Hi Leslie,
It's been a while since I've responded here. I finally can take a breather from the personal events happening in my life.
Do you recommend change right after acquisition or wait? (What would you advise executives to consider when making this decision?)
In my experience, if you know you will be making changes, you should not wait. I would advise executives of the natural human response of the resistance to change. Waiting gives folks the opportunity to dig in and resist change. Groups of resistors can form an alliances making future change much more difficult. This is all natural human response to change.
What do you see as the pros and cons of starting integration activities right away versus down the road?
There are lots I'd list in each column. I'd say it depends on the change, but I find the pros column outweighs the cons in most cases.
What have you experienced that you would tell leaders to 'watch out' for in either scenario?
Watch out for the resistors that folks gravitate to for guidance. These folks need to be identified early so you can get their buy-in.
Thanks for posting such a great set of questions!
Teresa Gretencord
------------------------------
Teresa Gretencord
------------------------------
Original Message:
Sent: 2024-06-25 09:33
From: Leslie Ellis
Subject: To change or not to change (now) a new acquisition
Hi community!
Had a good conversation yesterday with a peer that is undergoing an integration from an acquisition his company did over a year ago. This company's leadership chose to wait one year after acquisition before making changes to the acquired organization. So the question came up, is it better or not to wait a year before making any changes to an acquired organization and let the dust settle before introducing integration activities.
I have my thoughts on this and would love to hear others input on it.
Do you recommend change right after acquisition or wait? (What would you advise executives to consider when making this decision?)
What do you see as the pros and cons of starting integration activities right away versus down the road?
What have you experienced that you would tell leaders to 'watch out' for in either scenario?
Looking forward to your insights!
------------------------------
Leslie Ellis
leslie@meaningfulchangeconsulting.com
Founder & CEO
Meaningful Change Consulting, LLC
------------------------------