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Financial directions - Top execs speak out on acquisitions, ROI and IT.

Europe Intelligence Wire

| April 01, 2003 | COPYRIGHT 2003 Financial Times Ltd. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan.  All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)Copyright

(From Financial Director)

Change is a good thing

Nearly all UK companies have undergone organisational restructuring in the past two years, according to Roffey Park's fifth annual survey of UK managers. Nearly two-thirds of the companies that have undertaken change management recently believe their organisational structure is now better than before. The use of internal facilitators and consultants has helped to improve change management, however, HR is generally viewed as reactive in this area. www.roffeypark.com

Acquisition status quo

Most UK mid-cap corporate businesses will not change their acquisition strategies, despite the ongoing threat of war in Iraq, according to Grant Thornton Corporate Finance. Its survey of business owners finds that only one-quarter of respondents have recently put their acquisition strategies on hold. The risk of war is having little impact on price renegotiation between vendors and acquirers. www.grant-thornton.co.uk

Pity poor IT planning

A Cranfield School of Management survey of 700 business and IT leaders has found that most UK organisations plan and evaluate IT investment poorly. One-third of respondents believe that the quality of IT investment appraisal in the UK is "poor" or "very poor", while 85% think the process is too often influenced by "personal or political aspirations". ...

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