Chapter 2: Controlling Information During Mergers, Acquisitions, and Downsizing
Chris Aivazian
THE FOLLOWING ACTION PLANS AND ACTIVITIES ARE TAKEN FROM ACTUAL ACQUISITION EXPERIENCES. In one case, a medium-sized financial institution acquired a similar corporation about half its size. As with all mergers and acquisitions, the acquired organization began to experience the anxieties associated with change. Morale and productivity were on the decline, and damaging rumors began to circulate. Management had to react immediately. The acquired organization’s Information Technology Division undertook a review of its systems, processes, operations, and resources to ensure that they were in a position to maintain business-as-usual internally for the Division ...
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