IT Roe in Mamp;A在并购这一角色；.pptVIP

Presentation prepared by Carol V. Brown, HSATM, Nov. 19, 2008 ? 2007-08 Stevens Institute of Technology. All Rights Reserved. The Role of ITin the Success of Mergers and Acquisitions Carol V. Brown, Ph.D. Distinguished Professor Howe School of Technology Management Stevens Institute of Technology carol.brown@stevens.edu HSATM – November 19, 2008 Personal Research Interests Agenda: the IT Role in MA The Motivation CIO “awake at night” Topic Knowledge Gaps in Prior IS Research Case Study Research Merger-of-Equals (n=3) Smaller Acquisitions (n=6) Some Concluding Thoughts The Motivation: CIO perspective Today’s Business environments (dynamic, global) ? more frequent Business restructuring events Mergers and Acquisitions (MA) Divestitures Joint ventures other strategic alliances What IT Capabilities are needed to effectively support these Business restructuring events? The Motivation: Gaps in IS Research MA events have different characteristics (intent, size): What characteristics of the MA event influence the IT role? Mergers-of-Equals involve large-scale, complex IT projects: IT Application rationalization (App Rat) Other Technology rationalization (data centers, networks) IT Talent selection: retaining and downsizing What are some “best practices”? Multiple IT Merger strategies exist: Support IT of Firm B (leave as is) Replace IT of Firm B (with IT of Firm A) Adopt IT of acquired Firm B Synthesize or “Greenfield” IT project (to replace IT of Firm A and Firm B) Is the same IT merger strategy used for all acquired systems? Why or why not? Case Study Research Descriptive Case Studies: 3 Merger-of-Equals Compaq buys Digital (with J.Ross, MIT) Sallie Mae buys USA Group (with IT leaders) Sprint buys Nextel (with IT leaders B.Wixom, UVA) Grounded Theory Studies: Smaller Acquisitions (with B.Reinicke, UNC-W) 2 events in 3 companies, no merger-of-equals Merger-of-