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Author: | Siehl, C. Smith, D. |
Title: | Avoiding the loss of a gain: retaining top managers in an acquisition |
Journal: | Human Resource Management
1990 : SUMMER, VOL. 29:2, p. 167-185 |
Index terms: | MERGERS TOP MANAGEMENT HUMAN RESOURCE MANAGEMENT STRATEGY MANAGEMENT PERSONNEL |
Language: | eng |
Abstract: | The turnover of management following a merger or acquisition is a significant, yet understudied, human resource (HR) issue. The relevant HR question is not merely how to retain top managers, but of equal importance, whether or nor top management retention should be an objective. A model is presented that integrates the retention process with the overall integration strategy being pursued by the acquiring firm. The model prompts a discussion of those factors that influence the decision as to whether the top management of the acquired firm should be retained. Four acquisition integration strategies are examined. Appropriate HR tactics for managing the retention process are identified. |
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