Mergers and Acquisitions
The effect that organisational change management can have on employee morale
Employee engagement through an acquisition can be increasingly challenging
- Lack of understanding of business strategy and goals
- Uncertainty about the future
- Multiple sites including cross site leadership
Mergers & Acquisitions offer many benefits to the growth and sustainability of many organisations. However, in order to make the transition work smoothly and effectively for your employees, you cannot solely focus on financial projections, organisational charts and contracts. It is essential to consider and address the impact this major change will have on employees.
A few common emotions go through the mind of employees when they hear of or are in the midst of a merger or acquisition; fear of job loss, anxiety, grief, pride, selfishness, excitement, and competitiveness. These mixed emotions need to be handled with care.
Corresponding strategies need to be developed to tackle the after-effects of these emotions as you aim to engage your workforce during this significant time of change and uncertainty.
