Tag Archives: mergers & acquisitions

How to Protect Your Career & Handle an Executive Layoff with Success

 

executive layoffOn January 4th, 2017, CNN Money published “Macy’s is closing 68 stores, cutting 10,000 jobs.” Although I am very positive about the opportunity that avails us all in 2017, this is not a great headline to see four days in to the new year. 

However, small or large, no company is immune to the layoff phenomenon.

And no job is immune from the downsizing phenomenon.

Your career is in play. Always.  

Obviously, the impact of any corporate change is bigger than simply your job.

Yet, at the end of the day, your job is all that matters to you… right? Your career? Yes…

So many scenarios are possible…but here are the main two scenarios:Continue Reading…

8 Proactive Moves to Protect Your Career

 

protect your careerMicrosoft’s recent $26.2 billion offer to purchase LinkedIn is one of the biggest acquisitions ever in the tech industry, according to ABC News. Similarly, last month, the BBC announced, as well as other news sources, that Bayer has made a $62 billion offer to buy Monsanto, making the joint venture the largest agricultural supplier in the world. 

Small or large, no company is immune to the merger and acquisition phenomenon. These changes are (obviously) happening all around us.

And no job is immune from the merger and acquisition phenomenon.

As the two companies become integrated, your career is in play.

Obviously, the impact of any merger or acquisition is bigger than simply your job.

Yet, at the end of the day, your job is all that matters to you… right? Your career? Yes…

So many scenarios are possible:Continue Reading…

RIP Dos Equis Man

 

Dos Equis manEven the Dos Equis Man does not have job security with his amazing track record of success.

Heineken, parent company of Dos Equis beer, has announced that it is retiring the Dos Equis Man, aka “The Most Interesting Man in the World,” advertising campaign.

Here is the crazy thing….Heineken says they nearly tripled their business over the past 9 years since they started running “The Most Interesting Man in the World” ads.

In fact, they stated that in the past year alone they had a 10.2% increase in sales.Continue Reading…

7 Moves to Protect Yourself During a Merger Or Takeover

 

protect yourself during a mergerLast year, Investor Place reports, the deal volume of mergers and acquisitions (M&A) was the highest since the financial crisis. The pace in 2015 is supposed to top that. This reflects the drive to enhance competitiveness. Those strategies could include adding new product lines, increasing market share, gaining access to proprietary technology and/or reducing costs.

It’s not about just your job

As the two companies become integrated, your career is in play. That’s what you have to pay attention to. The impacts of any M&A are bigger than simply your job.

So many scenarios are possible.

• There could be redundancies in manpower in functions ranging from law to marketing. That means your job could be eliminated. That could happen whether your company has been acquired or it’s the one initiating the takeover.
• You could remain employed. However, your job is changed significantly. You have to make the decision to adjust or begin a search for a position outside the company.
• Maybe the emerging organizational culture is no longer a good fit for you. Staying there could damage your personal branding. You must leave.

Here are 7 moves on how to protect your overall career:Continue Reading…