Third Party HR Experts Best Manage Change/Risk in Mergers & Acquisitions

Our CEO delivered an opening address to 115 CEOs and business leaders at the MMAC/COSBE Executive Roundtable Forum, held at the University Club in Milwaukee, WI.  The forum's topic was "Business Growth through Acquisitions" featuring esteemed panelists George Dalton, Founder of NOVO 1 and Fiserv, Inc.; Scott Bushkie, President and Founder of Cornerstone Business Services; and Linda Mertz, President of Mertz Associates Inc.  Excerpts from that 2006 address follow.

We all know that people issues will make or break the M&A deal!  For those of you involved in a merger or acquisition, please be aware that HR consultants and outsource partners offer value that internal HR experts simply can't provide.  Some of the most popular roles include:   

1. Deciding who will go and who will stay, and how individual roles are changed.

2. Objectively building and structuring the new HR team.  Who reports to whom?

3. Objective 3^rd party mediation for opposing viewpoints in blending companies.

4. Merging cultures and managing expectations.

5. Providing auxiliary resources and specialists where only short term need exists. 

6. Facilitating change management by bringing to the table experience in each of the new initiatives created as a result of that change.

7. Via objective 3rd party expert credibility -- helping you gain the trust and buy-in of the work force, the heart of the company, the eyes and ears of the company, the people who will make it work or fail.

HRS has worked solidly in merger and acquisition activity for nearly ¼ century.  The need to develop and implement strategy emerges well before the transaction or even the courtship.  If you're thinking about selling or buying, there's work to be done well in advance!  External experts are also an excellent tool for "dressing a company for sale."  Please contact us for more info.  

Corporate leaders from the following were in attendance:  Absolute Technology Law Group, Account Recovery Service Inc., Action Coaching, Alpha Omega Cleaning, Bottom Line Marketing-Public Relations, Brian Spoerl Realty Group, Business Resource Associates, Clean Power LLC, Coakley Bros Co., Coakley-Tech LLC, Cornerstone Business Services, Cornerstone Consulting Inc., Creative Business Interiors Inc., Diversified Insurance Services Inc., Doig Corporation, EMTEQ Aerospace/Lighting & Cabin Sys, F.J.A. Christiansen Roofing Co. Inc., First Edge Solutions, General Rubber Company, Good Electric Company, Gross Automation, GSI/Geo-Synthetics Inc., Harrington Daniels Advisors LLC, Heritage Printing, Human Resource Services Inc., Hunter Group Inc., Innovative Signs Inc., JADE Technologies Inc., Keller Inc., Kohls Group, Lauber & Company Inc., Maglio & Company, MAXIMUS Inc., Mertz Associates Inc., MMAC, Mortenson Matzelle & Meldrum Inc., Novo 1, Openfirst  LLC, Ozaukee Bank Business Center, P S Capital Partners LLC, Pavek Investments Inc., Process Displays Inc., Productive Data Corporation, Quadra Incorporated, Right Choice Janitorial Supply, Riteway Bus Service Inc., River Run Computers, Roethel & Associates Inc., S M Advisors Inc., Schmelzer Consulting Services LLC, Schooley Mitchell Telecom Consultants, S-F Analytical Laboratories Inc., Small Business Times, Spin Group Inc., Staples Marketing Communications, Storage Systems Midwest, Stowell Associates & Select Staff, Suby Von Haden & Associates S. C., Summit Group LLC, Sun Cleaning Systems Inc., Techworks LLC, The Mark Travel Corporation, Vernal Management Consultants LLC, Wagner Falconer & Judd Ltd., Whyte Hirschboeck Dudek S.C., Wisconsin Leasing LLC, Wolf Paving Co. Inc.