기업인수 후 갈등해소와 통합전략의 성공요인: 한국형 모델의 탐색과 제안
The Sucess Factor of the Post-Merger Integration Strategy: In Search of the Korean Model and Suggestion
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초록
본 논문은 한국기업의 실정과 기업문화에 적합한 인수후 통합(Post-Merger Integration) 전략이 무엇인지 제시하는 데 그 목적이 있다. 최근 우리기업의 국내외 기업 인수합병이 크게 증가하고 있으나 그 성과는 기대에 미치지 못하고 있다. 본 연구는 인수-피인수 기업간 통합의 실패를 주된 원인으로 전제하고 우리기업이 인수후 통합과정에서 추구해야할 요소가 무엇인지를 제시하였다. 문헌연구를 바탕으로 국내·국외기업의 대표적 통합사례를 비교한 후 차이점과 공통점을 도출하였고 이를 통해 부각되는 우리기업의 통합전략상의 문제점을 기술하였다. 문제점으로 비관련 사업인수에 따른 통합의 어려움, 기업문화차이, 통합전략의 부재, 실행경험 부족, 리더의 역할 부재 등 5가지를 제시하였다. 이를 개선하기 위해 통합리더십, 세밀한 통합전략 마련, 학습역량 등 3가지를 강화할 것을 제시하였다.
Abstract
This study explored what is the post-merger integration (PMI) strategy fitting to the Korean management style and its corporate culture. This study posited that high failure rate of Korean M&As is due to its poor undertaking of the PMI strategy. Unlike previous studies examined from cases in American and European countries, this study assumed that the success factor of Korean PMI strategies may not be identical to the findings from those studies. Given this academic inquiries, this study pursued to explore what are the factors to enhance such poor PMI performance within the context of Korean business and management environment. Based on the relevant literature and comparison of foreign and Korean cases of PMI, this study elicited the similarities and differences of PMI success factors between foreign countries and Korean cases, then, suggested the distinguishable feature of PMI success factors in Korea. This study suggested three factors that Korean firms must build to increase PMI success, which are integration leadership, preparation of accurate planning at the early stage and learning capability.
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