Challenge
A top 5 medical device company performed a tuck-in acquisition of a complementary product line. Key to realizing the full value of the acquisition was retaining R&D staff.
Approach
Scimitar worked with the client to ensure thorough change management with the onboarding staff through global town halls, meet-and-greets, newsletters, and an integration roadmap. Training needs were identified to fill gaps in staff capabilities and support the success of the integration.
Impact
Our change management approach ensured staff knew what to expect and when, resulting in greater clarity and commitment for the combined organization. The staff reported high scores for the acquired company feeling "embedded" by 6-months post-Day 1.
