Coaching for Leaders

489: Responding to an Acquisition, with Bonni Stachowiak

Sep 7, 2020
The podcast dives into the challenges employees face during mergers and acquisitions, stressing the need for transparent communication and cultural understanding. It offers practical advice on tracking professional development goals through effective note-taking, moving beyond memory reliance. Additionally, it discusses the dual roles of educators and leaders, highlighting strategies for accountability and collaboration. Listeners get insights into leadership styles and the significance of fostering a positive organizational culture.
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ADVICE

Navigate Mergers

  • Expect changes during mergers and acquisitions, even if promised otherwise.
  • Focus on building relationships and understanding the new political landscape.
INSIGHT

Hidden Power Dynamics

  • Mergers and acquisitions are rarely equal; there's usually a power imbalance.
  • The acquiring organization often makes well-intended but untrue statements.
ADVICE

Communicate Transparently

  • Communicate transparently and frequently with your team during these transitions.
  • Address both what you know and what you don't know to mitigate fear and build trust.
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