This has been a very crucial topic for my company over the past two years. We are a larger, multinational company with over 30,000 employees in offices in over 144 countries. We have acquired about 19 companies in the past two years, ranging in size from 12 employees to several hundred. Needless to say, the cultures are very different. The biggest best practice for us to remember is not to hit the target company employees with the “Big Company Hammer.” What I mean by that is that we need to remember that we need to remember the needs of all the employees we are bringing into our company, regardless of the size of the company they come from. We cannot just say “we are a huge company so do things our way” because that totally disillusions employees who probably chose to come from a much smaller environment. We must be sensitive to listening and seeing each individual as they come over. Right alongside that is remembering that we don’t know everything. We still have the opportunity to learn from the employees of the companies we acquire, no matter their size. This has been the number one best practice for us culturally in the M&A activity we have had for the past 2 years.
Necessary cookies are absolutely essential for the website to function properly. This category only includes cookies that ensures basic functionalities and security features of the website. These cookies do not store any personal information.
Any cookies that may not be particularly necessary for the website to function and is used specifically to collect user personal data via analytics, ads, other embedded contents are termed as non-necessary cookies. It is mandatory to procure user consent prior to running these cookies on your website.