Surviving Mega-Mergers, Advice from Advisors
It just came to my attention that a blog on BNet UK has discussed how to survive a mega merger — the kind that everyone’s talking about after Kraft made its offer for Cadbury and now Hershey and Nestle are possibly in the fray as well. Titled ‘How to Survive a Mega Merger‘, it focusses principally on advice for the senior management and advisors, but has some tips for all employees as well.
These mega deals certainly do get a lot more press, but actually your chances of being made redundant in a very large deal may just be less (percentage-wise, at least) in the short term than with smaller deals. Most of the smaller deals will see immediate activity when the deal’s closed. People will very quickly know whether they will be fired or retained (and some are retained for a while but will be told that they will have to leave, usually after the integration is complete).
In the larger deals, these redundancy decisions usually take longer to make and then also to implement. At least this gives you some time to prepare — along the lines of what is discussed in the Surviving M&A book.
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