ENTREPRENEURIAL OPERATIONS
HUMAN RESOURCE MANAGEMENT
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Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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Strong focus
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Responsive management
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Sense of isolation
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No preoccupation with the merger
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Detailed explanation-1: -Cultural differences and maximizing business If two companies with distinct rules and guidelines merge, there is a high possibility of a clash happening. And when integration isn’t working it can also affect the business negatively as employees won’t be as motivated or can feel lost.
Detailed explanation-2: -Even companies with strong organizational cultures may develop into dysfunctional organizational cultures after a merger without actions to harmonize the two cultures. Mergers and acquisitions create volatile, uncertain, complex, and ambiguous environments for those trying to integrate cultures.
Detailed explanation-3: -What can go wrong with culture when two companies come together? People don’t buy in to the newly merged organization. They don’t get the right information from leaders about the purpose and plan for the deal, which leads to distrust and fear about the future. They disengage, and their loyalty to the company slips.
Detailed explanation-4: -Find common beliefs and values. Listen to employees from both companies to learn what’s important. Build communication to highlight similarities. 12-Apr-2022