Surviving a corporate marriage

More companies are considering mergers and acquisitions as one strategy to cut costs. Cutting costs, however, can mean reassigning employees or announcing layoffs. Proactive measures for surviving a merger include the following: 1. Get a sense of the big picture. 2. Take the initiative. 3. Use time...

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Published in:Black enterprise 2002-02, Vol.32 (7), p.66
Main Author: Valerie Gray Francois
Format: Magazinearticle
Language:English
Subjects:
Acquisitions & mergers
Career changes
Cost reduction
Employees
Guidelines
Layoffs
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container_title Black enterprise
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creator Valerie Gray Francois
description More companies are considering mergers and acquisitions as one strategy to cut costs. Cutting costs, however, can mean reassigning employees or announcing layoffs. Proactive measures for surviving a merger include the following: 1. Get a sense of the big picture. 2. Take the initiative. 3. Use time and energy wisely. 4. Handle the stress. 5. Prepare for the worst.
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source Business Source Ultimate; ABI/INFORM global
subjects Acquisitions & mergers
Career changes
Cost reduction
Employees
Guidelines
Layoffs
title Surviving a corporate marriage
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