Three reasons why bringing Ombuds programs to middle market private equity firms that favor organic growth is critical right now: Post-merger integration, organic growth and Boomers. Cultural Fit Up to 90% of mergers fail and many because of cultural incompatibility. Private markets struggle with how to assess and manage culture. Post merger, Ombuds encourage collaboration, communication and understanding by assisting both the acquirer team and target team to recognize the ...
What does a neuroscientist have to say about stress impacts organizational wellbeing that you haven't heard?
The chief people officer said, ‘we have that already’. Recently, I spoke with an entertainment company about installing an Ombuds program. As I shared the Ombuds role, the chief people officer stopped me. He said, we already have that. Curious, I asked a few more questions. While the concept of an organizational Ombuds has been around since the 1960’s,very few companies today know what an Ombuds is, much less, invest in this valuable organizational wellbeing ...
We can probably all agree about the challenged faced during the post-merger integration period. But did you know there's a new approach for working through culture issues.
How will the draft guidelines impact you?If you have an acquisition growth strategy, this new approach and focus on approving mergers and acquisitions may slow you down.What can you do?Be much more intentional about post merger culture compatibility issues. Why?With a fully engaged, trusting and drama-free workforce, you actually get the deal value and synergies you wanted.An Ombuds program helps you achieve that and more retention. Read the article
More specifically, create vehicles that demonstrate employees can trust you during and after the transition.
There are excellent reasons to implement a program at some point. What makes Ombuds relevant right now? Here are 3 reasons to invest in Ombuds that you might not have considered yet. Recruitment/Retention Pundits who predicted a recession touched off an avalanche of layoffs. Companies need their remaining employees to work harder, which in the current climate causes burnout and turnover. Investing in an Ombuds program now is an excellent solution, for not only riding out the recession, ...
What is an Ombuds and how do you define the role?