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Effective Management of Job in Post Merger and Acquisition Scenario

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Effective Management of Job in Post Merger and Acquisition Scenario
RAYAT LONDON COLLEGE
SUBJECT:- RESEARCH METHODOLOGY COURSE:- MBA SEMESTER 1 LECTURER SUBMITTED BY SUBMISSION DATE DR. LANGESWARAN SUPRAMANIAN ARSHAD MUHAMMAD 14 DECEMBER 2007 “EFFECTIVE MANAGEMENT OF JOB REDUNDANCIES IN POST MERGER AND ACQUISITION SCENARIO (SERVICE SECTOR)”

ASSIGNMENT TOPIC

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TABLE OF CONTENTS
1. ABSTRACT 2. INTRODUCTION 3. MOTIVATION 4. RATIONALE 5. LITERATURE REVIEW 6. RESEARCH METHODOLOGY 7. FURTHER EVOLUTION 8. CONCLUSION 9. REFERENCES AND BIBLIOGRAPHIES

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1. ABSTRACT
This report introduces a practical model of training and development needs assessment to reduce redundancies stress on employees after merger and acquisition. The proposed model is competency-based, which allows for the incorporation to reduce redundancies in post merger situation. When redundancy is the only route available, employers invariably feel obliged to assist those affected with positive planning measures for what, at the time, can seem an uncertain future. However, this is not an easy task. Redundancy can be a difficult ordeal, hitting hard both mentally and emotionally and unless professionally implemented, employers will invariably fall short of ‗having done enough‘ to really help. Everyone deals with redundancy in a different way. Being made redundant can provoke a range of emotions at different times, including shock, anger, loss, fear, denial or acceptance. Redundancy after M&A is a risk to all employees, and needs careful handling and counselling. Less recognised are the needs of those left behind. On the analogy of major disasters, they too demand meticulous attention to avoid deleterious effects both to themselves and to their organisations. The management of restructuring, redeployment or redundancy is important, not simply to be humanitarian, or for good public relations, but also because the effectiveness, vision and mission of the organisation that survives is at stake. Survival tips for both the



References: Charlesworth, K (1996), Are Managers Under Stress?, Institute of Management, London. Nathan, R. (2007), Colleagues turn counsellors in BBC 's pioneering program Human Resource Management International Digest, Volume 15 Number 5 pp. 11-13. Kanter, c (1986), Managing HRM risk in a merger, London. Business Week (1994), "The pain of downsizing", Business Week. Doherty, N., Horsted, J. (1995), "Helping survivors to stay on board", People Management, No.12 January, pp.26-31. Institute of Personnel and Development (1996), The IPD Guide on Redundancy, IPD, London. Schlesinger, L. (2002), UK offers worst redundancy pay in Europe, Financial Director. Yehuda, B.(2000), ―Survivor syndrome‖ – a management myth?, Journal of Managerial Psychology Volume 15 Number 1 2000 pp. 29-45, Emerald. Steven, H. (2000), Anatomy of a merger: behaviour of organizational factors and processes throughout the pre- during- post- stages, Management Decision, Volume 38 Number 10 2000 pp. 674-684, Emerald. Noeleen, D. (2005), The role of outplacement in redundancy management, Volume 27 Number 4 1998 pp. 343-353, Emerald. Shay, S. (2006), Downsizing and the impact of job counselling and retraining on effective employee responses, Career Development International, Volume 11 Number 2 2006 pp. 125-144, Emerald. Stephen, A. (2001), Downsizing to Improve Strategic Position, Volume 32 Number 1 1994 pp. 4-11, Emerald. Gerald, V. (2002), Counselling remaining employees in redundancy situations, Volume 7 Number 7 2002 pp. 430-437, Emerald. Al-Khayyat, R. (1998), Training and development needs assessment: a practical model for partner institutes, Volume 22 Number 1 1998 pp. 18-27, Emerald.

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