Transcript Slide 1
Integration into a multinational company Wining Cultural transition in mergers and acquisitions Adi Bildner – Human Resources Israel © 2006 Hewlett-Packard Development Company, L.P. The information contained herein is subject to change without notice Managing the ‘survival syndrome’ It goes with But doesn’t go with •Creativity •Long term view •Innovation •Planning •Problem solving •Passion •Process •Genuine trust & collaboration With people outside the Comfort zone •Strong sense of identity •Scalability •Execution •Compromise / Give away •Responsiveness •Care •Operative Works effectively in risk situations but with minimum tolerance to take risks… 2 18 July 2015 Managing the ‘survival syndrome’ Survival syndrome behaviors are amplified in mergers and acquisitions situations •‘Conquered’ by the other •Threatening situation. Personal and professional •It never a merge of equals •Self esteem issues •Loosing your identity •Someone else (stranger) will decide •Not being independent anymore on our future •‘Us and them’ •Does it say we succeed or failed? •Pride – ‘Not Invented Here’ •Subjective view on company value / price. ‘We worth much more’ 3 18 July 2015 Managing the ‘survival syndrome’ Reactive Proactive Survival Growth Global mindset – being part of a global community Long term view Planning Integration Scalability Trust collaboration Influence 4 18 July 2015 Diving into scalability Most large companies buy other companies in order to have growth engines for the long run •You will not be able to ‘do it yourself’ •You will need to build trust with internal and external partners around the globe •More stakeholders would like to be part of your success •They will have to feel that they own it! •In many cases, building a scalable business means giving up on some of your tangible and intangible assets 5 18 July 2015 Redefine the role of senior management The acquisition will force management to redefine it’s role and to have in-depth discussion on: • • • • • Business Culture Risk profile (TTM vs. quality and processes) Integration Work processes − Questions that should come up: • • • • 6 Who is our staff? Who should be in our extended staff? Who are our key stakeholders? How we build alignment with our key stakeholders? 18 July 2015