Tips To Keep In Mind during Mergers and Acquisitions

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mergerMergers and acquisitions take their toll – it’s that simple. They’re always going to be strenuous for owners, buyers and workers. This is how to survive them.

Stay Positive

Whenever decision makers decide who’s going to stay and who’s going to go, one of the key factors is going to be competence – but attitude will definitely be considered, too. All things equal – and even if a bit unequal – employees who remain positive and engaged throughout the process will frequently be favoured over those who don’t. The first ones to go are often the complainers and moaners.

Even if you feel uncomfortable with the merge, you should do your best to save complaints for when you’re home. At work, remain focused on work and don’t mention it.

Don’t Be A Laggard – Be An Early Adopter

Show that you’re on board with the changes being made. Get involved and be proactive with initiatives that will help your company move into its new state. If your company asks for a volunteer to give merger-relevant learning sessions during lunch time, sign up and lead it. Your organization might be searching for individuals willing to join a task force to facilitate the merger – so do it.

Broadly speaking, you need to look for opportunities to be viewed as someone on their side, get noticed, and, of course, step up.

Be Flexible

And inflexible attitude will definitely be problematic for your M&A deal process. You might be left in the dark – with lots of upheaval and uncertainty. This is going to create loose ends, as well as temporary task forces, and may assignments should be needed. Individuals who are inflexible or not willing to get their hands dirty for a while end up becoming a problem to the organization. One of the easiest ways to increase your odds in such as situation is to be as flexible as you can throughout the process.

Build Good Relationships

This may seem obvious, but research shows that people recommended by an influential individual to a job are significantly more likely to get invited to an interview, and be offered the job when compared to those who don’t have a recommendation. Even if networking is not something that appeals to you, you will have to embrace it during this phase of the deal. Build relationships, forge alliances, demonstrate value, and try to get some colleagues on your side – particularly senior level ones, if possible.

Be Aware Of What’s Going On

Many things can go wrong during a merger or acquisition, and it’s very important that you understand where problem spots lie if you want to be in a good position to sail through then smoothly and guarantee your survival. M&A often has problems with staff and morale, financial difficulties and cyber security risks. Even though tech has changed mergers, you need to know the risks. Understand where these issues lie and you’ll have a lot more control when you need to deal with them.

Prove you’re Invaluable

Throughout the process, it’s very important that you show you’re invaluable to your superiors. When companies have to choose, they will ultimately pick the greatest contributors in term of technical skill and positive attitude – not the ones who are easy to replace.

Make sure you have an elevator pitch prepared. Be ready to share it with influences and decision makers whenever necessary. In the pitch, you should outline your key skills and positive differentiating qualities that’ll convince them that you’re valuable.

With these five tips in your mind, you should have all you need in order to maximizing your survival chances for the M&A deal. Make sure to read through each of them until you have internalized the suggestions and their reasoning, so you’ll be able to naturally incorporate them into your behavior. Good luck!

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