Essay About Human Resources And Estimate People-Related Transaction Costs

Leveraging Hr
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Leveraging HR
Human Resources can add value to the M&A life cycle in the following ways:
# Pre-deal
– help to identify issues/planning due diligence
– plan due diligence for people/organization cultural fit
– help to educate the “deal” team
– help to develop acquisition guidelines
– Due diligence
– estimate people-related transaction costs
– estimate people-related ongoing costs
– identify/assess cultural differences
– estimate people-related savings
– recommend HR policies and programs
– validate intangible assets
– assess costs of integrating HR systems
# Integration planning
– develop strategies for employee communications
– design programs to retain key talent
– plan and lead the integration effort
– develop total rewards strategy for new entity
– help new organization cope with change
– define organization blueprint and staffing plan
– monitor employee attitudes and engagement
– manage selection and placement process
– manage de-selection/outplacement process
– outline people goals and guiding principles
– form people-integration teams
– help to manage labor relations
– advise on productivity/workforce synergies
– recommend assessment/selection method
# Implementation
– align HR policies, programs, and practices with business practices
– monitor progress of people-related synergies and ensuring workforce
momentum is sustained
– ensure incentive programs are designed to reward executives and key employees for achieving the goals of the merger