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Effective Change Management Strategies for Mergers: Key Steps and Best Practices

Learn essential strategies for successful mergers in this workshop. Explore key change management issues, actions to address them, and factors from good practice and case studies. Discover why merging is crucial and how to gain support from all stakeholders.

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Effective Change Management Strategies for Mergers: Key Steps and Best Practices

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  1. ESMU Winter School 2nd Alumni Seminar/Bologna/November 2004 Workshop 1 Merger of Units

  2. What did we do • Discussion of three main topics (i) Key Change Management Issues likely to arise (ii) Possible Actions to adress those Issues (iii) Key Aspects of good practice considering a brief case study and our own experiences with Mergers

  3. Why Merging? • To convince others the Change Management Team must be convinced itself • Start with a proper Analysis of advantages of the Merger, involve critics and learn from them about possible disadvantages • Build a consenus of the Leaders and Key Players of both institutions

  4. Human Relations • Make People Owner of the Change Process • Build Teams from both Institutions and different parts • Be honest and consistent (danger of „double bind“) • Establish new Opportunities (for people commited bou also for the „loosers“ of the Merger)

  5. Communication • Develop a Strategy of Communication for both internal and external Stakeholders • Practise „Informed“ Communication: Be sure to know about the results of the programmes and projects of the Merger as good as the different stakeholders do • Try to have „consistent“ Messages, be honest to yourself and within the „inner circle“

  6. Resources • Be sure to have the resources you need to invest in the Merger: Additional personal to help restructuring and training, time and money

  7. Project Management • Good and Professional Project Management is vital: Train your own people and think about hiring people who have skills your own institutions have to build up • Organize the Merger in Steps and Projects that are realistic and reachable • Build Teams that have the Potential to be the first succesful examples of the cooperation of the new institution

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