With regard to international M&A activities, managing the people side is often the most critical component of the transformation process. Organisations don’t change from one day to the next, people change it day by day. It is the cumulative impact of individual change that brings about organisational and cultural change.
In the process of mergers and acquisitions, most employees need to change the way they work, some might even have to move to another city or country. And most likely new diverse teams will be formed working across borders, cultural differences and languages barriers.The degree to which employees are willing to change their behaviours and adopt new processes has a significant impact on an organisation’s future success.
Change management focuses on how to help people adapt to changes in their day-to-day work. Therefore, change management is also a leadership competency. Change Managers need to be able to lead a change process with commitment, sensitivity and motivation. When working with people of different cultural backgrounds, change competencies include cultural intelligence and global leadership.
Ignoring the people side of change has several negative consequences – from productivity declines, staff dissatisfaction, and increasing turnover rates to suppliers and customers experiencing disruptions. Research shows that organisations with excellent change management are six times more likely to meet their objectives than those with poor or no change management.
How To Optimise Change Management In Your Organisation
Globalisation is leading organisations and companies into cross-border mergers and acquisitions. To prosper in the global market, change management is a constant task. With Global DISC ™ corporate solution, you can measure an organisation’s cognitive diversity, the deeper layers of diversity making or breaking diverse teams, to optimise your daily change management.
Global DISC ™ supports organisations to develop more nuanced change management, ensuring that diverse employees feel valued, happy and ultimately yield the greatest return. With over 20 years of experience in crosscultural business and our global network of vetted trainers, coaches and consultants, we can provide you with a full-service implementation of Global DISC Corporate Solution plus individual coaching and training on demand. Make your company a winner in the global marketplace!