human resource in merger and acquisition

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    KNOWLEDGE CREATION ANDMANAGEMENT

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    Meaning of knowledge

    managementKnowledge management is a systematic,

    Explicit, and deliberate building, renewal

    and application of knowledge to maximizean enterprise knowledge related effective-

    -ness and returns from its knowledge assets.

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    Importance Customer service

    Information system

    Finance

    Hr / Administration

    Management

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    Cont. Increase in productivity

    Improve quality of production

    Better coordination

    Creative thinking

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    Challenges Burden of past experience

    Organization defensive routines.

    Tunnel vision

    Bounded rationality

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    Process

    Identify stage

    Collect stage

    Select stage

    Store stage

    Share stage

    Apply stage Create stage

    Sell stage

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    Difference between IM & KM Meaning

    Sources

    Centralized

    Focus on productivity

    Requirement

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    VIRTUAL ORGANISATIONSAND EMERGING HR TREND

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    DEFINITION The organizations which have internal

    structure and capabilities to facilitate

    responsiveness to changes in economicand market conditions ,changes ingovernment policies and employmentlegislation, unemployment,

    developments in technology andmethods of production, competitivenessand removal of skill boundaries.

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    Characteristics Power flexibility

    Informal communication

    Flat organizations, multidisciplinaryteams

    Customer orientation

    Organizational boundaries are wage

    Sharing of information

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    ADVANTAGES It saves time, travel expenses

    Can use consultants from outside

    Can hire best people regard less of location Employees can accommodate personal and

    professional life

    Employees can be assigned to multiple and

    concurrent teams . Team communications and work reports are

    available online .

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    FEATURES Technology

    E-mail integration

    Office system integration

    Voice mail alert

    Mobile data

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    TYPES Telecommuting

    e.g. Dow chemicals, xerox .

    Outsourcing most core competencies

    e.g. nike

    Completely virtuale.g. ACOG, IBM

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    CAREER DYNAMICS Recruitment under time pressure and

    requires high skills.

    Social stability is not very muchrequired.

    Work pace is variable.

    Job status and project feedback is veryshort.

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    Performance management Define performance

    Facilitate performance

    Encourage performance

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    Selection process Familiarity and comfort ability with job.

    Self motivation

    Effective communication both orally and inwriting

    Adaptability

    Knowledge about organizational process

    Technical self sufficiency

    Result orientation

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    FINALLYVIRTUAL ORGANIZATIONS ARE NEED

    OF PRESENT

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    HUMAN RESOURCE

    IN MERGER ANDACQUISITION

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    MEANING OF MERGER AND

    ACQUISITIONS MERGER:-WHEN TWO OR MORE COMPANIES

    DOING SIMILAR BUSINESS GO INTO LIQUIDATION

    AND A NEW COMPANY FORMED TO TAKE OVERTHEIR BUSINESS,IT IS KNOWN AS MERGER

    ACQUISITION :-A HOLDING COMPANY IS ACOMPANY WHICH CONTROL ANOTHER COMPANY

    BY ACQUIREING ALL OR MAJORITY OF CARRYING

    VOTING RIGHT OR CONTROLLING THECOMPOSITION OF ITS BOARD OF DIRECTOR.

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    STAGES OF MERGER AND

    ACQUISITIONS 1. PRE-UNION

    2.IN-PROCESS UNION

    3.POST UNION

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    WHY MERGER AND ACQUISITIONS FAILREASON FOR FAILURE:-1.EXPECTATIONS ARE UNREALISTIC

    2.HASTILY CONSTRUCTEDSTRATEGY,POOR

    PLANING,UNSKILLED EXECUTION.

    3.FAILURE/INABILITY TO UNIFY BEHINDA

    SINGLE MACROMESSAGE

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    4. POWER AND POLITICS ARE THEFORCES ,RATHER THANPRODUCTIVE OBJECTIVES

    5.REQUIRES AN IMPOSSIBLEDEGREE OF SYNERGY

    6.CULTURE CLASHES

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    9.TRANSITION MANAGEMENT FAIL

    8.FINANCIAL DRAIN

    9.DEFENSIVE MOTIVATION

    10 THE UNDERESTIMATION TRAN.COST

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    MOST OF GLOBAL SUCESSFUL

    FIRM Vodafone-hutch deal

    Tata steel corus deal

    Jet Sahara merger

    Air india-indian airlines merger

    Hindalco,acquisition of novelis inc. Kingfisher-air deccan

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    MERGER AND

    ACQUISITION WELL-THOUGHT OUT GOALS AND

    OBJECTIVE

    DUE DILIGENCE ON HARD AND SOFTISSUES

    EFFECTIVE LEADERSHIP

    TAKING LESSON FROM PREVIOUS

    EXPERIENCE OPEN COMMUNICATION

    FRIENDLY CLIMATE

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    HIGH COMMIREMENT TO THEDEADLINE

    KEY TALENT RETAINED TRUST BUILDING ACROSS ALL LEVEL OF

    EMPLOYEES

    PROPER ALLOCATION OF RESOURSES

    ACCEPT THE UNWILLING PEOPLE ANDPLAN FOR THEIR CHANGE

    PLANING FOR IN PROCESS AND POSTUNION STEPS COMPLETED EARLY

    TIMELY COMMUNICATION TO

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    SKILLS AND COMPETENCIES

    OF HR PROFESSIONALS Good strategic knowledge to develop

    and implement the plans of M & A

    Effective communication skills Motivation skills

    Analytical ability

    Thorough knowledge of assessing work

    culture and bring the changes Planning monitoring and bringing

    changes effectively.

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    by:-

    Rishi sachdeva

    sameer

    sachin