MERGERS
New report on managing international mergers and acquisitions
The Chartered Institute of Personnel and Development has launched a new case study-based report on the management of international mergers and acquisitions.
It suggests that people management policies are critical to bridging the cultural divide between organisations and ensuring the merger’ s viability and success. The report is co-sponsored by the CIPD, Mercer Human Resource Consulting and PricewaterhouseCoopers Human Resource Services.
According to the report the nationality of the acquirer has a significant impact on the host organisation and thus underlines the importance of getting the cultural dimensions right.
It highlights five HR policy areas as key to integrating cultures successfully. These include:
A final word
"The report shows that management and HR need to focus on the people dimension at the earliest stage to ensure that workers do not become alienated by the cultural divide that can exist between organisations. As merger activity looks set to pick up in line with the economic upturn, the report offers some timely guidance to those involved in such activity, including those on the Board." -- Frances Wilson, CIPD international manager.
Want to know more?
Title: HR’ s Contribution to International Mergers and Acquisitions, Chartered Institute of Personnel and Development.
Availability: You can order CIPD books from tel: 0870 800 3366, from business bookshops or via the CIPD web site at www.cipd.co.uk/bookstore
The Chartered Institute of Personnel and Development has over 118,000 members and is the "leading professional body for those involved in the management and development of people". To find out more visit www.cipd.co.uk
Posted 21 November 2003