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Description
The Synergy TrapWith acquisition activity running into the trillions of dollars, the acquisition alternative continues to be the favorite corporate growth strategy of this generation's executives. Unfortunately, creating shareholder value remains the most elusive outcome of these corporate strategies. After decades of research and billions of dollars paid in advisory fees, why do these major decisions continue to destroy value? Building on his groundbreaking research
With acquisition activity running into the trillions of dollars, the acquisition alternative continues to be the favorite corporate growth strategy of this generation's executives. Unfortunately, creating shareholder value remains the most elusive outcome of these corporate strategies. After decades of research and billions of dollars paid in advisory fees, why do these major decisions continue to destroy value? Building on his groundbreaking research first cited in Business Week, Mark L. Sirower explains how companies often pay too much -- and predictably never realize the promises of increased performance and competitiveness -- in their quest to acquire other companies. Armed with extensive evidence, Sirower destroys the popular notion that the acquisition premium represents potential value. He provides the first formal and functional definition for synergy -- the specific increases in performance beyond those already expected for companies to achieve independently. Sirower's refreshing nuts-and-bolts analysis of the fundamentals behind acquisition performance cuts sharply through the existing folklore surrounding failed acquisitions, such as lack of "strategic fit" or corporate culture problems, and gives managers the tools to avoid predictable losses in acquisition decisions. Using several detailed examples of recent major acquisitions and through his masterful integration and extension of techniques from finance and business strategy, Sirower reveals:- The unique business gamble that acquisitions represent
- The managerial challenges already embedded in current stock prices
- The competitive conditions that must be met and the organizational cornerstones that must be in place for any possibility of synergy
- The precise Required Performance Improvements (RPIs) implicitly embedded in acquisition premiums and the reasons why these RPIs normally dwarf realistic performance gains
- The seductiveness and danger of sophisticated valuation models so often used by advisers
Binding Type: Paperback
Publisher: Free Press
Published: 10/26/2007
ISBN: 9781416584650
Pages: 304
Weight: 1.00lbs
Size: 9.02h x 5.98w x 0.69d
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4.1 ★★★★★
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Product Reviews
★★★★★ 1
Not durable
Color: Nude, Size: Women 9-13
Only used two of them so far. One sock lasted nearly 3 wears. The other broke before I could finish wearing it the second time. Basically useless junk.
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Reviewed in the United States on April 2, 2026
★★★★★ 4
Thick Silicone Moisturizing Socks
Color: Nude, Size: Women 9-13, Color: Nude, Size: Women 9-13
★★★★☆ Thick Silicone Moisturizing Socks
I ordered these silicone moisturizing socks to try for dry heels. Unlike typical fabric spa socks, these are made entirely of soft silicone and are noticeably thicker and very stretchy.
When I first took them out of the package there was a visible fold line in the silicone. It appears to be from how they were folded in the packaging rather than a defect in the material. The silicone itself feels durable and flexible.
The design works like a full silicone sleeve that traps moisturizer against your skin. I applied Aquaphor first and then slid these on so the moisture stays in contact with the skin longer. One thing I noticed right away is that the silicone feels cool when you first put them on, which is actually pretty comfortable.
The bottoms have a zig-zag textured pattern that gives some grip if you need to stand briefly, though these seem better for relaxing while moisturizer absorbs rather than walking around much.
The ankle opening is the tightest part of the sock. It stretches, but it’s noticeably snug compared to the rest of the silicone, which helps keep them from sliding off.
For sizing reference, I wear a women’s 7.5–8 shoe and the size Large fits comfortably. There’s plenty of stretch and I can wiggle my toes easily, so they should accommodate larger feet as well.
They’re also easy to clean. After using them you can simply wash them with soap and water and let them dry completely before storing or using them again.
Overall these appear well made with thick silicone and plenty of stretch. If you use moisturizing socks or heel treatments, these work well for keeping lotion in place while your feet absorb it.
Since this set comes with two pairs for about $10, the price seems pretty reasonable for something reusable like this.
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Reviewed in the United States on March 6, 2026
★★★★★ 5
Enables the person to move around while wearing.
These silicon socks look a bit odd at first glance but they work great and best of all, any lotions and oily creams are contained on the inside so you can walk around. They are very soft. I haven't had them long so I can't comment on durability, but they are not made of lightweight material.
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Reviewed in the United States on March 10, 2026
★★★★★ 5
They Work
Husband struggles with cracking feet, he has tried so many home remedies these work great to keep the moisturizer on and the carpet dry!
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Reviewed in the United States on March 25, 2026
★★★★★ 1
Not worth the time or money
Never buy these, they causes feet cramps and bad pain even if you use foot pain cream
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Reviewed in the United States on April 30, 2026
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