Managing the M&A Process from Opportunities to New Business Creation: An integrated model

Mélanie Raukko, Tuija Luoma, Niina Nummela, Minna Räikkönen, Lotta Häkkinen, Pekka Maijala

    Research output: Contribution to conferenceOther conference contributionProfessional

    Abstract

    Purpose: The main purpose of this paper is to create a theory-based framework to analyze how the new business creation and acquisition activity come together and how to manage the entire M&A process in an integrated manner, i.e. continuity between pre- and post-acquisition phase, and in line with the corporate strategy and ensuring business continuity. Methodology: this paper is a conceptual paper Findings: The model proposed in this paper adopts an integrated approach on strategic M&As. The whole process comprises an effective feedback system and continuity from pre- to post-acquisition phase; it is designed to reach the strategic goals set for the M&A and to achieve better business integration. This in turn should ensure business continuity. Research implications: This paper contributes to the extensive M&A research field by providing a multidisciplinary and integrated approach to M&As. Practical implications: The model proposed in this paper provides practitioners with concrete tools to adopt a proactive approach to M&As with strategic importance. Linking M&As with new business creation also shows ways to turn turbulent market situations such as the recent financial crisis into strategic opportunities. Originality: The link between new business creation research and M&As has not been discussed extensively. There is a lack of research analyzing M&As in conditions of high uncertainty and taking a more future-oriented approach. Moreover, there is a lack of understanding regarding the role of M&As in seizing opportunities in changing business opportunities.
    Original languageEnglish
    Publication statusPublished - 2009
    MoE publication typeNot Eligible
    EventCross-border M&A: Challenges and opportunities in global business environment - Brussels, Belgium
    Duration: 12 Nov 200913 Nov 2009

    Other

    OtherCross-border M&A
    CountryBelgium
    CityBrussels
    Period12/11/0913/11/09

    Fingerprint

    New business
    Integrated model
    Business continuity
    Continuity
    Integrated approach
    Corporate strategy
    Uncertainty
    Methodology
    Financial crisis
    Integrated
    Strategic goals
    Field research

    Keywords

    • strategy
    • mergers and acquisitions
    • cross-border acquisitions
    • new business creation
    • business continuity

    Cite this

    Raukko, M., Luoma, T., Nummela, N., Räikkönen, M., Häkkinen, L., & Maijala, P. (2009). Managing the M&A Process from Opportunities to New Business Creation: An integrated model. Cross-border M&A, Brussels, Belgium.
    Raukko, Mélanie ; Luoma, Tuija ; Nummela, Niina ; Räikkönen, Minna ; Häkkinen, Lotta ; Maijala, Pekka. / Managing the M&A Process from Opportunities to New Business Creation : An integrated model. Cross-border M&A, Brussels, Belgium.
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    abstract = "Purpose: The main purpose of this paper is to create a theory-based framework to analyze how the new business creation and acquisition activity come together and how to manage the entire M&A process in an integrated manner, i.e. continuity between pre- and post-acquisition phase, and in line with the corporate strategy and ensuring business continuity. Methodology: this paper is a conceptual paper Findings: The model proposed in this paper adopts an integrated approach on strategic M&As. The whole process comprises an effective feedback system and continuity from pre- to post-acquisition phase; it is designed to reach the strategic goals set for the M&A and to achieve better business integration. This in turn should ensure business continuity. Research implications: This paper contributes to the extensive M&A research field by providing a multidisciplinary and integrated approach to M&As. Practical implications: The model proposed in this paper provides practitioners with concrete tools to adopt a proactive approach to M&As with strategic importance. Linking M&As with new business creation also shows ways to turn turbulent market situations such as the recent financial crisis into strategic opportunities. Originality: The link between new business creation research and M&As has not been discussed extensively. There is a lack of research analyzing M&As in conditions of high uncertainty and taking a more future-oriented approach. Moreover, there is a lack of understanding regarding the role of M&As in seizing opportunities in changing business opportunities.",
    keywords = "strategy, mergers and acquisitions, cross-border acquisitions, new business creation, business continuity",
    author = "M{\'e}lanie Raukko and Tuija Luoma and Niina Nummela and Minna R{\"a}ikk{\"o}nen and Lotta H{\"a}kkinen and Pekka Maijala",
    note = "Project code: 32744; Cross-border M&A : Challenges and opportunities in global business environment ; Conference date: 12-11-2009 Through 13-11-2009",
    year = "2009",
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    Raukko, M, Luoma, T, Nummela, N, Räikkönen, M, Häkkinen, L & Maijala, P 2009, 'Managing the M&A Process from Opportunities to New Business Creation: An integrated model', Cross-border M&A, Brussels, Belgium, 12/11/09 - 13/11/09.

    Managing the M&A Process from Opportunities to New Business Creation : An integrated model. / Raukko, Mélanie; Luoma, Tuija; Nummela, Niina; Räikkönen, Minna; Häkkinen, Lotta; Maijala, Pekka.

    2009. Cross-border M&A, Brussels, Belgium.

    Research output: Contribution to conferenceOther conference contributionProfessional

    TY - CONF

    T1 - Managing the M&A Process from Opportunities to New Business Creation

    T2 - An integrated model

    AU - Raukko, Mélanie

    AU - Luoma, Tuija

    AU - Nummela, Niina

    AU - Räikkönen, Minna

    AU - Häkkinen, Lotta

    AU - Maijala, Pekka

    N1 - Project code: 32744

    PY - 2009

    Y1 - 2009

    N2 - Purpose: The main purpose of this paper is to create a theory-based framework to analyze how the new business creation and acquisition activity come together and how to manage the entire M&A process in an integrated manner, i.e. continuity between pre- and post-acquisition phase, and in line with the corporate strategy and ensuring business continuity. Methodology: this paper is a conceptual paper Findings: The model proposed in this paper adopts an integrated approach on strategic M&As. The whole process comprises an effective feedback system and continuity from pre- to post-acquisition phase; it is designed to reach the strategic goals set for the M&A and to achieve better business integration. This in turn should ensure business continuity. Research implications: This paper contributes to the extensive M&A research field by providing a multidisciplinary and integrated approach to M&As. Practical implications: The model proposed in this paper provides practitioners with concrete tools to adopt a proactive approach to M&As with strategic importance. Linking M&As with new business creation also shows ways to turn turbulent market situations such as the recent financial crisis into strategic opportunities. Originality: The link between new business creation research and M&As has not been discussed extensively. There is a lack of research analyzing M&As in conditions of high uncertainty and taking a more future-oriented approach. Moreover, there is a lack of understanding regarding the role of M&As in seizing opportunities in changing business opportunities.

    AB - Purpose: The main purpose of this paper is to create a theory-based framework to analyze how the new business creation and acquisition activity come together and how to manage the entire M&A process in an integrated manner, i.e. continuity between pre- and post-acquisition phase, and in line with the corporate strategy and ensuring business continuity. Methodology: this paper is a conceptual paper Findings: The model proposed in this paper adopts an integrated approach on strategic M&As. The whole process comprises an effective feedback system and continuity from pre- to post-acquisition phase; it is designed to reach the strategic goals set for the M&A and to achieve better business integration. This in turn should ensure business continuity. Research implications: This paper contributes to the extensive M&A research field by providing a multidisciplinary and integrated approach to M&As. Practical implications: The model proposed in this paper provides practitioners with concrete tools to adopt a proactive approach to M&As with strategic importance. Linking M&As with new business creation also shows ways to turn turbulent market situations such as the recent financial crisis into strategic opportunities. Originality: The link between new business creation research and M&As has not been discussed extensively. There is a lack of research analyzing M&As in conditions of high uncertainty and taking a more future-oriented approach. Moreover, there is a lack of understanding regarding the role of M&As in seizing opportunities in changing business opportunities.

    KW - strategy

    KW - mergers and acquisitions

    KW - cross-border acquisitions

    KW - new business creation

    KW - business continuity

    M3 - Other conference contribution

    ER -

    Raukko M, Luoma T, Nummela N, Räikkönen M, Häkkinen L, Maijala P. Managing the M&A Process from Opportunities to New Business Creation: An integrated model. 2009. Cross-border M&A, Brussels, Belgium.