Human Resources: Top Ten Things Employees Need in the Acquired Organization
An acquisition is always based on a financial proposition. But once the papers are signed, success depends on the effectiveness of managers and employees. Their effectiveness will increase if the following ten needs are met (not ranked in order of importance):
- The need for a common vocabulary. By providing a common language through training, people on both sides of the deal are able to communicate more effectively. Without this training, people may be using the same terms to mean different things, or they may lack the language to discuss many of the merger concepts accurately. Communication tangles can add confusion, increase frustration, and slow down integration progress. . . .