Showing posts with label corporate life. Show all posts
Showing posts with label corporate life. Show all posts
Wednesday, May 16, 2007
Boredom, redux
I was wrong yesterday. New employee training for managers is more boring than the regular sessions.
Tuesday, May 15, 2007
Wednesday, April 18, 2007
Merger update
I started this blog with a minor rant about mergers. It's time for a vague update!
Frankly, it's a delight to see a merger that doesn't suck. So far, our new overlords have been doing things mostly right. There's some minor confusion here and there on some specific issues, like the details of some new benefits programs, but the HR folks tend to get things sorted out fairly quickly. It's almost like someone read that first post here. Actually, some of the issues raised in that post stem from another merger/acquisition by the same company, so it's nice to see that they've learned a few lessons after the better part of a decade.
Personally, I'm pretty happy. There's a bit more to solve for my own personal situation, but all of the management and HR folks I deal with have been helpful and supportive.
It'll be good to get the deal closed, which should be in another week or two. That should allow all of us involved to get back to concentrating on actual work. There's certainly plenty of that!
Frankly, it's a delight to see a merger that doesn't suck. So far, our new overlords have been doing things mostly right. There's some minor confusion here and there on some specific issues, like the details of some new benefits programs, but the HR folks tend to get things sorted out fairly quickly. It's almost like someone read that first post here. Actually, some of the issues raised in that post stem from another merger/acquisition by the same company, so it's nice to see that they've learned a few lessons after the better part of a decade.
Personally, I'm pretty happy. There's a bit more to solve for my own personal situation, but all of the management and HR folks I deal with have been helpful and supportive.
It'll be good to get the deal closed, which should be in another week or two. That should allow all of us involved to get back to concentrating on actual work. There's certainly plenty of that!
Thursday, March 22, 2007
Mergers and Acquisitions...tips from the real world
So, my company was acquired by a large corporation last week. These things happen, and it's usually a bit traumatic, but it doesn't need to be! I've now been through several of these types of business events, and from both sides. Based on that experience, I have some tips for people involved in this sort of thing.
If you are the acquiring company:
I'm happy to report that the acquisition I'm in the middle of is going fairly smoothly. The acquiring company has got it together, and is acting like they've actually read the first section above. (Hooray!)
If you are the acquiring company:
- Be aware that the people you deal with in the acquired organization are under immense stress. Give them a break!
- Have a plan. Better yet, have a team dedicated to helping everyone (on both sides) through the transition.
- Communicate early and often. Make sure everyone who is doing that communicating has the same message. Confusion is your enemy.
- Don't blow smoke...if there's bad news, share it. No matter what, don't make promises that can't be kept.
- You've been acquired - accept that change is going to happen. Some of that change is likely to be unpalatable.
- Frankly, get over yourself! There are going to be new processes that are different from what you are used to. Many things will be different!
- If you don't want to have everything dictated to you, have a plan! It is often the case that the purchasing company will be happy to work with you to meet in the middle.
- Communicate early and often, both internally an with the acquisition team. Again, confusion will lead to failure.
I'm happy to report that the acquisition I'm in the middle of is going fairly smoothly. The acquiring company has got it together, and is acting like they've actually read the first section above. (Hooray!)
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