Increased productivity and innovation are among the benefits that result from a union-management cooperative effort. In today's highly competitive market, many companies turn to the unions for support, and HR is leading the way.
Even if the new owner wants to keep everyone in the HR function, turnover still may be high because of a loss of autonomy after the takeover. Here are some ways to help save your job in a takeover situation.
Traditionally, HR hasn't become involved in takeovers until the implementation stage. Increasingly, however, HR is proving to be a valuable player in protecting the company from the negative consequences of the transaction.
You can have wonderful ideas for HR programs, but if you can't convince the CEO to proceed, they don't mean anything. HR professionals, top executives and management experts who work frequently with CEOs share their observations.