ANN CROTTY: Delayed reaction
If over half of mergers fail, why reward dealmakers prematurely?
06 February 2020 - 05:00
Perhaps it’s time to consider a three-to five-year delay before handing out business-related awards. It risks losing some of — well, all of — the immediacy that’s key to these sorts of glittering awards occasions, but what it loses in immediacy it will make up for in authenticity.
In particular, given that over 50% of mergers fail to produce at least the expected benefits, delaying awards for dealmakers by at least three years seems like an excellent idea...
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