M&A across the energy industry. How much do people & culture matter?
April 14, 2022 | Episode 6 | 13:06
The Transforming for the future podcast series features Mercer's consultants who are helping organizations stay ahead of the curve by embracing transformation, exploring new ways of working, and reinventing their employee experience. We'll discuss the most pressing issues facing leaders today and how to shape the future of work so that your business and people thrive.
What fuels the volume of deals in the energy space, and how can energy companies deliver them successfully? In this episode, Mercer’s Global Energy Leader, Milan Taylor, interviews John Koob, Mercer’s M&A Advisory consultant. Koob formally worked as a CHRO at an energy firm and has worked on a number of deals in the energy industry. John provides his unique perspective highlighting the critical factors needed during an M&A and how culture plays a vital role.
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Interesting moments from the interview:
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Success in transactions
"One of the key lessons learned out of all the research is that 47% of the business leaders point to poor planning, and execution around the people in organizational issues as the biggest barrier to success in transactions." -
Organizations that attract, retain, and gauge.
"The world is going through a change as far as how organizations attract, retain, gauge, and motivate talent." -
Culture is how work gets done
"From a tangible, usable standpoint, culture is how work gets done in that organization, and how that organization behaves in the execution of their work."
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