Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

Need help in rewriting this in my own words please Actual Outcome As the process of the acquisition played out, there was a time when

Need help in rewriting this in my own words please

Actual Outcome

As the process of the acquisition played out, there was a time when it was determined

that locating a potential alternate buyer could turn out to be beneficial to the company. As it is

seen now, that was a beneficial step to take since the original desired buyer ended up backing

out. One of the original goals was to keep as many employees with the company as possible to

ensure the integrity of the company would remain. This would also show the potential buyer that

this asset of the company would remain intact and worth something. While the company and change management team was mostly successful in this goal, there was still a loss of 5% of the

employees by the end with still more concerned about their jobs moving forward. This fear

indicates that the goal to keep the employees they had may completely fall apart before the

acquisition is complete.

When reviewing what happened and what could have been done differently to produce an

alternate outcome, it is important to remember that there is no guarantee a change in any portion

of the acquisition would have determinately resulted in the desired outcome. The desired

outcome in this situation relied heavily on the desire of the acquiring company. This is something that can be influenced by our company but not controlled. Perhaps one thing that could have led to a better understanding of what the employees thought would have been to survey them specifically about the acquisition. By understanding their anonymous thoughts on the project, the company may have been able to better prepare them for the change as well asreact to their thoughts and prevent them from leaving.

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image_2

Step: 3

blur-text-image_3

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

Land Law

Authors: Mark Davys

11th Edition

1352005190, 978-1352005196

More Books

Students also viewed these Law questions