How to Merge the Team After a Merger and Acquisition?
The impact of the transaction and the resulting integration means a reorganization of some employees' tasks and functions.
On the one hand, M&A offers companies the opportunity to grow quickly and successfully, opening up new perspectives for strengthening strategies, creating improved business models, unique product portfolios, and innovative productions. On the other hand, M&A often presents significant organizational changes, sometimes only on the acquired company, usually on both sides.
Therefore, despite the technological, product and commercial advantages gained through M&A, companies face serious internal challenges that require detailed planning and effort to bring the acquisition into the company and integrate it in order to maximize the return on investment.
Managing an organization's newly formed team becomes a real challenge for the Management. The impact of the transaction and the resulting integration means a reorganization of some employees' tasks and functions. And one of the most important elements of successfully facilitating the M&A process is effective communication. Successful communication facilitates a smooth transition to new business.
The essence of effective communication between Management and the new/updated organization consists of a well-built and executed playbook. The layout of the playbook will be part of a next mailing on this forum.