Why 90% of M&A Deals Fail (And It's Not What You Think)

In this conversation, Dr. Philip Hearn shares his extensive experience in mergers and acquisitions, emphasizing the importance of culture, communication, and personal growth. He discusses his journey from telecommunications to becoming a CEO and transformation specialist, highlighting key lessons learned from both successes and failures. Dr. Hearn provides valuable insights into the M&A process, stressing the need for alignment in expectations and the significance of enjoying the journey. He also reflects on the role of ego and the importance of active listening in leadership. Chapters 00:00 Introduction to Dr. Philip Hearn 02:21 Dr. Hearn's Journey and Background 05:30 Acquisition Insights: Culture First 08:08 M&A Deals: Balancing Culture and Financials 11:13 Communication: The Key to Successful M&A 20:09 Ego and Leadership: Lessons Learned 25:43 Advice for Companies Considering M&A --------------------------------------------------------------- Resources --------------------------------------------------------------- ⭐️ Our Guest: Dr. Phillip Hearn ► on LinkedIn: https://www.linkedin.com/in/philhearn ► Website: https://www.helixmanagementgroup.com --------------------------------------------------------------- 🟣 Sign Up for the/SHIFT Leadership Newsletter: Via email: ⁠https://sendfox.com/zaradigm⁠ Via LinkedIn: ⁠https://www.linkedin.com/newsletters/the-shift-7262518924703887360⁠ 🟣 Get my Leadership Communication Planner ⁠https://amzn.to/3X7LtFM 🟣 Get my book on High-Stakes Communication for Leaders ⁠https://zaradigm.com/go/high-stakes-communication 🟣 Join the/SHIFT, a private coaching group for leaders and transform ► your career, ► your brand, and ► how you lead and communicate. ⁠https://zaradigm.com/leadershift⁠ 🟣 If you are a CEO of a small business, join CATALYST to: ► grow your business YoY (typically 20+%) ► create high-performing teams ► solve challenges with likeminded leaders ⁠https://catalyst.zaradigm.com⁠ Keywords M&A, business strategy, leadership, culture, communication, acquisitions, ego, transformation, business growth, executive coaching