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Change management

1259 adjustment period Bernie Siben Category_Articles Change featured M&A

Change management

Mergers and acquisitions, among other events, can wreak havoc on firms. Keep in mind that when faced with upheaval, different people adjust in different ways. I checked Wikipedia at the start of this article, and found a broad and interesting definition for the term “change management,” as follows: “Change management is a collective term for all approaches to prepare and support individuals, teams, and organizations in making organizational changes. The most common change drivers include ... pressure from new business entrants, acquisitions, mergers, and organizational restructuring.” Having been a full-time employee in multiple firms that either acquired or were acquired...

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