Retaining Talent And Expertise
Mergers and Acquisitions present stellar opportunities for businesses, but sometimes poor preparation can dampen success. A common mistake is poor due diligence and the assumption that a banking takeover is all about finance or laws, paying too little attention to staff issues.
In many businesses staff expertise is a major facet of the attractiveness of the deal, yet far less thought goes into retaining the talent and encouraging it to deal with the changes ahead. This piece from Small Business Chron summarises the pitfalls that can come up. If you are interested in preparing for effective HR due diligence or any other area of HR organisational planning get in touch with Cerulean.
Source: Small Business Chron
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