Lack of cultural integration process and planning as well as top talent flight are key people-related M&A concerns for senior business leaders, according to a recent Mercer survey*. In fact, approximately one third to one half of respondents said that they have no process for assessing culture and leveraging results. These same deal leaders are also very worried about top talent leaving their organizations soon after M&A deals close, with 75 to 80% saying that they are “very” or “moderately” concerned. Key insights from the survey were recently captured in an infographic published as part of the weekly Mercer/THINK thought leadership blog. “With mergers and acquisitions heating up in the Canadian energy sector, these survey results should be troubling to deal makers across the country,” said Bart Hermans, Mercer’s Canadian Corporate M&A Leader. “M&A activity poses multiple challenges for companies in today’s global economy, requiring innovative and practical strategies for retaining key talent and integrating organizational cultures.” Added Calgary-based Luc Berneche, a Partner in Mercer’s Canadian M&A business, “The importance of these issues is especially true for companies in markets where high levels of employee mobility and significant differences in workplace and local cultures make post-deal integration challenges a threat to the company’s performance. The Western Canada energy labor market is a clear example of this trend.” On a positive note, 60% of the Canadian and US business leaders acknowledged that people-related issues are gaining more prominence in M&A situations than in the past. To help better prepare senior HR and corporate development leaders for the key human capital risks that could impair any deal, Mercer is currently offering the Mercer 2104 M&A Ready™ Executive Development Program in major financial centers around the world, including Calgary. The program consists of an intensive and highly interactive two-day session where attendees learn about various approaches that will increase their opportunity to effectively align people to their business and deal strategy through a combination of presentation, facilitated deal simulation, and open, confidential group discussions. Participants are better able to assure effective risk management and optimize shareholder value. The 2014 Mercer M&A Ready Executive Development Program in Calgary will be held on June 12 and 13, 2014. To learn more, including a full list of global locations, please visit www.mercer.com/MAREADY. *The Mercer 2013 Global M&A Ready Registration Survey was conducted among 372 senior business leaders who registered to attend the workshops in locations worldwide.