What You Need to Know
Growth through expansion and, in particular, mergers-and-acquisition (M&A) transactions continues to be a fundamental business objective for businesses across all sectors and industries. In 2021, M&A activity totaled $5.9 trillion globally, breaking previous records. According to market experts, despite a drop in the first half of 2022, pre-pandemic numbers are returning.
The rewards of growth by acquisition are considerable, particularly if broadening your services and product offerings becomes a key differentiator, thereby putting you in a much stronger position in the market. However, there are several considerations around expansion through M&A that can cause issues for companies during the integration phase and beyond. This Analyst Insight focuses on the scalability of your resources, especially around employee acquisition and workforce management.
3Sixty Insights is keenly aware that issues ranging from recruitment operations to methods of inter-company communication are genuine and significant challenges that can derail or blunt the full business potential of integration—for all parties involved. Consequently, having the correct tools to offset any of these challenges is imperative. This report examines the pitfalls facing organizations when they experience consistent and rapid growth and why one company, the Spain-headquartered global IT services firm Sngular, chose to partner with Zoho to alleviate these concerns.
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