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Five Frogs on a Log: A CEO's Field Guide to Accelerating the Transition in Mergers, Acquisitions And Gut ...
Mark L. Feldman, Michael F. Spratt

Collins Business, 1999 - 224 pages

average customer review:based on 25 reviews
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   highly recommended  highly recommended



Definitely Worth Reading

My organization is in the process of a major change and reorganization. I found this book to be right on target in identifying the challenges and hurdles that we faced as well as providing some effective solutions to ensure that we do not make the same mistakes that others before us have made. I believe this is an excellent book and a must read for anyone within the organization, not just CEOs.


The best of them all

My company has been making acquisitions for over twenty years and I think we've read all the merger books in print. "Five Frogs" is the winner when it comes to candid, practical and intuitive advice on how to accelerate through the post-deal transition without destroying shareholder value. Its a fast and easy read that makes its points clearly and with great examples that force you to think intelligently about decisions that must be made and executed quickly. The two chapters on internal and external communications planning and execution alone are worth the price. Our results from following the authors'advice on post-deal priority setting were both powerful and surprisingly painless. We're about to go through the biggest merger in our history and every member of every transition team in both companies now has a copy of "Five Frogs." It's become our merger bible. Also, if you get a chance to hear Feldman speak on the subject, don't miss it. He's an articulate and entertaining speaker who's seen it all. Very motivating.


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Worth reading

Having been on the receiving end of several poorly-executed acquisitions, I much appreciated the authors' vivid descriptions of merger complexity - and their straightforward advice on how to avoid it. Definitely worth reading.






Very thought provoking

This book is an excellent view of the M&A process from a very different angle. Many books cover the mechanics of the process, but this one looks at the outcomes for human beings - our most important assets. I would recommend it highly.


reviews: page 1, 2, 3, 4, 5



A riddle:
Five frogs are sitting on a log.
Four decide to jump off. How many are left?
Answer: Five
Why?
Because there's a difference between deciding and doing.

Written by Mark L. Feldman and Michael F. Spratt of PricewaterhouseCoopers, Five Frogs on a Log offers readers an entertaining and no-nonsense field guide to the mergers and acquisitions jungle, packed with insight and instruction for executing corporate change and capturing shareholder value. Whether you're buying another company or acquiring a new vision of the future, this book proffers an unconventional perspective and a practical, readily accessible set of solutions to the single greatest challenge facing today's managers: executing rapid transitions ion mergers, acquisitions and gut wrenching change.

Designed for corporate managers and CEOs caught up in the whirlwind of change, every chapter provides accessible ideas and wisdom for navigating the most demanding business transitions. The authors offer a unique hands-on perspective based on their work with top Fortune 500 firms. As they state:

"Increasingly, the companies that win are those that learn faster, act quicker and adapt sooner. They will compress time by making and executing early, informed decisions about economic value creation, ruthless prioritization and focused resource allocation. They will use these decisions to take early firm stands on management deployment, organization structure and culture. Their actions will increasingly be linked to long-term, sustained economic value creation."

The advice and expertise offered in this book can be used to solve a range of operational problems from speeding up new product development to merging two businesses; from changing company culture to repositioning a business in a while new marketplace.

Whatever the challenges and opportunities facing you, your company, your industry, Five Frogs on a Log will move you from deciding to doing.


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