Case Name :      Momentum and Metropolitan’s Merger: Authentic Transformational Leadership

Authors :           Caren Scheepers, Sonja Swart

Source :             Ivey Publishing

Case ID :            W15045

Discipline :        Organizational Behavior

Case Length :    18 pages

Solution Sample availability : YES

Plagiarism : NO (100% Original work)

The merger of Momentum and Metropolitan into MMI Holdings Limited, one of South Africa’s largest insurers, played out against the setting of South Africa’s volatile currency and post-apartheid environment, with sensitive employees and a Competition Tribunal that prohibited the retrenchment of around 2,000 employees. The two companies with very different cultures were merged, with only one of the CEOs attaining the Group CEO position. The leaders’ clear vision and focus on change management enabled a successful merger process. How can the Group CEO derive synergies and grow capital from the integration’s next phase to prevent MMI from becoming another merger that fails to provide returns for shareholders?