A CEO is like a general.
If you acquire a company, you also take responsibility for a legion of new employees.
And if you don’t gain the loyalty of your followers, like a bad general, your M&A will fail.
In fact, this is one of the most underrated risks for an M&A integration.
In the eyes of the people, you’re someone who changed a comfortable status quo.
And the longer your employees are wary of you, the less likely your plan succeeds.
Fortunately, there are 4 ways you can convince them to trust you, so everyone can reap the rewards sooner rather than later.
In today’s episode, you’ll discover how your presence alone can boost the confidence of your entire personnel, the steps to avoid confusing your new employees into inaction, and how to build trust with your team even though you don’t know the answer to every question.
Show highlights include:
- The “Proxy” trap that dooms every acquisition from the get-go (even if you fulfill every part of your checklist) (3:10)
- How to win over a legion of suspicious employees from day one (4:58)
- How the best CEOs use tough questions from their personnel to their advantage (9:51)
- Why integrity makes you stand out from the crowd of bad leaders (and kickstarts M&A success) (16:49)