Stronger together – mergers and acquisitions

There’s a lot for businesses to take in at the moment. The autumn is traditionally a very busy time of year for many companies, with the end of the summer holiday season and the rush to get everything completed before that next big deadline – Christmas. Due to all the hectic activity, it’s sometimes difficult to focus on looking ahead while you’re in the vortex of the here and now. But it’s important to look to the future and plan out ways to ensure resilience against challenges that are no doubt on the horizon. Currently there is a lot of mergers and acquisitions activity in the marketplace.

Championing change

The logistics of two companies blending into one by whatever means is a challenge for HR managers and employees alike. Whenever mergers and acquisitions (M&As) take place, there is always upheaval. This disturbance can bring with it its own challenges – changes that will have to be navigated by all parties.

Keeping all employees updated with the latest communications is important and identifying Change Ambassadors, representing different parts of the business can prove very effective.  If clear benefits can be seen and demonstrated, staff will generally be more onside. Sharing information throughout the company is key to this and transparency between management levels must be maintained. This will engender trust and provide everyone with a clear picture of the state of play. As mergers and acquisitions take place, progress can be fast or slow – but whatever the pace, it will bring with it change and your company should be prepared for it when it happens.

Now’s the time to futureproof

At Career Evolution, we can help you, your HR managers and employees navigate the turmoil that often surrounds large scale business changes. Our Consultants and Coaches can help you find the right balance of intervention from ‘Navigating Change Workshops’, identifying and supporting the role of Change Ambassadors, and, if roles are made redundant, support those individuals at all levels who will have to exit the business.

If you would like to find out how we can help, please contact us today.