This is the sophisticated businessperson's guide through the multidimensional matrix of Japanese business strategies. The book reveals the dynamics of Japanese industrial policy, Japanese protectionism, and management excellence so that you understand why Japanese business culture produces strategies that work in markets from Singapore to San Francisco. The author tracks Japan's successful penetration of U.S. auto and electronics markets and analyzes the factors supporting continuing economic growth. How Companies Lose the Acquisition Game Mark L. Sirower Mergers and acquisitions have clearly become the favorite corporate growth strategy of this generation's executive teams. Unfortunately, the dilemma facing executives is that the majority of these transactions are, on balance, hurting their shareholders.
Many acquisitions are predictable failures right from the beginning.
Because of the unique gamble that acquisitions represent, executives must clearly understand the financial, strategic, and implementation issues of deals before approaching the negotiating table with the corporate checkbook open. In short, The Synergy Trap sets an agenda for the up-front planning issues that drive shareholder value creation in acquisition strategies.