I had an opportunity yesterday to attend a presentation by a company that had completed 2 mergers over the last 18 months and they were sharing the lessons learned from the experience.
The one take away that really stuck with me that they shared was boiled down to three simple words. Truth, Trust and Respect.
These three things have meaning in most business relationships (and personal) and transactions, not just mergers. Employee to employer, company to customer, company to investors, investors to company, partner to partner and so on.
What was pleasantly surprising to me was how conscious the company was of needing Truth, Trust and Respect to make the mergers work.
Think about your relationships, are these elements present, can they be obtained, what barriers does not having them put in the way of results?
I am following LipidLabs (LPDL.PK), I understand there is a stellar report due out soon from Beacon. Does anyone have information about this company.
ReplyDeleteHow does Truth,Trust and Respect not work. Some one tell me.
ReplyDelete