P. B. Nageshwar
What goes on when a combined entity is left with two marketing managers or two revenue heads? Great example is the Alcatel-Lucent merger. During the merger, the smooth settlement of HR issues was together with the schedule for the two companies. They decided to cope with both pre-merger and post-merger integration concerns by holding a series of conferences between the best HR professionals at the two companies. Issues such as wages and rewards, designations, and other sensitive structural matters were discussed extensively. Everything was planned around the Day 1вЂ”December 1, 2006вЂ” the day when the merger would become successful. Says Ronald D'Souza, HR Head, Alcatel-Lucent India: " We knew that on Day one particular, the company may have two mature executives planning the same function. So , all of us decided that the best guy would carry on and hold the status and the different one would end up being either provided similar alternatives in parts such as China or Singapore or end up being asked to sit back pertaining to sometime before we discovered the right chance for him/her. вЂќ
And this is exactly what exactly occurred after the merger. The company as well made it crystal clear that it would not have methods to every trouble; so people who had significant problems adjusting to the post-merger situation received time to go forward.
Smart planning followed the initial communication. Ahead of the merger, Alcatel was a significant GSM participant and Lucent a dominant CMDA gamer. " In order to retain the finest human capital with us, the company tried to impart specific skills to personnel on the best technologies of both the combined companies so that they could focus on projects effectively, вЂќ says D'Souza. Having the point across
Within an M& A scenario, there is nothing called enough communication. Says L. B. Nageshwar, Head (Human Resources), Smith Lang LaSalle Meghraj: " When we decided to go for a combination, employees had been anxious of the future. Whilst it was not conceivable to satisfy everybody, sufficient proper care was takenвЂ”by way of using a scientific, studied approachвЂ”to plan jobs for them based on the new environment and the aspirations of individuals. вЂќ Jones Lang LaSalle combined with Trammell Crow Meghraj in 2007. The company attempted to take the critical talent pool into self confidence before, during and after the merger.
Confirms A. V. K. Mohan, Group Director (Global HR), Spice Corp.: " Various M& While have not achieved their goals because mature managements failed to pay enough attention to the various human resource problems involved. вЂќ Mohan was part of the Piquancy team when Idea Cellular acquired a controlling risk in Piquancy Telecom's Karnataka and Punjab circles. He was also the organization Head (HR) with Digital GlobalSoft when HP attained Digital GlobalSoft in 2003. What's essential is that " good managers spend around 50-60 per cent of their time conntacting employees, вЂќ says Mohan.
Alcatel-Lucent's vision should be to enrich someones lives by simply transforming the way the worldВ communicates. Alcatel-Lucent provides solutions that allow service providers, enterprises and governments worldwide, to offer voice, info and online video communication providers to clients. В As being a leader in fixed, mobile phone and converged broadband access, carrier and enterprise IP technologies, applications, and services, Alcatel-Lucent provides the end-to-end solutions that enable compelling marketing communications services for folks at home, at the office and on the move. В
With more than seventy seven, 000В employees and operations in more than 140 countries, Alcatel-Lucent is a community partner with global reach. The company has one of many largest exploration, technology and innovation businesses focused on marketing and sales communications вЂ” Alcatel-Lucent Bell Labs вЂ” as well as the most knowledgeable global companies team on the market. Alcatel-Lucent achieved adjusted revenues of Pound 16. 98 billion in 2008, and is incorporated in France, with headquarters in...