Today, business organizations, business owners and corporate executives fully agree that Human Resource Management (HRM) is an important function, but involves a lot of cost. Additionally, for many businesses organizations it is not their expertise or a core function that directly helps them generate sales and revenue. In today’s uncertain, highly competitive and constantly evolving VUCAD/BANI business environment, it is important that businesses focus their attention and resources on their core business functions. However, at the same time, the Human Resources Management function cannot be ignored as it is important to keep the workforce motivated, help drive company culture and fill the talent gaps in the organization among other important organizational aspects, all of which directly impacts business results.
As a consulting organization, Growthsqapes is in the area of delivering multiple aspects of Human Resource Management consulting services and Human Resource Advisory (HR Advisory) as an external service provider, to large organizations as well as SMEs. With professional expertise and domain knowledge of multiple industries and sectors, through our HR advisory services, our aim is to make your organization future ready.
At Growthsqapes Consulting, we pride ourselves on our ability to provide high-quality HR solutions that are not just effective but are tailored to meet the unique needs of your business. Our team of experienced HR professionals specializes in a wide range of services, including but not limited to:
Services offered
HR Audits & Diagnostics
HR Advisory Services
HR Policy formulation & review
Strategic HR Consulting Projects
Organizational re-structuring
Compensation and Benefits design and benchmarking
Rewards and incentives strategizing and design
Statutory compliance
Policy benchmarking
HR Strategy Development
Talent Management
Compliance and Regulatory Guidance
Employee Engagement & Retention
HR Process Outsourcing
Objectives
Bring HR Consulting and expertise on the table for the client
Offer cost effective and efficient solutions that create business impact
Create circumstances that allow the client to focus on their core business
Minimize regulatory and compliance risks for clients
Offer objective feedback on client’s existing HR capabilities
Business Impact for the Organization
Creation of a ‘Here and Now’ to ‘There and Then’ strategic roadmap and HR metrics to measure, monitor and manage change.
The organization gets a collective belief, a clarion call and a guiding principle to proceed in HR matters.
Benchmarked policies and practices act as foundations of HR strategy building.
Creation of a lighthouse to guide a long-term employer branding
Mergers & Acquisitions: The Growth Chemistry of Business
Mergers and acquisitions (M&A) are business terms to describe situations in which businesses consolidate or one business acquires another. This being a business reality of today, business organizations may opt for this process for a variety of reasons. M&A are carried out for reasons that are allowed under the mergers and acquisitions law of each country. It’s benefits include elimination of excess workforce, growth acceleration, technology and the procurement of new talent. By merging or acquiring firms, business organizations overcome competition, attain economies of scale, acquire a monopoly, and multiply profits.
However, the disadvantages cannot be overlooked either. It involves a significant level of risk—acquisitions are expensive. Such changes in ownership can adversely impact a firms’ stock prices. Cultural difference is a huge hurdle—newly formed teams always take time to work smoothly. The overvaluation of a target firm can result in huge financial losses. In M&As, many employees lose their jobs—due to the duplicity of roles. Owing to the above, M&A between two business entities often comprises complex processes that involve significant changes to the organizational structure, culture, financials and operations of both entities. Working to ensure a smooth transition is critical in avoiding merger and acquisition problems
As a consulting organization, we recommend treating M&A not only as a financial transaction but also as an Organizational Development (OD) intervention, essentially for several diverse reasons. Towards the same, Growthsqapes functions as your close partner for all aspects of M&A. At Growthsqapes, we leverage the unrivalled knowledge and data-driven insights of our professionals to guide you seamlessly through the crucial business and human aspect of M&A.
Services offered (Consulting & Guidance)
Growthsqapes partners with clients in the following areas during M&A:
Buy-side & sell-side Shortlisting:Thorough evaluation of product-market, technology and finding presence of intangibles in the possible merging/combining entities.
Synergy Estimation: Identifying visible and latent sources of economic benefits of the deal.
Valuation & Deal Pricing:Applying agreed valuation methods to arrive at fair valuation.
Payment and Valuation Risk Mitigation:Devising payment method to neutralise valuation risks.
Legal Advice:Compliance of various laws affecting deal structuring, implementation and integration.
Managing Change: M&A transactions bring about substantial changes within organizations, including changes in leadership, reporting structures, job roles, and processes. By applying OD principles and methodologies, organizations can effectively plan and execute the necessary organizational changes, minimize resistance, and ensure a smooth transition for employees.
Cultural Integration: Cultural integration is a critical aspect of M&A. Our OD interventions help organizations identify cultural gaps, develop strategies for aligning and blending cultures, and facilitate a harmonious integration of the two entities.
Team Integration: M&A involves bringing together teams from different organizations with potentially different work styles, norms, and team dynamics. Our OD interventions can help integrate these teams by promoting open communication, building trust, and facilitating team-building activities.
Leadership Development: M&A transactions often require new leadership structures and roles. Our OD interventions can support the development of integration leaders who can effectively guide the merged entity. This may involve leadership assessments, coaching, and leadership training programs to enhance leadership capabilities and adaptability in the context of the M&A.
Talent Management: M&A can have a significant impact on the talent landscape of both entities. Our OD interventions can help organizations assess, align, and develop talent within the merged entity.
Communication and Stakeholder Engagement: Our OD interventions provide frameworks and tools for designing communication plans, conducting stakeholder analysis, and facilitating meaningful dialogue. By leveraging OD practices, organizations can foster trust, mitigate resistance, and build a shared understanding of the M&A process among stakeholders.
Organizational Design and Structure: M&A often necessitates changes in the organizational design and structure to optimize efficiency, streamline operations, and align with the strategic objectives of the merged entity. OD interventions can assist organizations in redesigning structures, clarifying roles and responsibilities, and establishing effective governance mechanisms. This ensures that the organizational design supports the new strategic direction and facilitates the integration process.
Building internal HR/OD Managers: Growthsqapes partners with clients’ internal HR & OD team is to augment their focus and competence on building integration leaders within the organization.
Objectives
This interdisciplinary programme aims at:
Understanding how to grow fast through inorganic combination of related or unrelated businesses.
Appreciating that M&A can outperform green-field or grey-field expansions.
Comprehending what drives value of the merging business.
Understanding how investors and other stake holders gain through M&A.
Who should attend?
Our pre and post M&A consulting and guidance should be attended by:
Corporate managers responsible for strategic growth initiatives including CXOs.
Owners/CEOs/CFOs of family-owned un-listed companies and SMEs.
Corporate lawyers performing due diligence and effecting legal procedures for M&A.
Lending officers of Banks & FIs.
HR & OD Leaders & Managers
Key learning for participants
Gain wider knowledge of long- and short-term value creating strategies for buy-side and sell-side M&As.
Select the right partner and right form to structure and negotiate a wining deal.
Gain knowledge of the need for planned integration process for successful M&A.
Develop understanding of what shall be the right value & price and how should the deal be paid off.
Know various risks associated with M&A deals and their mitigation.
Business impact for organization
Cohesive thinking and sharp actions towards business expansion.
