• Skip to primary navigation
  • Skip to main content
  • Skip to primary sidebar
  • Skip to footer

60 Degree

60 Degree

  • Home
  • About
  • Lifestyle
  • Money
  • Travel
  • Business
  • Investing
  • House
  • Health
  • Blog
  • Contact Me

Boris Blanche on Motivating Employees During Business Restructure

May 29, 2018 by Josh Leave a Comment

One of the most common ways for a business to restructure is through merger and acquisition. While this is an opportunity for companies to achieve tremendous growth, it is also a period of significant uncertainty, particularly for employees.  People such as Boris Blanche have developed a number of key methods to help companies keep their employees motivated and secure during such a business restructure.

 

Boris Blanche on Motivation in Restructure

 

The most important thing is to have open and clear communication. Communication is always key to the success of any business but during mergers and acquisitions, it becomes even more important. It is very important to speak to employees about any merger or acquisition considerations. In fact, if an organization has over 50 employees, it is legally obliged to speak to it staff about this.

 

Secondly, it is important to create a fully cohesive team. Management must show real leadership and build a strong team that is capable of Performing properly. The greatest difficulty in this is bringing together the people from the two different companies, not in the least because both sides are likely to have lost friends and coworkers during the merger or acquisition. This means that there is often some bad blood and tension that has to be addressed properly.

 

It flows from this that the organization must focus on the psychological well being of the employee. Everybody must feel positive about the new direction of the business. Hence, positivity should be fostered at every opportunity and new work environment should be as fresh as possible.

 

At the same time, there should be full clarity about the goals and milestones of the new organization. Management should be able to set key milestones for the business as a whole, while teams should work together to set the individual goals and milestones. In so doing, there is full clarity for everybody in terms of where the business is going and what everybody should be working towards.

 

Last but not least, people such as Boris Blanche always emphasize the importance of being realistic. Any business that believes a merger or acquisition can go by without any glitches or hiccups will be sorely disappointed. Being open and honest about the fact that things are likely to go wrong and that this is ok because contingency plans are in place is hugely important. Without that, staff will continuously feel on edge and will rather than be productive, be preoccupied with their own future. That is not conducive to a properly running organization.

 

An important lesson to be learnt during mergers and acquisitions is just how vital it is to have property engaged employees. When staff is giving a voice, made to feel that their opinions matter, and that what they say is listened to, they will feel far more secure and more like part of the business. This, in turn, will make them more productive as well. It is vital to leave the lines of communication open and to take every idea and suggestion seriously.

Filed Under: Business

Reader Interactions

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Primary Sidebar

About Me

My name is Josh and I'm the blogger behind 60 Degree. I discuss all kinds of topics, but my main focus is business and investing. Numbers are what I'm good at, so these kinds of topics come easily to me.

Newsletter

Facebook

60 Degree

Follow Us Online

  • Facebook
  • Instagram
  • LinkedIn

Why Are Seniors More Prone to Hemorrhoids?

May 28, 2024 By Josh Leave a Comment

Hemorrhoids are a common health issue that … [Read More...] about Why Are Seniors More Prone to Hemorrhoids?

3 Tips For Shopping Top Brands Online

March 1, 2024 By Josh Leave a Comment

If you’ve ever shopped online and been … [Read More...] about 3 Tips For Shopping Top Brands Online

3 Key Steps in the Event of Water Damage in Your Home

February 9, 2024 By Josh Leave a Comment

Truly, one of the most frustrating things ever is … [Read More...] about 3 Key Steps in the Event of Water Damage in Your Home

Footer

About Me

My name is Josh and I'm the blogger behind 60 Degree. I discuss all kinds of topics, but my main focus is business and investing. Numbers are what I'm good at, so these kinds of topics come easily to me.

Recent Post

  • Boomers Meet the Boom: Seniors and the Rise of Meme Stocks
  • 3 Tips For Talking About Sensitive Topics With Family Members
  • What Are the Most Common Hormonal Imbalances in Seniors?
  • Why Are Seniors More Prone to Hemorrhoids?
  • 3 Tips For Shopping Top Brands Online

Facebook

60 Degree

COPYRIGHT 2018 · 60 Degree

Copyright © 2025 · News Pro on Genesis Framework · WordPress · Log in