...How to Effectively Merge Employees Shane Santiff Shane.santiff@comcast.net GM 591 Leadership & Organization Behavior Hajar Sanders May 19, 2011 Overview of Organization: The organization that I will be doing my project on is Targa Resources LLC. Targa is a publically held organization that is in the Upstream and Downstream segment of the Oil & Gas Industry. Targa main processes are fractionation, wholesale and logistics. Targa was formed in 2004 when it purchased two plants from Conoco Phillips. In late 2005 Targa purchased the whole midstream division from Dynegy Inc. With Targa’s purchase of Dynegy Midstream Services, Targa went from a company with 150 employees to over 1500 employees overnight. With this they needed to create a cohesive environment for both of the employees, without having much turnover. During the whole process as Targa met with the Dynegy employees that were part of the sale, they had promised many things ranging from benefits, awards, employee relations and incentives. When the purchase was complete and the Dynegy employees came over to Targa it was realized that all of what Targa’s management had said about the company and what they promised to do was inaccurate. Targa’s management was not impressed with Dynegy employees and treated them as if they had no clue what was going on. My career began at Dynegy in 1999 and I was a part of the sale to Targa. At Dynegy I was in charge of the accounting for a...
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...Abstract This study focuses on to what extent support for mergers and acquisitions has an impact on organizational change over time. This support will be seen as the degree of motivation, acceptance and knowledge that employees have at the beginning of the M&A. The data used in this study was gathered from two companies operating in the IT- sector. 527 returned questionnaires were analyzed. The results shows that the culture perception changed in time and depends on the perception they had at the beginning of the M&A. Motivation did had an impact on the change. The degree of Acceptance and Knowledge of the employees had no influence on this change. Interaction effects of the support variables on the change in perception over time were also investigated. These findings tell that the perception of organizational culture at the beginning of the M&A plays an important role for the culture perception after the M&A. The more employees are motivated, the more employees are willing to change. Also the longer employees work at the organization, the more they are willing to change. Managers should take this into account for the implementation of the change. 3 Organizational Culture Samenvatting Deze studie richt zich op in hoeverre steun voor fusies en overnames ( F&O) een invloed heeft op de organisatorische veranderingen na verloop van tijd. Steun wordt in deze studie gezien als de mate van motivatie, acceptatie en kennis die medewerkers hebben aan...
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...ABC Ltd., is a leading automobile assembling company based in Lagos, Nigeria. The company was incorporated in June 14, 2010. The company usually imports vehicles body parts and assembles them. It sells its products to the local market. Steps in unifying the different cultures between the two companies Having completed the merging of the two companies, the legal and financial aspect, culture clash pose a big challenge to the success of the merger. As the HRM of the XYZ Inc., the following are suggested steps to ensure that the two cultures work together to obtain the desired results of the two companies: 1. Set cultural integration agenda Organization’s culture can be defined as all the shared values, beliefs and behaviors that dictate how people do things in the organization. To integrate the two cultures, we first need to define cultural objectives in broad terms. And as the HRM, I have the responsibility to ensure that the objectives are realized. Setting the cultural agenda necessarily requires tough decisions to be made. This decisions involve whether the merger should adopt one firm’s culture or to integrate the two. The choice will depend on the one that will have a greater value of the deal. 2. Diagnosing the cultural differences that matter The second step is to pin-point significant cultural differences between XYZ and ABC. Diagnostics will identify and measure the differences among people, units, geographical regions and...
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...and advanced integration, the Global Communications scenario states that “lead to the tremendous economic pressure bemoaning of stockholders on diminishing returns and further speculation about industries ability to rebound and further stock trade deprecation”. The aggressive behavior of the company in compensation, stock options coupled with poor allocation of funds, has put global communication in the situation they are in now. Aggressive compensation packages, improper allocation of funds that should have been used towards competing with technology ultimately impacted the directions stockholders took to off set expenses and ship employment overseas. Stakeholder Perspectives/Ethical Dilemmas The various stockholders include the employees, management team and consumers. While there interest may be the same in terms of maintain a high stock value, they also have the same common interest, which is stated in the Global Communications Scenario, “company that...
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...Lauren Nichols June 10, 2013 Apple Computer, Inc The Problem: The problem with Apple is that there is not a defined and consistent corporate strategy in place. Situation Analysis: Apple does not have a defined corporate strategy. There have been frequent strategy changes in recent years. Apple’s mission statement focuses on providing high quality, high priced personal computer and personal computing products to technologically savvy customers. However, Apple has occasionally deviated from this and introduced lower priced machines into the market. Apple has a very defined scope. They are a technology firm that offers microprocessor based personal computer and related computing products to their customers. Apple does not currently have a competitive advantage. They are no longer considered an industry leader. They are no longer successful in continuously offering new products and technologies before their competition. Their decreased market share is due to inaction and inability to follow through with strategies over the recent years. Apple is strongly affected by the technological environment. Apple is a technology firm. Apple must continue to offer new products and technologies in order to remain relevant in their market. They have not done so in recent years. There is a lack of synergy between the management and technology divisions of the company. Apple currently has conflicting goals and objectives in these two divisions of the company. These conflicting...
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...Airlines and United Airlines Merger Tony McDougal December 2, 2012 Professor Bates Abstract This paper explains the challenges faced by two major U.S. airlines, United and Continental airlines in an attempt to merge, and form the world's largest airline based in the United States. This consideration is based in relation to the movement of passengers via air traffic. The airline merge occurred in order for each airline to survive and be competitive within the airline industry. The paper explains briefly the reason for this merger, the strategy it used and went through to accomplish the merger. It also explains some pros and cons the merger and management faced. It explains the vision of the newly created company in reference to where they want to be in the future and the profit of revenue they foresee to earn with this merger. This paper outlines the structural change the new United Airlines came up with after the merger took place and how both United and Continental Airlines management, employees, and customers adapted to the merge. Continental Airlines and United Airlines Merger The merger of United and Continental airlines that was under way in 2008 formed the third’s world largest airline. This merge occurred during the decrease of air travel from heightened security measures against terrorism and high fuel costs. During this time, the United States government also tried to help by giving the airline industry monetary bailouts so that...
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...Change and Culture Case Study I This paper focuses on the merger of company A and company B. The middle manager of a health care organization has the responsibility of combining the workforces of both companies, and re-structuring the systems and shape of the new organization. The task of making company C, the two organizations combined, is made more difficult due to the fact of prior competitiveness in the health care realm, with employees viewing company B as non-professional and lacking in quality care. Company B, however, has several inpatient and outpatient services that company A does not, validating the merger. So, this paper presents the effects of the merger, how employees are coached to work together, the new systems and shape of the organization, and the theoretical framework of the merger. Merger During the past decade the hospital industry has made reflective organizational changes, including the extensive consolidation of hospital system through merger and the formation hospital systems (Evans & Gertler, 2012). The rules of health care are changing. Growth is not about just getting bigger. It is about developing all of the components needed for coordinated care and reduced costs. Health system reform has various incentives, such as those related to reducing readmission rates, and establishing a liable care organization, but qualifying for them requires closer links to other parts of the medical care chain (Breakthroughs -Hospital merger and acquisition strategies...
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...acquiring the other company’s assets and liabilities. There are various types of business mergers. There are vertical forward integration, vertical backward integration, lateral integration and conglomerate. For example, when a sugar factory merges with a supermarket such as TESCO, it is considered a vertical forward integration because it is merging with a tertiary sector while a sugar factory is a secondary business sector – it processes raw materials and sends them off to a retail or wholesaler for goods to be sold. However, when the sugar factory merges with suppliers such as sugarcane factory, it is considered a vertical backward integration because the sugarcane factory is a primary business sector. Also, if RHB – an Investment bank merges with Commercial banks like HSBC bank or CitiGroup etc, it is considered a conglomerate as commercial banks cater to only individual clients whereas investment banks are financial institutions that assists individuals, corporations and governments in raising capital by underwriting and/or acting as the client's agent in the issuance of securities. Merging these two banks would result in a Universal Bank which participates in many kinds of banking activities. However, when RHB Investment Bank merges with OSK Investment bank, it is under lateral integration. This is because both RHB & OSK are both at the same level - Investment Banks and are at the same field – Business and this is what I will be talking...
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...Running head: COMPETITIVE STRATEGIES AND GOVERNMENT POLICIES 1 Competitive Strategies and Government Policies ECO 365 COMPETITIVE STRATEGIES AND GOVERNMENT POLICIES Competitive Strategies and Government Policies Companies are becoming more competitive over the course of time. As the population grows so do new company’s aiming to be successful. For a construction company, this is especially true. Current businesses and new businesses want growth and the construction 2 companies are who make the physical structure of the business happen. Included in this paper, is a discussion of how horizontal mergers, government policies and regulations related to externalities, and business decisions by management affect the construction business entirely. The construction industry has been a result of a lot of change in the past few years. The construction industry consists of small business to the very large corporation. A small business in the construction industry can be considered a simple handyman business. A large business in the construction industry can be considered a new commercial builder. With the limited barrier of entry the construction industry has been threaten by new companies entering the market. New companies entering the marking have posed a threat in which causing the existing construction companies to have a strategic plan to prevent from closing their doors. With a strategic plan in place the existing construction companies will have the tools needed to...
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...Competitive Strategies and Government Policies ECO 365 Competitive Strategies and Government Policies Companies are becoming more competitive over the course of time. As the population grows so do new company’s aiming to be successful. For a construction company, this is especially true. Current businesses and new businesses want growth and the construction companies are who make the physical structure of the business happen. Included in this paper, is a discussion of how horizontal mergers, government policies and regulations related to externalities, and business decisions by management affect the construction business entirely. The construction industry has been a result of a lot of change in the past few years. The construction industry consists of small business to the very large corporation. A small business in the construction industry can be considered a simple handyman business. A large business in the construction industry can be considered a new commercial builder. With the limited barrier of entry the construction industry has been threaten by new companies entering the market. New companies entering the marking have posed a threat in which causing the existing construction companies to have a strategic plan to prevent from closing their doors. With a strategic plan in place the existing construction companies will have the tools needed to compete with newer companies entering the market. The recent events in the economy have increase globalization. Globalization...
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...This memorandum is to provide 1st level managers some assistance on how to address the importance of the merger that is about to take place with EnviroTech. Our goal is to provide cleaning services and solutions that will allow this organization to be more powerful and productive with employee dedication throughout the world. Everyone has a job and will be expected to behave in a manner that will help with anxiety concerns in sales department for continuing market competitiveness. Line managers will be responsible for addressing how the new directions and changes will be conducted for success. Line managers must be aware of all proper communicating on how important this merger is, and what it can mean for everyone that is a part of the merge. The decision to combine EnviroTech with our organization will double profits and allow us to be more productive globally. Therefore, 1st line managers will explain that there will not be any immediate staff cuts and how effective the cost will be when combined with EnviroTech’s organization. As1st line managers, you all will be responsible for managing the change and providing employees with the vision of where merging with EnviroTech is going and how the resources of the vision can be a success. This merge will provide the necessary training to each employee if needed so please inform employees of the training and development programs that will be available to them. I will expect managers to express themselves profoundly, and discuss...
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...Change and Culture Case Study I In a hierarchical organization structure there is a top, middle and a bottom. Middle management sits in the middle of this type or organizing scheme. Middle managers are generally supervisors. Sometimes those that head up departments or units of a business can be considered middle management depending on how the business is structured. Most middle management implements or executes the plans and policies created by upper management (Burke, 2013). Middle managers have to ensure that all of the employees that work underneath them are following the business plans that have been laid out and that they are getting their work done on time. It is important that middle managers are able to communicate clearly and effectively with their staff whether it is verbal or written communication. Case Study Background In this case study the scenario is a middle manager within the health care organization has merged with a previous competitor. Up until now, employees saw the competition as an enemy that provided poor quality of care to their patients. The new corporation, however, has in place several inpatient and outpatient service that our health care organization does not. We will be discussing what impact the sale will have on the culture of the new combined health care organizations, as a middle manager what can be done to make sure that the combined staff work together in providing quality of care rather than seeing it as a competition and describing...
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...range from investor to customers which are a wide variety of people that I can influence. By targeting the intermediate goals within the company, the company can eventually accomplish the external goals. Also by doing this the company is getting more done in an effective way. Moreover by setting goals for the employees that have just recently come aboard due to the merge there is no need to replace them. Stakeholders also provide guidance describing strategic plans in great detail. For the most part as I address the stakeholders I will discuss the importance of the new employee’s positive impact on the company. As far as the stakeholders in Saucer know the only thing they know is that Princeton needed this merge to stay in business. What they don’t know is the qualities that the employees of Princeton hold. Some of these employees may have department manager potential or even CEO potential. And since I am a product of that company it’s my job to inform them of what Princeton employees are capable of, which would entail me listing their strengths and potential. Moreover how to keep all of our long standing customer’s interest is something the new employees from Princeton would know. They would know what kind of costumer service that costumer is looking for and expecting. And also what that customer is looking for in any particular product. Also...
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...Employee Absenteeism Kmart Corporation Alvin Williams Professor Whatley LG415 Quality Control Park University INTRODUCTION The purpose of this research paper is to identify employee absenteeism and explain the process of how Kmart was able to successfully merge with Sears effectively without completely diminishing employee morale and loyalty. Let us first begin by going into detail to primarily explain what employee absenteeism is. In the workforce it is described as a failure to appear for work in a routine period of time. It also means the number of occurrences of missed work without valid reasoning. Picture the scenario that you are shopping in Kmart and you have finally completed your shopping to proceed to check out. The time just so happens to be three o’clock, which are the shift change hours for cashiers. There are three customers ahead of you and only two lanes open. You notice that there is a delay in check out times. You finally get to the counter to pay and over hear the cashier complaining that she will have to stay another two hours because her replacement has called out sick once again, without proper notice. At this point the cashier becomes a little irritated in her responses and appears to be in no way interested in pleasing the customer. What happened to the employee that was smiling just three customers before you? I can easily explain. The motivation the...
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...Unit 5-International Business Ethics Miranda Misercola American InterContinental University November 7, 2015 Abstract The purpose of this paper is to analyze two different acquisitions or mergers to demonstrate how such business transactions can cause legal barriers to entry market. Possible ethical dilemmas that are present within the relations between the companies will also be discussed. Furthermore, the drawbacks consumers have to face when two companies merge will be addressed as well. Introduction An investigation into a pharmaceutical company’s supposed intentions to curtail generic competition regarding an antidepressant drug, which is the company’s best brand name seller, has brought about a few questions as to why the company would do this to consumers. Prescription medication is expensive enough without pharmaceutical companies hindering the market entry of its generic counterparts. Generic medication gives consumers a choice to spend more or to spend less for their health care, and in the long-run gives them a choice for a more cost-effective livelihood. Without the options of choosing a cheaper form of medication, consumers are being taken advantage of. This leaves no room for choice and thwarts fair market competition. With a 22% increase of profits in comparison to the previous year, it is quite obvious that this brand- name manufacturer and generic companies have disobeyed federal antitrust laws. Therefore the Federal Trade...
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