when two organizations become one, the pressure for ROI is high. Project managers can lead the way
When a merger or acquisition deal is sealed, months of negotiations between executives end. But then the real work begins: integrating two organizations' systems, processes and cultures to quickly deliver the expected ROI. The stakes for these change management projects are always high -- and the demand for skilled project managers to lead them has never been greater. Global mergers and acquisitions (M&As) reached record levels in 2015, with nearly US$4.6 trillion in transactions completed or pending -- a US$2 trillion jump from 2013 and a more than US$600 billion increase from 2014. The volume of deals also was an all-time high and included 17 valued at more than US$20 billion.