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Choosing HR profession as your career –. Opportunities / Challenges in Globalization May 2, 2014. Opportunities / Challenges from M&A. Opportunities and development of your career in HR professional – growth along with your organization Nature of the organization
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Choosing HR profession as your career – Opportunities / Challenges in Globalization May 2, 2014
Opportunities / Challenges from M&A Opportunities and development of your career in HR professional – growth along with your organization • Nature of the organization • Business/Product Cycle – Stage of the cycle • Organic Growth or Growth by Acquisition • Growth by Acquisitions – Technology, Products, Revenue, Profit Margin and Market Shares • Challenges on merger and acquisitions: • Repositioning of the business cycle and business strategy; • Change and expansion of the product lines; • Change in number of employees and the talent requirement; • Presence in new, emerging and multiple geographic locations; • Presence in union environment; • Facing cultural differences and different legal requirements • All in all the human capital strategy is to secure; manage and motivate a new workforce that can execute the business strategy and sustain the growth of the profitable business.
People Issues and HR Role during M&A • Top people issues¹ during M&A activity are: • Organizational cultural differences • Human capital integration issues • Lack of employee engagement • Leadership management retention issues • HR’s role during M&A: • Continue to provide day to day service and operation to keep the company running • Support the critical people-related merger integration needs for the entire organization • Integrate and prepare its own function including consolidating polices, process, programs, systems and staff • M&A led HR transformation: • What HR capabilities are required to support the M&A growth goals? • What HR technologies are needed to effectively and efficiently manage the increase volume of HR data and transactions in an expanded global footprint? • What HR services are needed to acquire, develop, and retain the new and critical talents? • What skills and experience will HR staff are needed to support the continued changes of business strategies? ¹Economist Intelligence’s M&A Survey 2013
