forgotten employees can foil m&a success: tips for handling employees
DESCRIPTION
Mergers and Acquisitions (M&A) are not always successful. In fact, most get a C- grade from managers and 50% of companies report a 50% drop in productivity after a merger. We all know that change management is critical, and that employees are key to success of any company, but the employee piece is often forgotten when a company is acquired. Twice as much time is spent on due diligence related to hard assets as is spent on Oganisational Culture and Change Dynamics – and yet unhappy employees can derail a merger. Included here: Five key factors needed for M & A success and employee-related elements to consider as you bring together two or more companies.TRANSCRIPT
