I read an interesting article about involving employees during merger & acquisition – a report by Gallup.
One of the key issues that employees talk during merger or acquisition is “Will I be ok post the M&A?”. For those who are actively involved in the M&A process this may not be a worry, but for most of the employees it can be an issue.
In India employees don’t speak up that easily, I have made it a point to be as communicative as I can.
If you don’t engage the key employees their insecurity can prove to be expensive. You need to share what is just necessary, else you will be busy handling all the rumour mills. During M&A (or fundraise) process at times you get to see the true colours of the team. If you identify a rogue employee, fire immediately irrespective of how senior or important he or she is.
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Really Good article................