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Rescooped by David Hain from Business Brainpower with the Human Touch onto Business change |
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Mergers can open new opportunities for employees. Survival just takes some careful planning.
Few events are as stressful for employees as news of a merger or acquisition. Regardless of how brightly the "marriage" of two companies is presented, jobs will be lost. But mergers can also open new opportunities for employees who may end up succeeding their laid-off boss. Survival just takes some careful planning.
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Given the known failure rate of start-up businesses, all business owners who go down this path, need to be well aware of the traps that lie in wait for them.
Complacency and lack of foresight are common features in the make up of business owners, who did not succeed to make a good go of their start-up ventures, and addressing these two areas will help any new business owner avoid failure.
This excellent article, suggests that forewarned is forearmed, and it suggests 10 mistakes that every start-up should avoid making if they want to build a successful business. Via Daniel Watson 
Daniel Watson's curator insight,
November 29, 2012 6:37 PM
Given the known failure rate of start-up businesses, all business owners who go down this path, need to be well aware of the traps that lie in wait for them. Complacency and lack of foresight are common features in the make up of business owners, who did not succeed to make a good go of their start-up ventures, and addressing these two areas will help any new business owner avoid failure. This excellent article, suggests that forewarned is forearmed, and it suggests 10 mistakes that every start-up should avoid making if they want to build a successful business. Delete the scoop?
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There are always winners and losers, since no merger I know of has ever been truly of equals. But there are also opportunities...