What are the other major challenges in developing a business-aligned HRM strategy post mergers & acquisitions?
The major challenge in developing a business-aligned HRM strategy is the availability of accurate information regarding people at the time of the deal. Very few companies in India conduct an HR due diligence during the investigation of the prospect. Hence, information related to leadership capability, talent, culture, HR policies is not available to enable HR to take informed strategic decisions. Companies should use HR due diligence effectively to identify issues related to leadership, retention of talent, me issues, integration risks, culture dissimilarities. From a people perspective, the majority of problems stem from a lack of clarity on this issue. For example, there may be little or no change required if the acquired company is to function as an independent unit. However, where moderate or complete integration is to be done, a number of initiatives need to be taken across the organisation to integrate the companies involved in the deal. What are the initiatives in Organisational