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Change management 'vital following M&A deals'

13 January 2012

Change management plans are an essential element of conducting successful merger and acquisition (M&A) deals, according to a PricewaterhouseCoopers (PwC) report.

A recent survey conducted by the organisation showed that 83 per cent of businesses believe selecting the right people to lead combined organisations is essential to a deal's success, reports Employee Benefit News.

With takeover deals becoming increasingly large and complex in scope, human resources issues are gaining prominence, with talent being recognised as an invaluable asset that is hard to replace.

Lawrena Colombo, partner at PwC's people and change practice, stated that companies must therefore create methods of fostering innovation and easing transitions via timely change management planning.

"It shouldn't happen after day one and should occur across the entire planning cycle. Companies should think about it as early as possible in their planning," she said.

Earlier this month, a report from Forrester Research highlighted change management as a key area in which skills need to be refreshed in 2012.

Odgers Interim are UK leaders in Interim Management solutions for the Commercial Sector. We have offices in London, Birmingham, Leeds, Manchester, Glasgow, Aberdeen and Cardiff as well as over 50 offices globally. We are the only Interim Management providers who are part of a top tier international executive search firm. We work closely with our executive search colleagues to find candidates who can offer short term solutions with long term benefits. www.odgersinterim.com


Categories: Functional Practices

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