October 4, 2010
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Strategic Management can be a delicate situation at times for Human Resource Management. One of those times would be during a merger/acquisition move by the company in which the human resource department is responsible. We can look at the Human Resource management’s key role in the merger/acquisition. We will cover the functional responsibilities of Human Resource management such as; Recruitment and retention, Training and development, Employee performance management, Regulatory compliance and Compensation and benefits. To better understand these responsibilities we first look at the role of a Human Resource Manager.
Role of HR Management
The role of Human Resource management in any merger or acquisition is no doubt one of the most important, and for Human Resource leaders there is a fragile harmonizing act between bring two entities coming together and transforming them to a new Human Resource operating unit that will work in the continuing success of the newly merged businesses. Human Resource’s involvement in the merger/acquisition is believed to be extremely helpful. According to CFO (2001), “For instance, one...