Yep, that's exactly how the takeover went at the last place I was working that was acquired. Lots of promises that nothing would change, except, well, this one small thing... to fit into company policy you understand...
I think somehow management sees the assets and wants to capitalize on them, without bothering to understand the process that created the assets in the first place (whether those are people or products). It's like if they took over a farm and harvested all the wheat without planting any seeds, and then wondered why they weren't getting crops anymore.
I just think it's amazing how frequently corporations will buy an asset for millions or billions with apparently no idea how the entity actually works. I mean if I were going to spend a few million on a company, I'd want to know how and why it's been successful, I wouldn't just want to acquire a "brand" that would get immediately tarnished.
I think somehow management sees the assets and wants to capitalize on them, without bothering to understand the process that created the assets in the first place (whether those are people or products). It's like if they took over a farm and harvested all the wheat without planting any seeds, and then wondered why they weren't getting crops anymore.
I just think it's amazing how frequently corporations will buy an asset for millions or billions with apparently no idea how the entity actually works. I mean if I were going to spend a few million on a company, I'd want to know how and why it's been successful, I wouldn't just want to acquire a "brand" that would get immediately tarnished.