Contributor: How to Align Life Sciences Teams After a Merger | Lattice

Jennifer was quoted in this Lattice article on aligning Life Sciences Teams following a merger.

Innovation requires a culture of trust.

Life sciences companies are built on innovation — and research shows that innovation takes trust, collaboration, and the sharing of ideas. Unfortunately, trust is often one of the first casualties of an M&A.

“One of the great ironies of M&A activity is that trust, a key ingredient for business success, often quickly dissolves, as M&A activity is usually cloaked in secrecy,” Jennifer J. Fondrevay, the founder of Day One Ready, an M&A consultancy, explained in a 2018 article in Harvard Business Review.

“A workforce can feel blindsided when a deal is announced, eroding trust and transparency in three mutually reinforcing ways: “our” company versus “their” company; the executive team versus frontline employees; [and] who stays versus who goes.”

Read the full article here.

BLOG: Silk Road Technology: Mergers & Acquisitions: The Ultimate Guide for Your Organization’s Onboarding Experience

SilkRoad Technology just released “Mergers & Acquisitions: The Ultimate Guide for Your Organization’s Onboarding Experience“. I was honored to contribute to the effort, and in the guide, you’ll hear my thoughts on the human capital challenges in M&A.

This guide explores:

1. The role of human resources during mergers and acquisitions
2. Technology as a strategic onboarding partner
3. 5 stages of employee change
4. And more

GUEST POST: Middle Market Growth – Post-Transaction Integration: It’s All About the People

Jennifer was honored to speak at ACG’s April InterGrowth conference. On the panel “Managing Post-Transaction Integration: How to Achieve Cultural & Operational Success,” experts shared their experiences and advice for how to ensure M&A deals have positive outcomes.

The merging of two entities will undoubtedly ruffle some feathers, and human capital should be the focus of developing an effective post-transaction strategy. Yet Jennifer notes that the people of a merged entity are rarely the focus of post-transaction due diligence, and are more often an afterthought.

Trust, she said, is “critical to business success.” Yet it can dissipate virtually overnight following a merger because the majority of post-transaction integration planning is focused elsewhere. And in trust’s absence, an “us-versus-them” mentality can emerge that threatens to derail post-transaction success.

Read the full article here.