PHOENIX–DDJ Myers has released the third paper in a three-part series of white papers on mergers.
The newest release, “The Newly Merged Organization,” is part of a series titled “Credit Union Leaders Plan Post-Pandemic Merger & Acquisition Strategies.”
“Now that the merger has been planned out and the paperwork has been executed, it’s time to activate the most valuable asset to the credit union – its people,” the company said in releasing the white paper. “Part Three looks at the many ways the new organization can utilize their staff to create a smooth transition.”
Engaged employees will feel valued and be advocates for the transition both in the office and in the community, the company stated, adding, “This energy ensures success of the new brand, organizational structure and overall success of the organization.”
"Employees are often fearful when a merger occurs,” says Deedee Myers, CEO of DDJ Myers. “They worry they may lose their job or the local community involvement they’re accustomed to will diminish,” added Myers. “Being proactive by sharing plans and opportunities that will be available in the future will help to ease these fears and create cheerleaders instead of critics.”