Integrating and Managing Acquisitions
- SchoolChina Europe International Business School
- FormatIn person
- All dates September 22-25, 2020
- Duration 4 days
- LocationChina Europe International Business School, Shanghai, CN
- Price RMB 49,800
- CategoryFinance, Management, Strategy
About the course
The worldwide economic crisis has brought good news and bad news to Chinese businesses. The bad news is that external demand has shrunk considerably, causing distress for many export-dependent enterprises. As for the good news, there is a rare opportunity for high-performing businesses to acquire domestic and foreign businesses and carry out industrial consolidation and upgrade. However, both international and Chinese efforts at corporate development indicate that at least 50% of mergers and acquisitions (M&A) fail to achieve their original objectives. What are the reasons for such a high failure rate, and what lessons can be learned? What are the key strategic issues that have to be properly addressed in order to avoid common pitfalls in M&As and to carry them through successfully? How should Chinese businesses leverage M&A, a double-edged sword, to build up their competitiveness?
Who should attend
The programme is designed for top managers in charge of strategic development for their companies or involved in decision-making on the fundamental issues in M&A, including CEOs, CMOs, business unit heads, strategic planning directors, managing directors, etc.
Learning outcomes
- Gain a better understanding of the role of M&A in corporate development
- Be able to organise the M&A decision-making process more effectively
- Develop concepts and frameworks for M&A valuation and financing
- Learn to screen for suitable and strategically fit acquisition targets
- Learn how to successfully integrate the acquired company/assets
- Increase their awareness of resistance to change during acquisitions
Please note that instructors are subject to change and not all instructors teach in each session of the program.
Daniel Chng
Dr. Daniel Chng (庄汉盟) is an Associate Professor of Strategy at CEIBS. Prior to joining CEIBS, he was an Assistant Professor of Management at SKK Graduate School of Business, Sungkyunkwan University, South Korea, and a Sloan Faculty Fellow at Sloan School of Management, Massachusetts Institute of Technology, USA. He completed his Ph.D. in Management (2006) at the McCombs School of Business, University of Texas at Austin, USA. Dr. Chng teaches strategic management, organizational turnaround, global strategy, organizational theory and design, managerial decision making, and strategic consulting to MBA students as well as managers and top executives of multinational firms and government agencies in China, South Korea, and Singapore. He was awarded the MBA Teaching Excellence Award at SKK Graduate School of Business in 2008 for excellence in curriculum design and teaching.
Dr. Chng’s research interests focuses on organizational and managerial strategic behaviors during situations adversity. His research is an on-going attempt to advance our understanding of how organizations and their managers respond to the challenges of organizational failure or the threat of failure. Dr. Chng studies managers’ strategic decision-making approaches and behaviors during organizational decline, organizations’ ability to learn from failures, and entrepreneurs’ struggles in building new ventures in emerging economies. He has published articles in the Strategic Management Journal, Journal of Management, The Leadership Quarterly, Journal of Organizational Behavior, Journal of the Academy of Marketing Science, and the Academy of Management Best Paper Proceedings. His papers have won awards at the Academy of Management (AOM) and have been listed in the Top Ten Download list of the Social Science Research Network (SSRN).
Prior to academia, Dr. Chng was instrumental in the development of two entrepreneurial ventures in Singapore involved in corporate strategy and human resource development. As founder and principal consultant, Dr. Chng has consulted on projects for companies like Siemens, Colgate, SK Group, Wing Tai Group, G2000 Apparel, MENDAKI, Singapore General Hospital, and the Housing Development Board of Singapore. In 2001, his HR consultancy was the largest provider of worker-level training programs in Singapore. In addition, Dr. Chng served in the Singapore Armed Forces as an infantry officer.
Katherine R. Xin
Professor Xin, a native of the Chinese mainland, has extensive teaching, research and consulting experience in universities and multinational companies around the world.
Katherine Xin is Professor of Management, Bayer Chair in Leadership and Co-Director of Centre for Globalization of Chinese Companies at China Europe International Business School (CEIBS). She holds her Ph.D. from the University of California and was previously on the faculty of IMD, Lausanne, Switzerland，the University of Southern California, Hong Kong University of Science and Technology.
Professor Xin specializes in the areas of leadership, organizational culture, change management, and strategic human resource management. She is currently researching how to build high performance culture and how effective performance management can shape people’s mindset and behavior. She is a frequent contributor to academic and executive conferences and journals. Her research work has appeared in the leading international management journals such as the Academy of Management Journal, Administrative Science Quarterly, Organization Science, Strategic Management Journal, Organization Studies, Journal of Management, Journal of World Business, Leadership Quarterly, and other publications. Her recent books Made in China - Secrets of China’s Dynamic Entrepreneurs (2009) and Globalization of Chinese Firms (2009) received broad attention from executives globally.
In addition to her research and teaching, she is a consultant and workshop leader , and has undertaken assignments for multinational firms such as Acer, Alcatel, Allicanz, BASF, BMW, China Mobile, China Steel, China Telecom, Daimler Benz, Ford Motor Company, Fluor Daniel, Interbrew, Inventec, Johnson & Johnson, Merck, Pacific Bell, PricewaterhouseCoopers, Qualcomm, San Miguel, Sony, Toyota, TRW, TSMC, UMC, Baosteel, Baxter and government agencies in the US, HK and the Chinese mainland. She also worked as the marketing director at a high temperature rubber manufacturing company in California.
Hua Zhang
Dr. Hua Zhang is Assistant Professor of Finance at CEIBS. Dr. Zhang received his Ph. D. in Economics from School of Economics, University of Hong Kong. He holds M.A. and B.A. degrees from Fudan University, both in economics.
Dr. Zhang's current research interests are corporate finance, corporate governance and business ethics, entrepreneurship, and financial economics. His research papers have been published in Journal of Business Venturing, Journal of International Business Studies, Journal of Business Ethics, Corporate Governance: An International Review, and other academic journals and newspapers.