How to Provide Training Following a Merger
Following a merger, you will need to provide training to your new and existing employees. Part of this process will be to identify what areas and company procedures you would like to change, and developing new procedures. Once you know how you would like the new company to run, you should provide both oral and written training to employees.
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Things You'll Need
- Merger agreement
- Procedure and employee manuals (from both companies)
- Copy of the training presentation
Instructions
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Review the New Company's Structure and Goals
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Look back to the merger agreement to identify any promises you made in the agreement as to how you would run the new company. Breaching these promises can open you up to a lawsuit.
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Create a list of the areas of the new company you wish to change to achieve your post-merger goals. Assign a team of people to review each area and propose new procedures.
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Meet with each member of the company divisions that you will be altering. Ask them what pre-merger procedures they found effective and which they found troublesome. Encourage them to explain why they believe as they do. This provides research for future training and develops trust between you and your new employees.
Create New Employee Manuals Following a Merger
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Review both sets of existing employee procedure manuals and compare the effectiveness of both ways of doing things.
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Refine the procedures and type them up into a new employee procedure manual. Distribute a manual to each employee as a permanent record of the new training.
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Incorporate the most important points and topics of the new procedures into charts or audio-visual demonstrations, which you can use during training workshops.
Run Employee Training Workshops
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Schedule training workshops as soon as possible following the merger. People are restless and concerned about their new places in a post-merger company, and providing training quickly reassures them that their jobs are safe.
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Present the training in an upbeat manner, focusing on how the new company values depend upon the employees that remain after the merger.
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Provide all of your employees with a paper copy of the training presentation so that they can review the salient aspects later.
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Keep a record of each employee who attends the training workshops. Ask employees to sign a statement that they attended the workshop and received a copy of the new manual. Place copies of the signed statements in the personnel files.
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Tips & Warnings
Consider hiring a professional merger consultancy firm to handle your post-merger training for you. Merger and management consultancy firms offer a variety of levels of service to help you provide effective re-training.
