People are central to success in M&A deals
The New Shape of Work interview series addresses the challenges and uncertainty in the current business environment with a focus on how to transition to a more agile workforce for the future.
At the end of 2022, CEOs and CFOs responded to a survey indicating that, despite economic concerns, one in three was anticipating increasing merger & acquisition (M&A) activities in 2023. We saw that joint ventures were increasingly popular deal structure, an increased interest in divestitures, and new attention on the integration of past deals.
In this episode Jeff Black, Mercer’s Global M&A Advisory Leader, shares what he is seeing in the M&A space. He also digs into the critical role people play in the success of a deal with organizations needing to understand the talent they have and ensure they have people with the right skills in the right roles to make any M&A deal move forward effectively. Jeff also touches on the increasingly important role that culture plays in retaining the critical talent you need.
Interesting moments:
-
Reassessing supply chains
A dynamic that we see driving a fair amount of deals is the look at supply chains. People look to reassess how global they are. Can they near shore, some of them? And that’s driving some M&A activity to get those productions set up. -
The right people in the right roles
I like to think about people as the execution engine of deals. You have a deal strategy. You have a direction you want to go. It really boils down to - do you have the right people, enough of the right people in the right roles organized in a way where it makes sense? -
Aligning cultures
When we talk about culture, it really is the rules of how work gets done. What's that work experience like for people in the workforce? Obviously, if you're taking two organizations and putting them together, there's going to be some differences right. And so recognize those differences and how you want to align them. -
The elevated people agenda
COVID elevated the importance of the people agenda. In a deal, it is important to make sure that there's appropriate execution linkage between the business deal strategy and the operating model. And then determine how are you going to link them and then execute in the talent platform?
Interview series
People are central to success in M&A deals
More episodes in this series
-
Future of workJuly 17, 2024 | 48 | 20:46In this podcast episode, explore how employee expectations and legislative imperatives are reshaping total reward strategies with the shift to pay fairness and transparency.
-
Future of work
The Journey to Agile HR. Insights from Rabobank
June 17, 2024 | 47 | 39:03Listen to Janine Vos of Rabobank share the challenges and opportunities on the path to becoming an agile HR team, and the mindset shift that was crucial to the transformation. -
Employee well-being
AI and productivity: People at the center of sustainable change
May 20, 2024 | 46 | 33:31Are we positioned to access the full potential of AI-driven productivity gains when 82% of employees feel at risk of burnout?
Related solutions
-
Attract & retain talent
Strategic workforce planning
Mercer’s strategic workforce planning solutions provide a rational business basis to prioritize, develop and fund the people practices needed to support business… -
People strategy
M&A
Driving deal value by facilitating Day 1 HR services delivery and enabling business leaders to align the operating environment with deal objectives. We do this in… -
People in M&A
Mercer recognized as M&A Advisory leader
Mercer's exceptional expertise in mergers and acquisitions was recognized as it secured the fourth position in The Top 50 M&A Consulting Firms of 2024, a testament…
Related insights
-
Attract & retain talent
Strategic workforce planning
Mercer’s strategic workforce planning solutions provide a rational business basis to prioritize, develop and fund the people practices needed to support business… -
Future of work
Workday services
Mercer helps clients accelerate their digital journeys. As a certified Workday partner we have deep expertise in business transformation, Workday HRIS and… -
Future of work
Workday optimization
Mercer helps you maximize your investment in Workday through implementation and optimization to ensure this powerful HR management software is providing maximum…
Related events
-
Attract & retain talent
Strategic workforce planning
Mercer’s strategic workforce planning solutions provide a rational business basis to prioritize, develop and fund the people practices needed to support business… -
Future of work
Workday services
Mercer helps clients accelerate their digital journeys. As a certified Workday partner we have deep expertise in business transformation, Workday HRIS and… -
Future of work
Workday optimization
Mercer helps you maximize your investment in Workday through implementation and optimization to ensure this powerful HR management software is providing maximum…