Companies acquire other entities for a variety of reasons: to gain market share, acquire a new technology, or gain an edge on the competition. Not all acquisitions lead to assimilation of the two entities, but it is more common than not.
Mergers and acquisitions have become a common phenomenon in recent times. A merger of the size of Oracle-Sun Microsystems has implications for the workforce of these companies across the globe. Although the merging entities give a great deal of importance to financial matters and the outcomes, human resources issues are often neglected.
Corporations face the challenging task of rapidly assimilating newly acquired employees, not only into the company’s culture, but into their information systems. This critical task falls on the acquiring company’s Human Resources Department, generally wholly responsible for quick and accurate integration. Because a company’s Human Capital Management system is the source record for all employee information company-wide, it’s vital to rapidly and accurately assimilate the new employee data.