Mergers And Acquisitions:
Keeping Good People In
A Time Of Change
Industry Challenges:
It's a grim fact that almost 80 percent of all new mergers fail. The reason? The one most often cited is the inability to successfully combine different people and perspectives and processes. It's not an asset problem. It's a people problem.
Interpersonal and interdepartmental conflicts, ego, break-ups of teams and relationships, completion for realigned resources, and be damaging to long-term growth and shattering in short-term.
How can you retain the most productive people and preserve the best practices while keeping business momentum stable and growing?
How can you quickly and smoothly align work practices and management styles, and corporate values without hurting quality and productivity?
How Joel Goldberg & Associates Can Help:
Two businesses and corporate cultures are becoming one. The best way to deal with that is to do it beforehand.
Joel Goldberg can help build effective communication between the separate merging units before the merger begins. We arrange meetings, introductions, and discussions and orientation sessions where managers and employees can address issues before they happen, and develop cooperative practices before the need becomes critical.
Whether at the start or in mid-merger, we can discover and pinpoint the concerns and fears of employees, and help discern procedures to diminish divisive issues and maximize the success and profitability of the merger.
The result is a smoother integration of two different operations. Disagreements and conflicts are minimized, resignations and departures are minimized, and retraining and realignment in new practices leads to fast and effective new functionality. The best people and the best practices continue, and the more seamless integration leads to less downtime and greater use of available resources, personnel and otherwise.
Beat the odds. Other businesses have. Yours can too.
Talk to Joel Goldberg today. Call now: 716-836-8683
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