According to collated research and a recent Harvard Business Review report, the failure rate for mergers and acquisitions (M&A) sits between 70 percent and 90 percent.

That is a remarkably high figure, but when you consider the range of business, IT and cultural factors that occur during the average merger or acquisition it is not that surprising.

Mergers and acquisitions should never be taken lightly. Not only are you asking two companies to integrate under one corporate mission, but you are bringing together large groups of people with their own personalities, ambitions, behavioral traits and ways of working. The complexity ramps up when multiple branch offices, cross-border IT infrastructure and financial regulation are included.

Without a clear strategy, effective project management and open communication between stakeholder groups, the merger or acquisition will struggle to deliver the desired results. The process must be transparent, realistic and involve all areas of management if success is to be achieved.

So, in the face of all that, why do CEOs have an overwhelming need to do mergers and acquisitions?

Because 70% are sociopaths.  Sociopaths have a need for the respect of others, the need for status, fame, glory, recognition, attention, reputation, appreciation, dignity, even dominance.

Even if the merger or acquisition causes the dominate company to fail, even if thousands of people are put out of their jobs, that’s just the price necessary to fuel an enormous ego.

And the percentage of sociopaths in our government (Congress and Senate) is almost exactly the same.  (70%).  The great majority of these people are millionaires.  So why take a job that pays only six figures?  Again, the need to dominate, to dictate, direct, control.

Both groups further exhibit no conscience and a lack of remorse.

You will find that the people who most feel the need to control others are the least in control of their own lives.  Consider the number of sexual deviates in our government: sexteers, pornographers, child molesters, inappropriate sexual contact or pressure on subordinates.

You may want the money or the power, but you would probably need to sell your soul to get it.  Think about that the next time you want to be somebody else.

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