Two mid-sized oil and gas companies merge. The cultures of these two firms are very different: The acquirer (Dig Deep) is known for its high ethical standards and long-term focus, while the acquired firm (Extract More) is more short-term financially driven. One early challenge is to embed the Dig Deep culture into the Extract More employees. Progress is being made, until a key decision regarding the terms of a supplier’s contract must be made. Participants must unpack the issues involved in balancing short-term financial requirements with decisions that have “long legs” in terms of establishing and managing a new cultural environment.
Learning Objective
To better understand the lasting costs of relatively small and insignificant decisions made while integrating two firms.
Keywords
Post-merger Integration, Oil, General Management, Strategy
Settings
United States of America
2011
Type
Generalized Experience
Available Languages
English
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