The Human Resource department acts as a trusted adviser to the employees of an organization along with the management who intend to enter to an M&A deal.
The wave of mergers and acquisitions in India has been enabling businesses to achieve significant competitive advantage in the market, thus making M&A the fastest tactical preference for global players as well as start-ups. The highly competitive global environment has made Mergers and Acquisitions (M&A), a common phenomenon for big and small businesses throughout India. M&A deals are an effective growth strategy for companies that help in:
- Multiplying capabilities
- Sharing proficiency, and
- Enhancing market share
The Human Resource (HR) department plays a pivotal role in the process of merger and acquisition between two companies. While mergers and acquisitions are considered an essential part of a company’s growth strategy and carried out for beneficial reasons, a messed up and weak understanding of HR issues often stands as an obstruction that results in failed mergers. Thus, HR plays a key role in managing all crises as well as disputes that may crop up in an organization, as and when the process of merger and acquisition sets off.
The Human Resource department acts as a trusted adviser to the employees of an organization along with the management who intend to enter to an M&A deal. In fact, the Human Resource team of an organization plays a dynamic role of leadership during any merger and acquisition.
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