Employee experiences of acquisition processes

This paper addresses multiple employee interpretations during acquisition processes. The overall purpose of the paper is to use an ambiguity approach to further the understanding of how employees interpret the postacquisition process. Unlike much of the present research, which relies on stereotypical experiences gleaned from management, this study examines acquisitions largely from an employee viewpoint. Rather than denying inconsistencies and confusion through more or less simplified stereotypical interpretations, an ambiguity approach is used as a conceptual lens to bring these inconsistencies to the surface and examine them as potential key characteristics for a more subtle understanding of the human side of acquisitions. An ambiguity approach can thus help managers during acquisitions by raising the awareness of the existence of ambiguity and multiple interpretations of the acquisition process. For example, it can help to avoid illusions of familiarity that nearby cultures and acquisitions within the industry may bring about. Such illusions could add to ambiguous interpretations. Awareness of ambiguity can also bring managers to focus on issues that may risk losing key people in the acquired company.

[1]  M. McCaskey The Executive Challenge: Managing Change and Ambiguity , 1982 .

[2]  Johan P. Olsen,et al.  Ambiguity and choice in organizations , 1976 .

[3]  Anne-Marie Søderberg,et al.  Cultural Dimensions of International Mergers and Acquisitions , 1998 .

[4]  Roger L. M. Dunbar,et al.  A Psychoanalytic Reading of Hostile Takeover Events , 1992 .

[5]  E. Schein Organizational Culture and Leadership , 1991 .

[6]  D. Meyerson,et al.  Interpretations of stress in institutions: the cultural production of ambiguity and burnout. , 1994, Administrative science quarterly.

[7]  James L. Bowditch,et al.  When Cultures Collide: The Anatomy of a Merger , 1985 .

[8]  John M. Ivancevich,et al.  Executive Actions For Managing Human Resources Before And After Acquisition , 1987 .

[9]  M. Weggeman Sensemaking in organisations , 1996 .

[10]  R. Olie,et al.  Shades of Culture and Institutions-in International Mergers , 1994 .

[11]  Howard Thomas Policy Dialogue in Strategic Planning: Talking Our Way Through Ambiguity and Change , 1988 .

[12]  Joanne D. Martin Cultures in Organizations: Three Perspectives , 1992 .

[13]  R. Kahn,et al.  Organizational Stress: Studies in Role Conflict and Ambiguity. , 1965 .

[14]  Donald N. Levine,et al.  The Flight from Ambiguity: Essays in Social and Cultural Theory , 1988 .

[15]  Debra Meyerson,et al.  Acknowledging and uncovering ambiguities in cultures. , 1991 .

[16]  Philippe Very,et al.  Control Mechanisms in Cross-border Acquisitions: An International Comparison , 1994 .

[17]  A. Buono The human side of mergers and acquisitions , 1989 .

[18]  M. Lubatkin,et al.  Top Management Turnover M Related M&A’s: An Additional Test of the Theory of Relative Standing , 1999 .

[19]  E. Eisenberg Ambiguity as strategy in organizational communication , 1984 .

[20]  Anette Risberg,et al.  Ambiguities Thereafter - An Interpretive Approach to Acquisitions , 1999 .

[21]  Scott Shane,et al.  National Cultural Distance and Cross-Border Acquisition Performance , 1998 .

[22]  Peter J. Frost,et al.  Reframing organizational culture , 1991 .

[23]  D. T. Bastien,et al.  Common Patterns of Behavior and Communication in Corporate Mergers and Acquisitions , 1987 .

[24]  M. Lubatkin,et al.  CULTURAL DIFFERENCES AND SHAREHOLDER VALUE IN RELATED MERGERS: LINKING EQUITY AND HUMAN CAPITAL , 1992 .

[25]  K. Weick The Vulnerable System: An Analysis of the Tenerife Air Disaster , 1990 .

[26]  Donald N. Levine,et al.  The Flight from Ambiguity: Essays in Social and Cultural Theory. , 1987 .

[27]  P. Rosenzweig Managing Acquisitions: Creating Value Through Corporate Renewal , 1991 .

[28]  Deepak K. Datta Organizational fit and acquisition performance: Effects of post-acquisition integration , 1991 .

[29]  E. Eisenberg,et al.  Reconsidering Openness in Organizational Communication , 1987 .

[30]  WeberYaakov,et al.  National and Corporate Cultural Fit in Mergers/Acquisitions , 1996 .

[31]  A. Raveh,et al.  National and corporate cultural fit in mergers/acquisition: an exploratory study , 1996 .

[32]  W. Whyte Street corner society : the social structure of an Italian slum , 1946 .

[33]  William Foote Whyte,et al.  Street Corner Society , 1943 .

[34]  F. Claassen,et al.  Post Merger Integration , 2019, Edition Frankfurt School.

[35]  R. Boland,et al.  Managing Ambiguity and Change , 1990 .