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The Agile Brand with Greg Kihlström®: Expert Mode Marketing Technology, AI, & CX

#144: Mergers, Acquisitions, and Company Culture with Klint Kendrick

The Agile Brand with Greg Kihlström®: Expert Mode Marketing Technology, AI, & CX

The Agile Brand

Business, Marketing

4.9113 Ratings

🗓️ 27 May 2021

⏱️ 21 minutes

🧾️ Download transcript

Summary

Today we’re going to talk about mergers, acquisitions, and how to ensure a successful outcome when two or more company teams and cultures are merged. To help me discuss this topic, I’d like to welcome Klint Kendrick, Chair of the HR M&A Roundtable.

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Transcript

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0:00.0

Hi, this is Greg Kielstrom. Welcome to season three of the Agile World, where we discuss customer

0:06.4

employee experience, organizational and workforce transformation, and how business can adapt and

0:11.5

continually improve at an Agile age. The Agile World podcast is brought to you by tech systems,

0:17.0

an industry leader in full stack technology services, talent services, and real world application.

0:22.8

For more information, go to techsystems.com. To read more about the topics discussed in the show,

0:28.5

you can go to my website at theagile.world and read my latest articles or get a copy of my latest

0:33.6

book, The Agile Workforce, now available on Amazon and other retailers. My name is Greg Kielstrom,

0:39.4

and I'm the host of the Agile World podcast. Today we're going to talk about mergers,

0:43.6

acquisitions, and how to ensure a successful outcome when two or more company teams and cultures

0:48.7

are merged. To help me discuss this topic, I'd like to welcome Clint Kendrick, chair of the HR

0:54.0

M&A Roundtable. Welcome to the show. Great. Thanks for having me, Greg.

0:58.8

So Clint, you've been part of a lot of M&A activity within your career, and a lot of what we hear

1:04.2

on the outside, let's say, is talk of financial opportunities and financial considerations when

1:10.6

we're talking about mergers and acquisitions. But today we're going to talk a little bit about

1:15.2

another very important consideration when companies do a merger, and that's things like

1:20.7

retaining key talent and other HR-related issues, which have an effect on both short and long-term

1:27.3

productivity and even things like long-term innovation. So your first book, The HR Practitioners,

1:34.0

Guide to Mergers and Acquisitions, Do Diligence, filled a gap in the market. Can you talk a little

1:39.6

bit about why he wrote it and the challenges that helps businesses solve? Absolutely. So I wrote

1:45.6

the book for a few reasons. One of them, I was one of those acquired employees. In fact, I've

1:50.8

been acquired a number of times in my career. A couple of times it really didn't affect me personally,

1:56.2

but one of those times the company was so dramatically changing the way that I was compensated

...

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