Keeping Morale Up During a Merger

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Keeping employees engaged is very important for a company to succeed, especially when it comes to a merger. In addition to working seamlessly together, having an engaged workforce can also help boost a company’s chances of succeeding. According to a survey conducted by the Gallup organization, businesses with highly engaged workers are more likely to outperform their peers in earnings per share. Unfortunately, when a merger or acquisition occurs, employees may do the bare minimum during this period to maintain their employment.

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It’s easy to understand why employees are anxious and pessimistic about their future after learning that executives in private are making the decisions aecting their livelihoods and career. Rumors about layos can also drive people away. Getting a merger done is never easy, especially for everyone involved. However, if the entire organization comes together, it can help improve the company’s chances of succeeding.

Actions with Values

Align

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A good culture can be a competitive advantage for a company, and it can be imperative that leaders reinforce it during an acquisition or merger. A company’s culture is dened by its behaviors, such as actions, decisions, and communications. HR managers should ensure that the decisions and communications related to a merger or acquisition align with the company’s values and culture. This ensures that the new and existing employees can see how the organization is behaving. Clearly

A survey conducted by the Gallup organization revealed that employees are more likely to want more information from their leaders while, at the same time, those leaders feel that they have delivered enough. However, employees might not stay with the company if they don’t get the necessary information to feel secure in their position. For instance, top performers who potential employers have already contacted are more likely to leave if they don’t get the essential information.

Communicate

To ensure that employees are informed about the possible acquisition or merger, the leaders should organize town-hall-style meetings to discuss the

with

8/24/22, 10:49 AM Keeping Morale Up During a Merger | Viper Equity Partners | Investment Banking Facilitators https://viperequitypartners.net/keeping-morale-up-during-a-merger/ 3/5 deal. They should also regularly communicate both good and bad news. Having the necessary information can help employees prepare for their future.

Let Everyone Feel Involved

HR should establish multiple task forces and committees to help employees seamlessly transition into the new company. They should also encourage strong performers to get involved. Being part of a transition team can help employees develop their analytical and project management skills. It can also help them connect with their colleagues from dierent cultures. Participating in a transition team can help them develop their ideas and improve their skills. If their proposals are successful, they might be given additional chances after the Engagingmerger.

Lead Empathy

Despite the importance of being more empathetic during a merger or acquisition, many executives are still reluctant to talk about it. HR managers should help leaders focus on the people who make the company tick and encourage them to express their concern for the welfare of their employees.

Being able to motivate and retain the company’s employees even during dicult times can be done through the leadership of an empathetic leader. Their support should be provided through outplacement and coaching services.

in a merger can be very challenging for employees, especially since it involves crucial decisions aecting the company’s operations. By being open

8/24/22, 10:49 AM Keeping Morale Up During a Merger | Viper Equity Partners | Investment Banking Facilitators https://viperequitypartners.net/keeping-morale-up-during-a-merger/ 4/5 and transparent, companies can help keep their workers motivated and productive during the transition. Recent Posts Lessons from Failed Acquisitions Keeping Morale Up During a Merger Leading an Upcoming Acquisition How Ination Impacts M&As How to Follow Trends Within M&As Links QuoraCrunchbaseAbout.me FindLinksViper Equity Online QuoraCrunchbaseAbout.me

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