Podcast: Jonathan Bennett on The Human Cost of M&A: Anxiety, Culture Clash & Transition Management
Show notes: Mergers and acquisitions (M&A) often lead to significant employee turnover, morale decline, and productivity loss. Studies reveal that within just 24 months post-M&A, 50% of employees leave, while 70% experience a morale dip. Productivity can plummet by 20-30% in the short term due to heightened uncertainty. About Jonathan Bennett Jonathan Bennett, a seasoned advisor and executive coach, specializes in guiding founders, CEOs, and C-suite leaders towards overcoming their organization's most formidable challenges while staying true to their purpose.
What We Discussed in the Episode on the Human Cost of M&A:
How would you describe an M&A going wrong from a human perspective?
What are some common emotional stages employees go through during an M&A, and how can companies manage them effectively?
How can companies effectively communicate the M&A to employees and address their anxieties about job security and future roles?
What are the biggest challenges companies face in merging different work cultures after an M&A? - What are the key steps involved in successful change management during an M&A?
Can you share any success stories of companies that have navigated the emotional journey of an M&A particularly well?
What advice would you give to leaders who are about to embark on an M&A journey, specifically regarding managing the emotional well-being of their employees?
