3/29/2006

Culture and values count too much

"For the same reason - a big culture gap - I've passed up opportunities to acquire high-tech companies in Silicon valley that appeared to be a good strategic fit. I didn't want to pollute GE with the cultures that were developing there in the late 1990s. Culture and values count too much."
- Jack Welch in Jack, Straight From The Gut

My take :
1. I have experienced the way acquisitions confuse the culture of an organization, and confusion is seldom a good thing.
2. Acquisitions are demonstrated stepping stones of too many successful organizations for me to trash them.