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May 15, 2022 at 2:04 pm #59291Sandeep Kumar RuhelaParticipant
What are the key steps in HR integration? What are the key things to take care of during HR integration and how important is it for the entire integration process?
May 19, 2022 at 8:21 am #59466Charanjit SodiParticipantSandeep – There is very good article on this:
https://www2.deloitte.com/content/dam/Deloitte/us/Documents/mergers-acqisitions/us-ma-driving-m-and-a-value-through-hr-integration-get-it-right-from-the-start.pdfJune 6, 2022 at 8:48 pm #60210Cody EberhardtParticipantI have a follow up question: How much of the HR integration is done behind closed doors where the IMO and larger project teams have little to no visibility? We ran into a similar issue recently where HR processes were missed because the IMO wasn’t given visibility into the HR teams work.
June 10, 2022 at 6:52 am #60326Kishore GaneshParticipantThe Human Resource department acts as a trusted adviser to the employees of an organization along with the management who intend to enter to an M&A deal. The Human Resource (HR) department plays a pivotal role in the process of merger and acquisition between two companies.
HR professionals face a number of challenges during M&As, including:Attempting to maintain an internal status quo, or to effect change—either to facilitate or thwart (in the case of a hostile takeover) a possible merger or acquisition, as instructed by upper management.
Attempting to provide guidance to upper management from a “people” perspective as to whether organizational goals will be better fulfilled in the form of a merger versus an acquisition, or by making internal changes.
Assuming that a merger or acquisition has been approved, discerning all aspects of the two separate organizations and the one combined organization that will be affected.
Communicating with employees at every step in the M&A process with both an appropriate level of disclosure and an appropriate level of confidentiality.
Devising ways to meld the two organizations most effectively, efficiently and humanely for the various stakeholders.
Dealing with the reality that M&As usually result in layoffs of superfluous employees under the combined organization.This reality entails coordinating separation and severance pay issues between the combining organizations.
May 7, 2024 at 8:44 pm #107408Melissa LehmanParticipantHR is a key driver in a successful integration. An important step is to evaluate their current benefits plan and see how it differentiates from yours. Their current plan may be better than yours, so it is important to showcase the positives of the integration.
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