Acquisitions and mergers are a common occurrence in today’s business world fueling growth and profitability, expanded market share and the introduction of new products and services. There are many items to be checked off on the “to do” list during the merger process from the organizational side, but what about the human factor?
Companies need to be aware of the risks that could exist in the staff of the business it just acquired. Organizations need to make sure that a background screening program is included in the procurement process and added to the total cost of ownership to mitigate the risks and protect the brand after the merger.
