Professional Documents
Culture Documents
Human Resource in Merger and Acquisition
Human Resource in Merger and Acquisition
Human Resource in Merger and Acquisition
Importance
Customer service Information system Finance Hr / Administration Management
Cont.
Increase in productivity Improve quality of production Better coordination Creative thinking
Challenges
Burden of past experience Organization defensive routines. Tunnel vision Bounded rationality
Process
Identify stage Collect stage Select stage Store stage Share stage Apply stage Create stage Sell stage
DEFINITION
The organizations which have internal structure and capabilities to facilitate responsiveness to changes in economic and market conditions ,changes in government policies and employment legislation, unemployment, developments in technology and methods of production, competitiveness and removal of skill boundaries.
Characteristics
Power flexibility Informal communication Flat organizations, multidisciplinary teams Customer orientation Organizational boundaries are wage Sharing of information
ADVANTAGES
It saves time, travel expenses Can use consultants from outside Can hire best people regard less of location Employees can accommodate personal and professional life Employees can be assigned to multiple and concurrent teams . Team communications and work reports are available online .
FEATURES
Technology E-mail integration Office system integration Voice mail alert Mobile data
TYPES
Telecommuting e.g. Dow chemicals, xerox . Outsourcing most core competencies e.g. nike Completely virtual e.g. ACOG, IBM
CAREER DYNAMICS
Recruitment under time pressure and requires high skills. Social stability is not very much required. Work pace is variable. Job status and project feedback is very short.
Performance management
Selection process
Familiarity and comfort ability with job. Self motivation Effective communication both orally and in writing Adaptability Knowledge about organizational process Technical self sufficiency Result orientation
FINALLY
DOING SIMILAR BUSINESS GO INTO LIQUIDATION AND A NEW COMPANY FORMED TO TAKE OVER THEIR BUSINESS,IT IS KNOWN AS MERGER COMPANY WHICH CONTROL ANOTHER COMPANY BY ACQUIREING ALL OR MAJORITY OF CARRYING VOTING RIGHT OR CONTROLLING THE COMPOSITION OF ITS BOARD OF DIRECTOR.
WHY MERGER AND ACQUISITIONS FAIL REASON FOR FAILURE:1.EXPECTATIONS ARE UNREALISTIC 2.HASTILY CONSTRUCTED STRATEGY,POOR PLANING,UNSKILLED EXECUTION.
4. POWER AND POLITICS ARE THE FORCES ,RATHER THAN PRODUCTIVE OBJECTIVES 5.REQUIRES AN IMPOSSIBLE DEGREE OF SYNERGY 6.CULTURE CLASHES
9.TRANSITION MANAGEMENT FAIL 8.FINANCIAL DRAIN 9.DEFENSIVE MOTIVATION 10 THE UNDERESTIMATION TRAN.COST
Vodafone-hutch deal Tata steel corus deal Jet Sahara merger Air india-indian airlines merger Hindalco,acquisition of novelis inc. Kingfisher-air deccan
WELL-THOUGHT OUT GOALS AND OBJECTIVE DUE DILIGENCE ON HARD AND SOFT ISSUES EFFECTIVE LEADERSHIP TAKING LESSON FROM PREVIOUS EXPERIENCE OPEN COMMUNICATION FRIENDLY CLIMATE
HIGH COMMIREMENT TO THE DEADLINE KEY TALENT RETAINED TRUST BUILDING ACROSS ALL LEVEL OF EMPLOYEES PROPER ALLOCATION OF RESOURSES ACCEPT THE UNWILLING PEOPLE AND PLAN FOR THEIR CHANGE PLANING FOR IN PROCESS AND POST UNION STEPS COMPLETED EARLY TIMELY COMMUNICATION TO
Good strategic knowledge to develop and implement the plans of M & A Effective communication skills Motivation skills Analytical ability Thorough knowledge of assessing work culture and bring the changes Planning monitoring and bringing changes effectively.