Integrating two businesses is not easy. Integration teams require focus points in order to minimise disruption - and people are the most critical element. There is a 23% increase in actively disengaged employees post acquisition, which leads to higher attrition rates, increased disruption and variance from plan.
We have developed an online cultural mapping and analysis tool, Pi3 (TM pending). Developed with a business psychologist this tool gathers data points and analyses them to produce a visual representation of difference focused on eight big cultural dimensions:
Rule following vs empowered
Internally focused vs customer focused
Short term focus vs longer term focus
Silo thinking vs cross-company collaboration
Serious and sober workplace vs informal and fun workplace
Slow decision making vs fast decision making
Information is held by the few vs information is transparent
Resistant to change vs open to change
Double click to insert body text here ...
The result is a digital, visual representation of compatibility. This means integration teams know where to focus effort, leadership teams can address potential issues early and there is less time and effort spent during integration.