Case study: Cisco
Communications – be honest and open.
Action – take small steps, record success.
Don’t cover up – it always shows.
Think ahead – start with the end in mind.
Listen – listen first, then communicate.
- create a conscious M&A engine with long–term committed senior staff
- establish experience curve, learn, reflect on key methodologies
- use experienced follow–up teams to implement and assimilate
- $18bn in 6 years of Acquisition
- no–lay–off pledges
- retain CEOs
- consult customers
- use small % investment as tester
- buy companies with momentum
- ensure culture fit
- never be afraid to pull out
- don’t celebrate "closures" – it‚s about implementation
- buy bite–sized companies