IN Practice

In this episode of "IN Practice Podcast" we are going to talk about how important communication is in the process of mergers and acquisitions, and why both parties must be able to communicate well and agree on a shared direction for the company's future in order for the merger and acquisition transaction to be successful. We will also discuss why if there is a lack of communication,...

In this episode of "IN Practice Podcast" we will get into the world of mergers and acquisitions. We will know that mergers and acquisitions can be challenging, but they can also be successful with careful planning and execution. In order to ensure smooth mergers and acquisitions transactions, it is important to have a project manager who is experienced in and knowledgeable about managing...

According to the findings of several studies, the likelihood of success for smaller projects is four times higher than that of larger projects. By looking at a database of more than 50,000 detailed project information, the 2018 Standish Group analysis found that small projects are more likely to be successful than big ones. The same approach can be applied to manage complex projects. They can be c...

There's always a misconception when it comes to developing a strategy, companies always think that strategy is more about sending out PowerPoint slides and Excel spreadsheets. Or it might be just a document that's only developed once at the beginning of the year to be presented to the board to justify certain financial investments. Still, in reality, strategy is more of a process that has...

In this episode of "IN Practice Podcast" we will understand that the absence of proper risk management will lead to the creation of more unpredictable situations or crises. We will understand that risk management is a logical process of coming up with solutions to problems before they happen while they are still just ideas or predictions. On the other hand, crisis management is the opposite of ris...

In this episode of "IN Practice Podcast" we will discuss why it is important for a company of any size to have a risk management plan in place and the importance of developing such a plan. In addition, we will discuss the three primary types of risks an organization will be exposed to, factoring that no one can predict the future. Still, with proper risk management, your company can be b...

In this episode of "IN Practice Podcast" we will explore how cultures influence any form of change, even if the two firms have a number of similar characteristics. We will also discuss the six steps that, when followed, may ensure that any merger or acquisition results in a successful transformation and integration of cultures. These six steps processes are only effective if they are per...

Many companies find it challenging to bridge the gap between the Business Case and the Realization of Benefits. A recent survey indicates that over 70% of organizations worldwide have suffered at least one project failure in the past 12 months. While companies that made decisions after adopting the business case as a transparent and evidence-based mechanism managed to reduce the number of unsucces...

Many businesses struggle with strategy execution, but what are the root causes of this problem? A recent study looked at this question in detail and found that four main factors are responsible for businesses' difficulty in implementing their plans. In this episode of “IN Practice Podcast”, we will understand how difficult strategy execution may be. We'll learn about eight actions that, if...