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Subject:
Why have human resources aspects of mergers & acqusitions been ignored or handle
Category: Business and Money > Employment Asked by: nursie361-ga List Price: $2.00 |
Posted:
20 Mar 2006 11:35 PST
Expires: 19 Apr 2006 12:35 PDT Question ID: 709648 |
Why have human resources aspects of mergers & acqusitions been ignored or handled poorly in the past? |
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There is no answer at this time. |
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Subject:
Re: Why have human resources aspects of mergers & acqusitions been ignored or handle
From: johnshenton-ga on 27 Mar 2006 08:24 PST |
Having worked with HR for a number of years, I believe that it has been impossible for the HR Director/ Manager to bring sufficient casue or reason to the board to include this for consideration. The main reason for this is that for many years it has been impossible to easily quantify the results of any such report, even though it has been shown that a high percentage of these transactions fail because of the inability of the management team to bring two opposing cultures together once the transaction has taken place. Most mergers and aquistions happen when two companies are competing for top place, and it follows that the top directors are also doing the same. The real reason for including the HR team would be to ensure that the right people are in the right job once the transaction is complete, and for that you would need to include competence measurement and personal profiles. It is only recently that companies are really starting to take on board the value of competence measurement, and for many it is still proving a daunting task as there are so many levels of competence to be considered. Once the board of sirectors really understand the value of this type of measurement, I believe that there will be major role for the HR team to play in this activity. |
Subject:
Re: Why have human resources aspects of mergers & acqusitions been ignored or ha
From: myoarin-ga on 27 Mar 2006 13:10 PST |
One of the planned consequences of mergers and acquisitions is to combine and streamline some levels of staff - firing people. No matter how well it is done (good outplacement, retraining, consultation, office facilities for people while job-hunting, etc.), it is onerous and upsets the persons involved. Business school journals may praise the handling, but those affected will still complain in the community. There are "better" ways of handling the HR aspects, but none that will be satisfactory in the eyes and minds of those fired - maybe except for those who end up with better jobs. |
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