It's a scene that happens thousands of times a year. A group of business leaders start to formulate a vision for what two companies can do better together, rather than apart. The vision grows and key decision makers start to buy-in. A flurry of activity follows; hiring strategy consultants, negotiations, due diligence, corporate filings, and public announcements. However, all of this activity merely brings the companies to the threshold of implementing their shared vision. Merger integration is where deals fail or succeed.
There are many nuanced reasons why up to 80% of mergers fail to meet their stated goals. OrganizationWeaver is not able to tackle all of the reasons, but it can help address one of the most important factors: creating an optimal organization that can focus on achieving the strategic vision.
Problem
Integration problems arise and revenue goals can’t be met as quickly when the process of creating an optimal organization isn’t supported properly. Often, an integration project relies on inefficient tools, processes, and teams that are:
- unable to handle large amounts of data and decisions efficiently
- unable to provide a complete progress overview
- unable to take advantage of best practices
- unable to efficiently return the focus to revenue-generating business
- unable to avoid frustrating employees
These inefficient tools, processes, and teams greatly increase the organization's exposure to risk. Left unchecked, these risks can lead to integrations that go over time, over budget, and lower morale.
Serious risks to avoid:
- Is sensitive employee information only available to authorized personnel?
- Are hiring practices transparent and legally defensible?
- Do employees have an incentive to engage in the new strategy, instead of becoming fed up with the process?
- Are the right people in the right places, or are they being placed based on political wrangling?
Solution
OrganizationWeaver is a comprehensive solution that minimizes the problems that occur while an organization and its employees are going through the transformational changes of a post-merger integration.
Employee engagement
Engaging employees throughout a process that is typically met with doubt and uncertainty is a difficult, but extremely important goal. Employees that trust the process and can communicate their career preferences are much more likely to engage in making things work. If the process does not engage employees, then it can quickly devolve into mistrust, gossip, and political wrangling. However, when thousands of people are trying to be heard, there has to be efficient processes and robust tools in place to manage the flow of data and decisions.
Efficient Processes
Our processes and algorithms are able to effectively match company needs with employee preferences to get the right people in the right positions. And equally importantly, we have a solid baseline of processes that can be further customized by the integration team.
Robust Tools
Our 3 software modules are built to handle huge data sets with end to end encryption and granular access control. Our solutions minimize duplicate work, have complete reporting and measurement tools, and have an easy to use interface.
Dedicated Team
With efficient processes and robust tools, the personnel needed to build the optimal organization is minimized. Instead of every managerial level choosing their employees, a central team can gather and organize all of the relevant information and match the best people to the company’s needs. This allows the rest of the organization to focus on the business of business.
Minimize Risk
OrganizationWeaver is able to minimize risk to a manageable level that won’t threaten the success of the entire integration. Security risk is reduced because we have end-to-end encryption, access controls, and no data is stored on user computers. Legal risk is reduced because all hiring processes are transparent, and decisions are auditable. Human Capital risk is reduced because key talent throughout the organization can be engaged and retained.
Ultimately, our solution’s value lies in the ability to get to an optimal organization as quickly and completely as possible. With an optimal organization, the rest of the integration tasks can be tackled aggressively. With every integration task that is completed, more of the organization turns fully to focusing on the strategic initiatives that set the new organization in motion in the first place. With a strategic focus, the organization can meet its financial goals.
What value can be placed on getting a company back to a strategic focus quicker? If our solution can help an organization meet their financial goals 1, 3, or 6 months faster, we believe OrganizationWeaver has a significant value proposition for post-merger integrations.
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