Get Charging back up the hill: workplace recovery after mergers, PDF

By Mitchell Lee Marks

ISBN-10: 0787964425

ISBN-13: 9780787964429

Simply as companies have survived different recessions, they're going to come via this most recent one-but they are going to need assistance to get over it. during this booklet, acclaimed writer and advisor Mitchell Marks bargains the knowledge drawn from his a long time of expertise in assisting organisations climate and deal with the storms of mergers, acquisitions, and downsizing. Marks indicates senior executives, crew leaders, HR administrators, and experts the right way to get jaded staff again on the right track, hold them throughout the transition, and inspire them to accomplish at their most sensible. He presents accomplished information on "transition management," explaining the best way to procedure the hot and create a context for restoration. And he information tips to revitalize the full organization-the person spirit, groups and their functionality, and organizational systems.Mitchell Lee Marks (San Francisco, CA) is an autonomous administration advisor focusing on supporting corporations plan and enforce mergers, restructurings, and different transitions. He additionally consults in parts of CEO training, senior group improvement, HR improvement, and company tradition. formerly, he was once senior director at Delta Consulting crew and nationwide chair of the HR administration perform workforce at William H. Mercer, Inc.

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Extra info for Charging back up the hill: workplace recovery after mergers, acquisitions, and downsizing

Example text

I’ve lost four jobs in five years, despite personally performing very well. The American dream just isn’t coming to me. My dream isn’t to do better than my parents— it’s to have security and build self-esteem for my family and myself. On a trip to New York City, I visited former clients at a professional services firm that had acquired a similar-sized competitor two years earlier and recently had gone through a downsizing to “rationalize” staffing levels. By all accounts, the merger went swimmingly; it was touted in the business press as a rare successful combination in a business plagued by big egos.

In many cases, mergers, acquisitions, and downsizings are prudent business moves that enhance competitiveness and survivability in the ever-changing business environment. British Petroleum’s acquisition of Amoco was an essential strategic move in a consolidating industry. Vivendi’s acquisition of Seagram’s film, television, and recording businesses—and its concurrent divestiture of the Seagram Spirits and Wine Group— catapulted it to prominence among diversified entertainment firms and kept its focus on key businesses.

Difficult Events to Manage To be fair, mergers, acquisitions, and downsizings are very difficult events to manage. If they were easy to manage, 75 percent of all corporate combinations would not fail! To understand why the track record is so dismal, look at how these events transpire, in both practical and emotional terms. Mergers and Acquisitions: Wired for Mismanagement The very manner in which mergers and acquisitions are conceived runs counter to rules of effective leadership and management.

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Charging back up the hill: workplace recovery after mergers, acquisitions, and downsizing by Mitchell Lee Marks

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