Mitigating negative impact on morale, post acquisition

  • This topic has 16 replies, 17 voices, and was last updated 12 months ago by Natalie Trabert.
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  • #36016
    Natalie Trabert
    Participant

    Greetings All,
    What recommendations do you have for mitigating negative perceptions and fear that comes with the uncertainty around an acquisition?
    Thank you!
    Natalie

    #38738
    Jerome Baumgartner
    Participant

    Hi Cesar,

    With 2 carve out of existing businesses, once to a venture capitalist and the other to a privately held company, I must say that being acquired by a privately held company was much more motivating. New owners had deep understanding of the business and pragmatic communication that contributed highly to the overall positive excitement for the acquired retained team. Clearly having honest and decently detailed communication with the people were critical for the overall motivation.

    Jerome

    #38741
    Ian Smith
    Participant

    Agree on open honest communication. And look out for the Drop-Catch-Push points. This follows the morale chart or transition chart from ‘dropping’ the message and what your people may perceive to be the endings and then being prepared to Catch them, therefore being able to Push them from the neutral zone up into the new beginnings – this can be accommodated for in good comms plan and a HR & Comms person with good EQ and cultural awareness.

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