Michael Megarit

 Michael Megarit Business Blog, Interview with Michael Megarit on Industry Consolidations Michael Megarit : Integrating different corporate cultures, systems, and processes can be quite a challenging process, often facing resistance to change from employees and management at acquired companies. Acknowledging synergies and cost savings requires careful planning and execution; any missteps can cause disruptions and reduce efficiency; regulatory approvals may pose hurdles; as is complying with antitrust laws to avoid monopolization or reduced competition in the market – it is also critical that expectations for all stakeholders such as employees, customers, investors be managed effectively through communication and leadership. Interviewer: Given these challenges, what are some effective consolidation practices? Michael Megarit : Effective communication is vital to successful consolidations. Ensuring all parties involved understand the benefits and vision behind your consolidation is e...