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Merger And Acquisition Of Yinscape And Yanngsearch

762 Words4 Pages

Merger and Acquisition As a Chief Executive Officer (CEO) there are many challenges as well as vital decision that have to be made in order to remain a fully functional business. The title CEO is without a shadow of a doubt a prestige title that represents power and authoritative position. However; this title comes with an enormous amount of challenges such as merging as well as acquisition, both of which requires time, knowledge of the corporation, and most importantly patients. It sounds easy and may look easy on television, however; in reality merging two companies is perplexing and overwhelming. When merging or acquisition a CEO has to be able to understand diverse support systems, corporate cultures, lastly able to obtain a clear vision …show more content…

As we close the loop on the most recent merger and acquisition of Yinscape and Yanngsearch. I wanted to pass on good wishes to all. I also want to express how please I am to be overseeing this company. As the CEO of Yinscape I will provide a consultant who will work with us to clarify our vision statement's definition and purpose. The initial workshop sessions included brainstorming, discussion and small group work that focused on identifying our underlying values. The vision statement was to be future oriented, realistic, attainable, value-driven and inspirational (Avigne, Clark, Ingram, & Jones, 1995). Another reason vision have become important is because, with increasing turbulence in organizations, people are seeking some sort of anchor or certainty as a mooring. In providing direction and a focus, an organization can easily converge on the necessary actions (Jick, & Peiperl, 2011). My intent isn’t to undermine anyone, but to ensure we are all on the same sheet of music before we move forward. By doing this, it allows for me and staff to identify any glaring issues, my number goal is to bring my revenue in so I can increase quality of life here, and increase pay, while certifying unmatched customer services. My staff and I will ensure in-depth due diligence will occur, by reviewing all financial records closely this way we can put a value on the acquisition. Please understand during the merger, I will send a team out to interview the customers to determine what kind of good there is the open

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