Sunday, November 12, 2006

A timeless lesson, perfectly timed!

As I have mentioned in a recent post, my company is in the process of being acquired by one of the two parents in the Joint Venture that formed the company. Needless to say, it's a very busy and anxious time. Most of us are anxious about getting all the work done to facilitate closing the deal on schedule, some are anxious about job security, others are anxious about how we are going to operate post acquisition. I could blog about all three of those topics; the work involved in getting through the "deal" in a merger or acquisition is a long post all to itself - so I will leave that for another day. We'll just focus on how to get along in the new world post acquisition.

I found a great article in Fast Company that explains how WebTv and Microsoft managed the integration when WebTv was devoured my the Empire of Gates. Now don't get me wrong, this is not about how to cave into the new corporate culture - this is all about ensuring that you are doing the right things for the company AND the people. Making the right choices based on the core principles of the companies involved - examining and embracing the best things that both have to offer. True, in most acquisitions there are the "acquiring" and those being "acquired", but that does not have to equate to "winners and losers"! There is a lot to learn from each other and the best opportunity for personal and organizational success is to put aside pride and ego and dig deep into the knowledge and talent of your new found colleagues.

YOUR MISSION:

Start planning now for what you will do if your company acquires or is acquired. How will you showcase what your company has accomplished? How will you tell your story and help people see the value of the experiences, processes and people in your company.

No comments: