In this first episode of a three part series, J. Neely, a Partner at Strategy&, explores the importance of developing coherence-driven M&A strategies, beginning with how coherence creates better performing organizations. He addresses topics including: what companies must do to develop a coherent approach to their portfolios, how transactions can further a coherence strategy, and exactly how companies should design or tune their M&A efforts to maximize coherence. Note: This podcast was originally published by Booz & Company in 2010.