Management skills 'affect M&As'
News Article - 24 May 2012
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Leadership skills are key in merger and acquisition (M&A) deals, PricewaterhouseCoopers (PwC) has claimed.
The firm reports that a study into M&As has revealed that strong business management plays a significant role in driving a successful deal.
It found that favourable leadership skills are crucial elements in deal management such as empathy, flexibility in task management and a balanced approach to decision making.
PwC added that these skills are vital in ensuring minimal disruption to business performance and productivity during the deals.
Andrew Miskin, global post-merger integration leader at the firm, claimed that the study disputes the widespread belief that it is external market forces which significantly affect management deals.
"In reality, management can exercise a great deal of control and leverage in shaping deal value even in the type of challenging market conditions that we are currently experiencing," he said.
BDO Stoy Hayward recently recommended that firms make fraud prevention one of their main business goals this year.
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