In good company

Corporate mergers and acquisitions are common events defining today's global marketplace. But only after these deals are completed are executives faced with the real work that will enable the primary organization to achieve the goals it envisioned when it merged with or acquired another company. This paper examines how organizations can use project management to facilitate the integration of merged or acquired companies into the primary company, all without disrupting daily business and ongoing projects. In doing so, it discusses how one biotechnology company--Genzyme (Cambridge, MA, USA)--manages and learns from its process of integrating the smaller firms it regularly acquires into its larger operation, noting the challenges encountered and the solution developed when Genzyme acquired AnorMED, the developers of the pharmaceutical product known as Mozobil. It describes the most significant problem that project teams encounter when their company either acquires--or is acquired--by another firm. It also sugges
registered user content locked

Log in or join PMI to gain access

or Register

Advertisement

Advertisement

Related Content

  • PM Network

    Going with the Wind member content locked

    By Fister Gale, Sarah Offshore wind projects have long been plagued by high technology and connectivity costs, making initiatives all but impossible without government subsidies. "But in the last few years, we've seen a…

  • PM Network

    Clean and Contained member content locked

    By Waity, C. J. During the Vietnam War, the United States sprayed more than 10 million gallons (37.9 million liters) of the toxic herbicide mixture Agent Orange. The tactic used in Vietnam between 1961 and 1971 was…

  • PM Network

    Caring for Giants member content locked

    By Bishel, Ashley The project was as pressing as it was daunting. Mariposa Grove's 500-plus mature sequoia trees—one of the largest species on the planet—stretch more than 250 feet (76 meters) in the sky, with some…

  • PM Network

    Site Specific member content locked

    Suide County, located on the Loess Plateau in northwest China's Shaanxi Province, has abundant sunshine and ample amounts of unused land. In an effort to use those two conditions to lower the area's…

  • PM Network

    Sustainable Change member content locked

    By Supekar, Rajeev Japan's energy landscape has turned upside down in the past few years. A country once dependent on nuclear energy was forced to rush into renewables after the 2011 Fukushima Dai-ichi power plant…

Advertisement

Publishing or acceptance of an advertisement is neither a guarantee nor endorsement of the advertiser's product or service. View advertising policy.