By Alexis Papathanassis
In the context of post-merger integration there's a tendency to understand info and conversation platforms (ICS) as "technical parts" or perhaps as "departments" that must be built-in. The dialogue revolves frequently round technical matters and the restructuring of the IT-function(s).
Alexis Papathanassis postulates that ICS should be handled as a posh and important administration method and that it's going to be said as a key enabler of merger price cognizance. As such, it calls for a holistic attention and a systemic realizing. He provides the "Post-merger details and verbal exchange platforms framework" (POMICS), a conceptual instrument assisting the research attempt required to accomplish a adequate intensity of figuring out. Its program on a real-life post-merger integration state of affairs in a tourism corporation serves as a validation and for example of the framework's strength price. It additionally supplies worthy insights into a few of the key questions dealing with the complete tourism quarter today.
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Extra resources for Post-Merger Integration and the Management of Information and Communication Systems: An analytical framework and its application in tourism
Sample text
The logic follows the pattern: problem identification" solution design and proposition" solution application and testing .. recommendations and proposition evaluation. The first two chapters (incl. this one), aim at describing the specific research issue, scope, and methodology, while arguing for its contribution and locating its place in the vast literature of mergers. On that basis, an analytical framework is constructed and described in chapter three, which forms the key proposition of this undertaking.
This rapid change of share prices induces speculation and hence increased merger activity Literature Review & Analysis 19 Notwithstanding, regardless the volume of discouraging evidence, the 'urge to merge' remains 39 . Companies seek growth, their strategies call for M&A, and executives are willing to bet against the odds 4o • For some the 'merger glass' is half-full, for others it is half-empty. Maybe the real question should not relate to how full the glass is, but to what is the glass full ot'1 • Synergy and the synergy limitation perspective Before proceeding in the elaboration of this perspective, an understanding of the concept of synergy is necessary.
The separation between ownership and control, commonplace in large corporations, implies that managers seek size rather than profitability, because this is more likely to provide them with increased power, prestige, job security, and compensation. Baring in mind the mergers' fast-growth promise, this semi-conscious management choice may clash with shareholder interests Personal commitment hypothesis 54 : Managers' commitment to a particular theory could also be responsible for persistence in a consolidation strategy, even during conditions of repeated and persistent negative results.