Communication is the key during this time, since it will help resolve a lot of disputes and awkward scenarios in the work place. It is vital that both businesses share as much information as viably possible, especially regarding how changes may affect individual employees.
When developed and overseen appropriately, this program can increase the communication line between management and staff. References 3. There are many implications of external growth.
It involves a lot of time for a firm to talk out differences which is generally unsupported by senior managers having little time. This fear can not only inhibit productivity yet can result in employees looking elsewhere for new job opportunities.
Whether change is viewed as large or small it can affect production, employee satisfaction, and profits. Firms predominantly use this strategy to not only grow and consolidate, producing a strong platform upon which shared ambitions for growth can flourish, yet to also eliminate competitors.
She stresses to us the importance of effective leadership and communication. The organization should work to let the employees know each other and create a relaxed working environment for everyone. Stress Change is often difficult for employees, especially if they were not directly involved in decisions that impact their jobs.
Employees may fear losing their jobs or losing opportunities that they formerly had. Competitiveness Insecurity can often elicit competitiveness amongst employees and a conflict driven environment.