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The Difference is in the Design |
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Merger Madness: How to Keep from Losing Survivors The merger is final. The stockholders are happy. The new executives have reorganized the company, eliminating redundant positions and providing laid-off employees with outplacement services. Its business as usual Or is it? After a merger, the organization and its culture are in chaos. The survivors aren't sure about their jobs and their workload. Employee morale and productivity quickly decline.What went wrong? Why aren't employees grateful that they still have jobs? "There is a big difference between what employees want and what management thinks that they want, " says Benita Ugoline, Director of Consulting Services for a career transition services provider in Kansas City, MO. "Employers tend to ignore survivors during a merger. Thats a big mistake." Common mistakes and how to correct them Let's look at some common mistakes that employers frequently make during and after a merger.
Ugoline says that employers should take action to re-motivate and retain survivors so they can quickly return to productivity. These actions include:
Communication is the key. "Survivors are confused about the focus and mission of the company, " says Lynn S. Nemser, SPHR, who is with Partners in Performance, Inc., a human resource and management consulting firm in Pittsburgh, PA. Nemser recommends communicating the short-term goals and the future of the organization frequently and in various ways, such as holding a town hall meeting, using e-mail and having face-to-face discussions. Managers should also recognize that survivors are dealing with grief and loss after layoffs. "Don't have a pep rally too soon after downsizing, " she advises. Be visible and leave your office door open. Ways to retain survivors After a merger, it's common for some of the top talent to leave the company, taking their experience and knowledge with them. According to Robert J. Grossman in his article "Damaged, Downsized Souls: How to Revitalize the Workplace" (HR Magazine, May 1996), survivors leave because they don't have faith in the strategic direction of the company or they don't care for the new leaders. Survivors have more options in a tight labor market and replacing them will be tough. Here are some things employers can do to retain them ("Help! I Shrunk the Company" HR Magazine, June 1999):
Employers who hire former employees as contractors should be aware of the impact on the workplace. Resentment of former coworkers can cause class systems to form and lead to dissension between survivors and contractors. By paying attention to the needs and morale of survivors, employers can retain their best employees and ensure productivity after a merger. (Want to be a survivor? Go to Merger Madness: Survival Skills for Training Professionals for some tips for increasing your chances of surviving a merger.) Like this article? Check out other Timely Topics. Timely Topics is written by Audrey Choden. Please send
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