Contents:
Volunteer to serve on an integration team Most of the time, the integration teams will be the first to know about the reorganisation plans for the newly-combined companies.
As a follow-up to his highly popular book Intelligent M&A, author Scott Moeller expanded the chapter on surviving a merger into an in-depth discussion of the. Your company merging or being acquired ranks among life's most stressful events. But in today's corporate world it's almost certain to happen at some stage in.
Additionally, as you will be one of the few who know the new organisation and your counterparts at the other company, you may be selected to head or at least play a senior role in the newly-formed division. Prepare a contingency plan Despite taking all the appropriate steps to retain a job in the post-merger company, you still may be unlucky and be made redundant.
Therefore, do prepare for the worst: Make sure you are frugal at this time in case you are redundant for a period and without work. Consider the implications of changing industries or taking early retirement.
It can be very exciting to be in a company that is merging, acquiring or being acquired. Maybe too exciting for some. But it is best to have a plan and to think through these issues rather than sitting by passively and waiting to find out whether you will be asked to stay or to leave.
Proponents of regulation technology say it can revolutionise compliance, and the UK is where much of the action is. Businesses are racing to keep up with new technology, but if it's not implemented successfully it can cause untold damage. Leadership People Strategy Retail Food. Find this article useful? Get more great articles like this in your inbox every lunchtime.
Subscribe Find out more about our weekly bulletins. Goodreads helps you keep track of books you want to read. Want to Read saving….
Posted on 21 January So what can employees do to make sure they avoid the inevitable cull? The news is now that Cadbury WILL now be bought by Kraft, as the revised price of the offer has now reached a level where the board of Cadbury can no longer argue that the shareholders benefit. This is likely to be true especially if the deal is hostile and your management will be fighting the deal. These same tips for retaining quality employees can benefit businesses in nearly any circumstances, but companies planning growth through acquisition need to be especially cognizant of the needs of their workforce if they hope to fuel sustainable business growth over the long term. Goodreads helps you keep track of books you want to read.
Want to Read Currently Reading Read. Refresh and try again.
Open Preview See a Problem? Thanks for telling us about the problem. Return to Book Page. For anyone in this precarious position, this book offerssmart ideas and winning tactics. Hardcover , pages.
Published September 1st by Wiley first published To see what your friends thought of this book, please sign up. If things look uncertain, take the earliest opportunity to plan out your new career path: Skip to main content.
Recognize Change Recognizing there is a need for change is an important first step in surviving a merger or acquisition. Get Involved The process of merging is often handled by a multidisciplinary team comprising senior executives from both organizations. Be Visible Make it clear to the change team that your presence is essential to future success by ensuring you're always available and visible.
Prepare for the Worst Complacency is the enemy of effective career planning. References 4 Management Issues: Get Ahead of the Corporate Curve Ball: Patricia Soldati, Jan Management Issues: