
The Challenge
More than often we believe the role of HR as a function is similar in all kinds of Mergers and Acquisition and thereby often miss the opportunity to optimize the idea of any M&A
Reference
Whispers of the Devil in an Angel (Publication >> Book)
PANKHURI is a process that addresses all the major issues that arise during the merger process. It helps the merger managers understand the importance of a particular issue during a merger by rating the issue on the following scale:
- Not Critical (!): The issue is not a burning one in the short term.
- Critical (!!): The issue is sensitive either in the short term or long term, and managers should take care to handle it on time.
- Highly Critical (!!!): The issue is highly critical in both the short and long term, and management must address it urgently.
There are 4 domains into which a merger falls:
- Align domain mergers are horizontal mergers, where one company merges or acquires other companies, usually competitors, in the same industry.
- Associate domain mergers are vertical mergers, where one company merges or acquires other companies in the same industry, but at a different point in the supply chain.
- Alien domain mergers are diagonal mergers, where a company merges or acquires other companies in other domains and industries.
- Affiliated domain mergers are also called related mergers, where a company merges or acquires other companies in a related domain.
PANKHURI :
- P : Policy and Procedures Mapping
- A : Aligning Organizational Structure
- N : Neutralizing Cross-Cultures
- K : Knowledge Management
- H : Handling Anxiety
- U : Upgrading Skill Sets
- R : Relocation Plan
- I : Ideal Compensation Management