Stakeholders are often ignored in an M&A process. Mergers and acquisitions are complex. The process requires taking a bet on the future. Detailed analysis and careful reflection is required. The usual areas covered in coming to a decision involves understanding the nuances of the commercial, operational, financial, accounting, tax, legal, and organisational aspects of the envisioned venture and a review and condition assessment of the physical assets. There are many other considerations that need to be taken into account as well.
What is the problem with management?
In the course of my consulting practice I often come across these plaintive cries:
• We need to transform our leadership.
• We need to be more dynamic.
• We need new models for transforming our organisations.
These organisations then throw themselves into the latest [expensive] leadership fad, and take their pick from Action Leadership, Authentic Leadership, Complexity Leadership, Conscious Leadership, Distributed Leadership, Servant Leadership, Transformational Leadership or any of a dozen other promises of magically transforming methods. Each one professes to have the magic ingredient that all the other have somehow missed. These organisations spend a fortune on training, usually with an overseas consultant, and then when it does not have the desired result, they run off after the next fad. Personnel departments demonstrate their indispensability in this way.
My dear friends,
Alas, we were unable to reach the crowdfunding target for publishing ‘From Them to Us’.
I am working on other ways to get to the same result. Watch this space.
Thank you all for your support.
I am crowdfunding a practical how-to book on stakeholder engagement. I know that it will be a valuable addition in your professional life.
I have spent the last nine years developing tried and tested tools and methods for effective stakeholder engagement in our South African context. They address the requirements of AA1000SES, King IV and Integrated Reporting. I have captured these along with time-saving tips and techniques in a book: From Them to Us: the South African Guide to Stakeholder Engagement.
Here are some thoughts on the recent elections and political events that have taken place around the world, and reflections on developments in my own country, South Africa.
This blog summarises the main findings of my recent work in stakeholder engagement. It highlights opportunities to improve the quality of professional engagement practice. Stakeholder engagement is a critical organisation competency and is becoming increasingly important for business, government and NGOs.
We are well into the New Year!
It’s a good time to review your stakeholder engagement plan, before it gets too busy.
Some pointers to help you: Continue reading “Quick, before the New Year disappears!”
King IV is right on the button! In a time of global political and economic volatility and governments scrambling to balance the socio-economic imbalances of the country. Stakeholder negligence by an organisation may result in the impairment of its licence to operate [LTO]. Once an organisation is labelled with a MustFall hashtag, it loses value and its Licence to Operate. Continue reading “Stakeholder Engagement and King IV”