Global Leadership Consultants

Mergers & Acquisitions

CASE STUDY

Mergers & Acquisitions: Deploying Culture Transformation and Change Management Processes

Aug 27, 2016 | Case Studies

NXP Semiconductors

Objective & Challenge

Oxford Leadership was engaged by the CEO of NXP Semiconductors to support senior leadership alignment and culture integration following NXP’s acquisition of one of its biggest competitors, Freescale Semiconductor, Inc. an American multinational corporation headquartered in Austin, Texas with operations in more than 75 locations in 19 countries, and 17,000 employees worldwide. The task was to unite and align the two organisations with a common purpose, values and vision in order to create a sustainable, high performance culture.

The Solution

Oxford Leadership developed and deployed a culture transformation and change management process known as ‘Making a Difference’. This involved a 3-day ‘purpose’ workshop for the senior leadership team to define common purpose, values and vision for the new combined organisation and to establish 6 core elements in a ‘way of working’, which would shape the organisational culture of the future. These include a communications code based on trust and respect, core values and behaviours, a decision-making framework, feedback protocols and a ‘Breakthrough’ process for solving complex, critical problems. This leadership workshop was subsequently conducted with the management teams of each business unit, product line and global function. Eighty-five internal facilitators were trained by Oxford Leadership to cascade throughout the organisation, eventually facilitating 1200 workshops reaching 35,000 engineers over 4 months.

The Result

The merger is considered to be one of the most successful ever in the semi-conductor industry. In May 2016, Forbes Magazine wrote, “The Right Way to Do a Merger. The New NXP leverages Freescale Resources” , the articles cites the company’s successful culture integration as one of the main reasons why the new NXP has succeeded in becoming the global #1 in critical focus areas including autonomous vehicles, smart cities, mobile and wearable IoT applications, smart networks and an underlying theme around security.

We have successfully applied Oxford Leadership’s breakthrough process in small and large settings (teams of 10 to 100 people) and applied the follow-up techniques as well, which use modern enterprise-social networking tools to deliver true breakthrough results. The additional benefit has been to engage those teams in a lasting manner, creating a platform where issues are debated and resolved and from the initial sparks have now generated far more improvement initiatives and results than we envisioned at the start.
Henri Ardevol SVP of Corporate StrategyNXP
nxp_logo_s
AuthorBrian Bacon
Chairman & Founder
brian-bacn-profile-update
Brian is Brian is the Chairman and Founder of Oxford Leadership. As a leading global business strategist, Brian Bacon has been involved in more than 30 successful corporate turnarounds and is the creator of one of the world’s most successful leadership development programmes with over 200,000 alumni from 90 countries.
Profile & Contact Info
"For many organisations, this is becoming a burning issue. They understand the need to transform, but their... https://t.co/7suH8sI6DK