When to involve target company managers in integration
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Are there any thoughts on best practices on when to engage the target company’s employees in the planning of the integration the two companies?
Hi Tim,
Engaging the target company’s employees early in the integration planning is key. Start communication as soon as the deal is announced to build trust and reduce uncertainty. Involve key leaders from the target company in planning discussions to leverage their insights. Form cross-functional teams with members from both companies to address integration challenges and ensure diverse perspectives. Provide regular, transparent updates on integration progress to keep everyone informed and engaged. This approach helps align goals, reduce resistance, and ensure a smoother integration.
Hi Tim, I agree with Jessica…engaging the target company’s employees in the planning of the integration process is crucial for a smooth transition and successful merger.
I think it is important to do it starting from the due diligence phase to gather insights about their culture, processes, and potential integration challenges. This helps in creating a more informed integration plan.
In the post announcement phase, engage employees as soon as the deal is announced to address uncertainties and provide clarity about the integration process. Early communication helps build trust and reduces anxiety as we studies in our courses.
And as Jessica said, form cross-functional integration planning teams with employees from both companies to fosters collaboration too.
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