The role of HR in  Merger and  Acquisition
Channel: MherMardoyan Career Coach
Date: 2019-11-26

A merger or an acquisition can be one of the most exciting times, but it can also lead to an awful lot of anxiety within an organization. We're currently going through and experiencing a little bit of both, and we're working through. One of the challenges, as I mentioned before, is around how individuals are supported through the change in the uncertainty. 

HR plays a huge role in that in, in both understanding how people are feeling and supporting the conversations and making sure that there's transferring conversations around what is going on, what to expect and finding the way through the maze. Transparency and just looking at, how you can have an open dialogue with your employees through that journey is really the most important thing.

Westminster Savings Credit Union and Prospera Credit Union are in the process of merger. When it is done, it will be the largest merger of its kind in Canadian history. We're excited about it, we’re a member-based organization, it's up to our members to approve in the vote will be tallied on November 21, we feel optimistic about it. 

Connect with: Terrence J. (TJ) Schmaltz
LinkedIn:  https://www.linkedin.com/in/terrence-j-tj-schmaltz-fcphr-0467911/

Connect with Mher Mardoyan:
LinkedIN: https://www.linkedin.com/in/mher-mardoyan/

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