Human resource management in merger and acquisition planning
Journal of Organizational Change Management
ISSN: 0953-4814
Article publication date: 2 December 2019
Issue publication date: 29 January 2020
Abstract
Purpose
Many of the papers that analyse human resource management (HRM) in merger and acquisition (M&A) processes focus on the last two stages (integration and implementation). Then, the purpose of this paper is to propose an HRM model for the first stage of the process (planning) with four key factors: the due diligence process, the integration plan, the communication plan and the learning plan.
Design/methodology/approach
From the theoretical model, the authors analyse a case study of a multinational company that operates in the mechanical engineering sector.
Findings
The results show the special importance of HRM in the success of the M&A process. And, the main actions implemented in human resources (HRs) contributing to the success of this process are identified.
Research limitations/implications
Subsequent investigations could conduct similar analyses for the rest of the stages of the M&A process (integration and implementation), with the objective of presenting a complete HRM model in M&A processes.
Practical implications
The case study allows researchers to learn from professionals and business leaders while also offering a theoretical model that can help managers make decisions and improve the management of these processes.
Originality/value
The main contribution of this study has been to observe how HRs are managed in the planning stage of M&As.
Keywords
Acknowledgements
This paper has been supported by Project ECO2015-67434-R (MINECO/FEDER) of Spanish Ministry of Economy and Competitiveness (Spain) and the project RTI2018-097447-B-I00 of the Ministry of Science, Innovation and Universities (Spain).
Citation
Rodríguez-Sánchez, J.-L., Mora-Valentín, E.-M. and Ortiz-de-Urbina-Criado, M. (2020), "Human resource management in merger and acquisition planning", Journal of Organizational Change Management, Vol. 33 No. 1, pp. 16-28. https://doi.org/10.1108/JOCM-01-2018-0007
Publisher
:Emerald Publishing Limited
Copyright © 2019, Emerald Publishing Limited