Five Simple Steps to Engage Stakeholders in Change Initiatives
It’s not uncommon for an individual or a group of likeminded people to come up with ideas for a change initiative within the organisation that will look to shape or reshape a concept of a set of actions. Often, they form a company that encourages people with the shared interest to put forward their ideas leading to the development of a proposal, which, once clarified, forms the basis of a detailed plan of action.
Strategies to manage change during M&A
Change is at the core of mergers and acquisitions (M&As) for the acquirer. Growth is typically a huge part of an M&A, and growth, even when it’s on its own, means change. A change to processes, a change to staff in some cases, and hopefully a change to your revenue.
Merging company culture – How to manage two companies coming together
Often, companies will join forces. The marketplace today lends itself to this, because some companies are finding the only way they can survive is by adding value, and so executives are pursuing mergers, acquisitions and joint ventures at an increasingly popular pace. That said, companies have lost value for shareholders.
Collaborative approach to change management during your M&A transaction
Choosing to merge your company with another or acquire an entire new one is a big decision and, whether your […]
We reveal all the ways you can exit your business
Pre and post mergers and acquisitions (M&As) bring many opportunities and challenges for supply chain leaders, who have been tasked with integrating the best of both entities whilst maintaining the operation and running of the business in all areas.
Merging two distinct organisational cultures
Organisational mergers are not always easy. Being able to unify them can be quite tricky. Often issues can arise when it comes to merging company culture. The key to this is ensuring that the two cultures - however distinct they may be - become one, however this may be harder than you think. Mergers are arising more often than ever for many reasons, most commonly to give companies a good chance of survival, but also to get ahead of the competition.
What can go wrong in a Change Initiative if testing isn’t done right?
Are you having a hard time measuring the effectiveness of business change initiatives? If so, rest assured testing is something even many businesses have difficulty executing correctly.
Key factors to consider before purchasing a business
Pre and post mergers and acquisitions (M&As) bring many opportunities and challenges for supply chain leaders, who have been tasked with integrating the best of both entities whilst maintaining the operation and running of the business in all areas.
6 steps to engaging employees through challenging times of corporate change
Corporate change can be very stressful and uncertain for all those involved. Understanding the importance of the role your employees need to play is hugely important. Having everyone on board with the change and striving for the overall aim is key to success. Engaging your employees through the most challenging times can be very difficult if you are not prepared for it.
Positioning your business for acquisition
So, you have your own business and are looking to sell. First of all, you’ve done an amazing job getting […]
Selling your business: Documents you need
When it comes to selling a business, preparation is everything. It is critical to ensure that management information is current, […]
Change Management and M&A Examples
Mergers and acquisitions are a big part of the business world and they keep the industry moving and changing. Every […]