Mergers and Acquisitions: A Decision Framework
This webinar focuses on the issues surrounding the culture and fit of a proposed merger or acquisition. Successful integration, specifically change management, communication, and talent management, are also explored.
According to NCUA reports, 132 mergers were approved through June 2013 with an additional 23 approved in July. This represents a 14 percent increase from the same period in 2012. Industry experts project that the pace of credit union consolidation will continue if not accelerate over the next 6 to 12 years.
With that activity, it is no surprise that mergers and acquisitions have become a hot topic of interest in Board and Management strategic planning discussions as a means to grow membership, acquire key management talent, expand products and services for members, or gain economies of scale. For some, it is a question of survival and for others it is increasing a position of strength. Regardless of the driving goal, the associated costs, risks, and investment of time and resources raise the question, “Is this the right decision for our credit union?” In the M & A universe, it is an industry-accepted fact that 83 percent of all mergers and acquisitions fail to produce any benefit for the stakeholders and more than 50 percent of all mergers and acquisitions actually destroy value. Bottom line—the decision to merge or acquire should support the strategy and growth objectives of the credit union and increase the value to the members.
In this webinar, leaders examine key success factors and decision points pre-merger and post-merger:
Industry Profile on M & A Activity
Reasons to Consider a Merger/Acquisition
The Internal Decision Framework- Board, Management, Organization, Members
Planning Guidelines and Resources to Ensure a Strong Match
Key Questions for Successful Integration