When two companies merge, the integration of their distinct corporate cultures presents a substantial challenge that is often underestimated in terms of complexity and potential impact on the merger success.
Human Resources (HR) plays a crucial role in change management during such a significant organizational transformation. HR is responsible for strategic planning, communication to employees, and implementing training to help the business effectively manage change. HR is also tasked with managing execution risk, aligning benefits and policies, and helping the business retain top talent who will maximize the value of the new entity.