Tag: Workforce

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Podcast: How to Survive & Thrive Through M&A with Tim Hughes

Jennifer joins Timothy Hughes on #TimTalk to dive into mergers and acquisitions and how you can survive if you get caught up in one.

In her book “Now What – A survivor’s guide for thriving through mergers and acquisitions” she talks about the fact that M&A happen, you can be going along nicely in your career and then you get hit with the change and upheaval that M&A provides. So, what will you do?

They also discuss the 5 stages of grief that people go through from denial to acceptance and the stages in between, and the post-M&A characters you will come across.

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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.

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PODCAST with Dharmendra Singh, Chief Executive Officer -MergerWare

Our Featured Guest for this Podcast was Jennifer J. Fondrevay, the Founder and Chief Humanity Officer of Day1 Ready M&A Consultancy. Dharmendra SINGH, CEO – MergerWare had an insightful discussion with Jennifer on relevant M&A aspects like the impact of the past year on M&A, the recent M&A trends, and how companies are getting prepared for Post-Merger Integration.

As Jennifer says, “One trend I hope continues [since the pandemic] is the greater emphasis on employees & the workforce. The workforce itself is saying “No, this doesn’t work for me”. Many people are re-evaluating what work means for them and the workforce is having a greater influence on what happens in an organization.”