The Challenge:
A privately owned high-tech company had recently merged its core business with a four billion dollar conglomerate, in hopes that combined efforts would guarantee them larger market share and greater long-term success. Overnight, this small company went from a very successful independent company to a wholly owned subsidiary of a multi-million dollar hierarchy. They were immediately enmeshed in the maze of large company policies, procedures and protocol that was confusing and choking their daily productivity.
The Solution:
The President of the subsidiary hired Insight Performance, Inc. to manage its human resource function on an outsourced basis. Our professional experience in large companies and our proven expertise in applying this knowledge at a small company level, gave him confidence that we could address the subsidiary’s human resource concerns during the merger. To begin our engagement, we immediately met with the senior team and quantified the issues that were vital to their functional organization. We facilitated all employee meetings with management to discuss their concerns and honestly answer questions. Immediately, we were receiving feedback that both the managers and employees were “relieved” to know they had an interface with the parent company that would advocate on their behalf. Through a careful process, Insight worked with the parent company to transition the policies and processes vital to the integration, while preserving the original culture of the small company.
The Results:
Recent feedback from the President and his senior team affirm that our involvement has been invaluable in facilitating a very successful partnership with the parent company. The newly formed subsidiary is well positioned for growth. Expected sales will triple this year alone. Employees are assured that they have a vital role to play in this continued success. Policies are clear, benefits are richer and morale is at an all-time high because employees have a clear understanding of the combined company's future direction.
Insight Performance, Inc. continues to manage this client’s strategic human resource plan. Initially, we were hired to manage the transition period because of our experience with mergers and acquisitions. However, our involvement continues because both the parent company and our original client see the tangible value of our work. Our approach is to be pro-active, to anticipate where issues will arise and take action that will make this transition as smooth as possible.