Managing During Mergers and Acquistions (Part 1 of 2)
August 21st, 2006Whether you’re at a small or big company, the competitiveness of the commercial world and the demands for growth make your firm either prey or predator. If a company can’t grow organically - by growing sales of its own products - often leadership looks to be acquired or acquire another firm.
But what does that mean for a manager? What is our role in helping two organizations come together? How do you navigate the stressful, water-cooler-talk-filled, flurry-of-emails world of a merger or an acquisition? In this series of casts, we lay it out for you.
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August 22nd, 2006 at 9:50 am
I was so excited to see the topic of this podcast! Our company is currently working on building our internal competencies in this area. Although, our goal is to learn more about acquiring and not planning on becoming an acquiree, I will be leading our first Integration Team and it is important to keep in mind what all the folks will be going through. I totally agree that communication, communication, communication (to the right people, about the right topic, said in the proper way at the proper time) is key to making a difficult process more effective. Looking forward to the next podcast!