Markopoulos, E;
Kirane, IS;
Gann, EL;
Vanharanta, H;
(2020)
Avoiding Post-Merger Corporate Downsize Restructuring: The Democratic Employee-Culture Fit Model (DeECFit).
In: Ahram, T and Taiar, R and Gremeaux-Bader, V and Aminian, K, (eds.)
Human Interaction, Emerging Technologies and Future Applications II: Proceedings of the 2nd International Conference on Human Interaction and Emerging Technologies: Future Applications (IHIET – AI 2020), April 23-25, 2020, Lausanne, Switzerland.
(pp. pp. 51-62).
Springer: Cham, Switzerland.
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Abstract
One major challenge in Mergers and Acquisitions is the best possible utilization of the human resources organizations offer. The judgment on employee redundancy is often highly controversial and risky. It can impact the motivation of the remaining employees, the corporate culture, and the reputation of the firm in the market. This paper addresses this challenge by introducing the Democratic Employee-Culture Fit Model (DeECFit) for Post-Merger Corporate Restructuring to avoid downsizing practices and maximize the utilization of the available human resources and intellectual capital. The model describes the relationship between the definition of the cultural values and the concentration of democratic values needed for an employee of either company to effectively join the Merger and operate under a symbiotic model by utilizing their human recourses. The democratic approach of the DeECFit Model provides the opportunity to all employers from both organizations to prove and justify their place in the Merger.
Type: | Proceedings paper |
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Title: | Avoiding Post-Merger Corporate Downsize Restructuring: The Democratic Employee-Culture Fit Model (DeECFit) |
Event: | 2nd International Conference on Human Interaction and Emerging Technologies: Future Applications (IHIET – AI 2020) |
ISBN-13: | 978-3-030-44266-8 |
Open access status: | An open access version is available from UCL Discovery |
DOI: | 10.1007/978-3-030-44267-5_8 |
Publisher version: | https://doi.org/10.1007/978-3-030-44267-5_8 |
Language: | English |
Additional information: | This version is the author accepted manuscript. For information on re-use, please refer to the publisher’s terms and conditions. |
Keywords: | Merger, Acquisition, Democracy, Downsizing, Rightsizing, Finance, Organization, Culture, Management, Human recourses |
UCL classification: | UCL UCL > Provost and Vice Provost Offices > UCL BEAMS UCL > Provost and Vice Provost Offices > UCL BEAMS > Faculty of Engineering Science UCL > Provost and Vice Provost Offices > UCL BEAMS > Faculty of Engineering Science > UCL School of Management |
URI: | https://discovery-pp.ucl.ac.uk/id/eprint/10120915 |
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