The journey to any destination is not always smooth, and the accomplishment of a specific goal is not always easy. There are often hurdles and obstacles along the way that have to be dealt with whenever they arise. And when you are a CEO and are leading your company through a merger, things get even more difficult and there is a higher probability that more complex issues are going to spring up in the process.
Plan as well as you may, but there are always certain things that are overlooked or risks that go unidentified. You may thoroughly evaluate all your strategies and assure yourself that they would help you in achieving the goal. That they will, but as accurate as your predictions may be, the future can be just as uncertain, and once you start on something, you can never be absolutely sure of what tomorrow holds for you.
As a CEO, you would have thought out a proper strategy for your company, and you know exactly at which level you want to take your business to. Right now, your plan may be excellent and everyone may assure you that it is bound to work. Plans that are made on paper are only seemingly perfect and may often fail to take a lot of challenges into consideration. You may expect an above par financial performance and your strategies may be able to cut down a lot of costs while gaining efficiency. But when you actually implement them, will it always be what you expected initially?
The answer is no. When you actually start driving your company towards a merger, you are bound to face a lot of legal, cultural and integration issues. And you would have to deal with them as they appear along the way. Why do you think you failed to notice these before? Because the strategies you initially planned out were based on assumptions. If any of these go wrong or become untrue, your plan automatically is whisked down the drain.
Our point here is not to back you out of the merger. We only want you to know that you will have to face problems as you go through it, and so you will have to make a lot of changes in your plans. Go for modifications, but do not give up. Focus on your aim, and you will be there.
After all, the journey to a merger is not easy, but people have made it through successfully. And so will you.
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