitated a shared values discussion across all levels of the three acquired businesses.