HR must take the lead when businesses are involved in international mergersand acquisitions (M&As), according to research. A new guide by the Chartered Institute of Personnel and Development (CIPD)said the early involvement of HR expertise – particularly in the appointment ofa post-merger integration manager and team – is key to minimising the risks topost-merger business performance. The report, International Mergers and Acquisitions, said that success ininternational M&As is often hampered by a workforce that is not committedto a future with the new business, and poorly informed management decisions andbehaviour. The loss of key talent, high levels of internal conflict and an inability toattract new talent are also problems that HR can be key in solving, claims thestudy. CIPD international manager, Frances Wilson, said the active involvement ofHR throughout the process is critical, and companies should beware ofmisunderstandings brought about by local stakeholder influences and culturaland legal differences. “The result can be costly mistakes, corporate clashing and ultimatelypoor integration,” she said. “HR will bring a management focus topotential problems that arise during a merger or acquisition, includingresistance to change, poor communication and declining employee morale.” www.cipd.co.uk/infosource Previous Article Next Article HR’s early involvement in M&As is vitalOn 14 Oct 2003 in Personnel Today Comments are closed. Related posts:No related photos.