Not only do most merging companies today understand the vital importance of successfully integrating their information technology systems, most actively plan for it. And still they fail.
A survey conducted last year by McKinsey & Co. shows that 90 percent of merging companies had formed IT integration plans, with well over half the respondents showing enough foresight to make these preparations prior to or during due diligence. Yet 95 percent of post-merger IT integrations still took longer than planned, with two-thirds taking up to two times longer to implement than expected. Why?
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