More HR input leads to more merger success: study

Failures during merger mania of the 1990s taught valuable lessons
By David Brown
|Canadian HR Reporter|Last Updated: 01/17/2005

Corporate merger success rates are going up because HR leaders are being brought to the table sooner and playing a bigger role, according to a new study from HR consulting firm Towers Perrin.

In the late ’90s many business executives believed the best way to grow was through merger, said Michael Ternosky, a principal with Towers Perrin. “But a lot of people learned it was a tougher way to make money than they thought.”

After a sharp decline in merger activity in 2000, interest has been increasing steadily, according to the report,