MERGERIrv Holmes

5 Tips for a Successful

Defining Merger

5 TIPS FOR A SUCCESSFUL MERGER

01

A merger is defined as two or more

businesses coming together to form a

single entity.

Benefits of Merger

5 TIPS FOR A SUCCESSFUL MERGER

02

Mergers are popular because they allow

competing businesses to:Increase productivity

Cover a larger share of the

market

Multiply profits

The Downside

5 TIPS FOR A SUCCESSFUL MERGER

03

Mergers are not always successful for a

number of reasons, including lack of

preparation for navigating the new

relationship.

The Solution

5 TIPS FOR A SUCCESSFUL MERGER

04

I've created this presentation to provide

simple tips that will help facilitate this often

tricky process.

1 Make personnel changes early

Alert employees of your plans to let

them go. Provide resources to assist

with termination, and make layoffs

early in the transitioning process

2 Retain greattalent

Make every effort to retaining your

brightest stars; allay any concerns of

being let go as well. Communicate

with and prepare them for changes to

their current responsibilities

3 Redefine company culture

Sit down together and find ways to

share, learn about and compromise

on a new, conjoined culture to be the

foundation for the organization going

forward.

4 Re-assess andprioritizeprojects

Take a long, hard look at desired and

goals and determine how best to

approach them in a way that is

financially sound and to the benefit of

all stakeholders.

5 Communicateopenly and often

Build a solid, professional

relationship, so that in the presence

of problems, both teams can discuss

them, strategize and nip it in the bud

for the sake of the team.

THANK YOUFor more information, visit:

www.irvholmes.net