Managing the aftermath: lessons from The Royal Bank of Scotland’s acquisition of NatWest

Kennedy, G., Boddy, D. and Paton, R.A. (2006) Managing the aftermath: lessons from The Royal Bank of Scotland’s acquisition of NatWest. European Management Journal, 24(5), pp. 368-379. (doi: 10.1016/j.emj.2006.04.001)

Abstract

This paper examines the acquisition by The Royal Bank of Scotland of NatWest Bank, to draw some lessons about managing the integration of previously separate businesses. Having acquired NatWest in 2000, RBS launched a major integration programme to yield the savings and revenue gains which they had promised to the capital markets during the takeover bid. The idea of “semi-structures” as an approach to managing major change provides a theoretical perspective from which to analyse subsequent events. The resulting narrative has potentially useful implications for those managing major acquisitions.

• Item Type: Articles
• Status: Published
• Refereed: Yes
• Glasgow Author(s) Enlighten ID: Paton, Professor Robert and Boddy, Mr David
• Authors: Kennedy, G., Boddy, D., and Paton, R.A.
• Subjects: H Social Sciences > HB Economic Theory
• College/School: College of Social Sciences > Adam Smith Business School > Management
• Journal Name: European Management Journal
• ISSN: 0263-2373
• ISSN (Online): 1873-5681
• Published Online: 06 October 2006