We are not here to drain the pool - Companies smother the culture they purchase.
Large companies purchase smaller ones to enter new markets, buy IP or get an edge that they couldn't otherwise make happen. It is crazy but then they often integrate those acquisitions into themselves often killing the creative spark and culture that made that acquisition important, to begin with. Does anyone know of a company that succeeds with acquisitions without smothering the culture that they purchase?
ROLM and the pool metaphor that wasn't a metaphor
IBM acquired ROLM in the mid-80s. ROLM was a market leader at that time and one of the companies that prided itself as a Great Place to Work (GPW). ROLM created a place with a completely different culture from that of IBM.There was a story that IBM showed up to the first all-hands meeting with the employees and said
We are not here to drain the swimming pool.
IBM then went on to do everything they could to make ROLM conform essentially draining the pool that didn't fit their model. IBM moved its people into ROLM bringing IBM's culture to ROLM rather than protecting ROLM's successful culture. IBM-owned ROLM lost its market leadership and went through the typical partial ownership, sell-off, rebranding, spin-off, and shutdown. You can read someone's take on the culture clash https://narayansmusings.wordpress.com/2014/03/31/down-memory-lane-rolm-corporation/
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