If there’s a merger or acquisition in your company’s future, a well-laid-out employee communication plan is the key to pre-empting the formation of a rumor mill. In the absence of planned announcements and regular updates, the resulting “information void” could quickly be filled with fear-driven assumptions and negative gossip.
From a human resources standpoint, there are effective strategies for minimizing the disruptive effect that mergers and acquisitions can have on employee morale and retention. Key objectives should include transparency, controlling the narrative, and staying ahead of the curve. Those priorities are among the ingredients of a smooth organizational transition. Addressing employee concerns early on should also be a focal point of an effective company-wide communication strategy.
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