John Farkas
Yeah.
Yeah.
Yeah, for sure. mean, the, the, the whole thing about Candor is bringing, subjective things into objective viewpoint, because let's take the merger and acquisition case study. You've got two organizations, two cultures that are theoretically coming together.
And it looks good on paper. the, guys at the investment bank put the numbers together. They've done the spreadsheets. They've done some diligence, conventional diligence and, and there's been an audit of the tech stack, you know, whatever, whatever those things are that we objectively say, okay, this makes sense for this to happen. What, what is often very underdone is an understanding of, who, who is there?
What value are they bringing? How are they seeing the path forward? And when you bring these entities together, what's likely to happen with the human resource? It is a huge question that I can't believe gets overlooked. And it's crazy to me that we have these standard statistics, 70 to 90% of all mergers and acquisitions fail to meet objectives in the first year.
Why? Well, some of it might be just hard knocks. Most of it is all that subjective pool of stuff that we're content in somehow not spending the effort to objectify.
And when you're just assuming alignment, but you're not doing anything to actively promote alignment or measure alignment, when you're, when you're just assuming that your team is going to embrace and be willing and able to accelerate at the pace that you have on those objectives that you set out in front of your initiative before you pull it together.
And really what it comes down to is if you are an organization who's not doing the work to objectify those subjective realities, it costs you, it costs you in human attrition because you've got people when anytime there's lack of clarity, people suffer.
Brene Brown is famous for saying "clarity is kind." If you are coming into an initiative and you are not providing a drum beat, a very clear signal that affords people the opportunity to understand the path forward you're missing. In an organization like many of the ones we're talking to, you can lose one key person and that can be millions of dollars worth of opportunity costs, depending on what they walk out the door with as far as their institutional knowledge and critical nature of their work with the company. And so in those moments of change, the ability to provide a clear path and show clearly here's where we're going, why we're going there and how we're going to do it together ends up being really important.
If we're able to get in on the front end and measure alignment, understand what we have, understand where we're misaligned and what we need to do to align things. If we're able to put organizations on a structure, you know, whether it's EOS, OKR, some framework where they have understood a framework in place of how they're going to manage their objectives and how they're going to meet and organize their activities toward that growth trajectory. And then, we've got a team that is ready to make that move. You you understand who on your team are going to be your growth catalyst, who on your team are going to be your anchors that you, in the negative way, your detractors, are going to be obstacles between you and objectives and how are you going to mitigate against those things?