As mergers and acquisitions continue to be a reality of the global economy, operations managers must find successful strategies that transform former competitors into team players. Managers who base their transition strategy on team-building will position themselves to navigate the inevitable twists and turns.
Pioneer USA, Houston, has been involved in acquisition for almost 20 years. Pioneer managers use four simple guidelines to help smooth cultural issues.
- Have a team-building plan – and stick to it.
- Be positive.
- Ask for help.
- Be open to change yourself.
Completing an acquisition is much like getting married. As with a strong marriage, it takes time, communication and effort to nurture the relationship. Also, like a great marriage, it is an opportunity to make a strong and positive impact on individuals involved.