HR: The Friendly Ghost of M&As!
Let HR haunt your pre and post-M&A processes so everyone can live happily ever after(life)!
The role of HR is crucial in ensuring a smooth transition and maximizing the success of mergers and acquisitions. If you don’t include the human factor in your planning from the beginning, your chances of realizing the desired end state go down dramatically. Read our blogs below to learn about the importance of HR during the pre and post-M&A phase:
The Importance of HR in GovCon Mergers and Acquisitions: Preparing for Success When it comes to mergers and acquisitions (M&A) in the government contracting (GovCon) industry, there are complex processes involved in integrating multiple organizations. While financial aspects and strategic synergies often receive the most attention, it is crucial not to underestimate the vital role played by Human Resources (HR). HR professionals are instrumental in ensuring a smooth and successful merger or acquisition by effectively managing various people-related challenges and facilitating a seamless transition for employees. Read More
The Crucial Role of HR in GovCon Mergers and Acquisitions: Ensuring a Successful Transition Mergers and acquisitions (M&A) in the government contracting (GovCon) industry bring forth significant changes and challenges for organizations. As the integration process begins after the sale closes, Human Resources (HR) assumes a crucial role in ensuring a smooth transition and maximizing the success of the merger or acquisition. In our previous blog, we discussed the importance of HR due diligence prior to the sale. Any HR due diligence items that were not completed prior to a merger or acquisition due to timing or lack of cooperation during the process should be conducted as soon as possible. Now, let’s explore additional key GovCon HR activities that are vital during the transition phase. Read More
From Our Friends at sbLiftOff: Small Businesses With ‘Set-Aside’ Government Contracts Getting started in government contracting is hard. Not only does the government have a blizzard of arcane rules, but small-business owners must also compete with corporations that thunder past them carrying human capital, revenue, reputation and past performance. To provide a level playing field for small businesses, the federal government limits competition for certain contracts to small businesses, women-owned, service-disabled veteran-owned and other such categories. Known as “set-aside contracts,” they help small businesses to compete for and win in the federal marketplace. Read More
GovCon Event: Cybersecurity And M&A
Both ghosts and cyber threats can be mysterious and difficult to detect, and both can cause disruptions that can be difficult to explain. It’s important to stay vigilant and take steps to stay protected in both the physical and digital realms.
Learn more about the state of cybersecurity investments, market trends and future predictions at the 4th annual Cybersecurity and M&A: The State of Market, Trends, Drivers, and Future Predictions event on October 19, 2023. Register Here
The National Breast Center Foundation is Improving Access & Improving Results
The National Breast Center Foundation exists to improve the lives of women by removing barriers that prevent them from getting proper screening, diagnosis, and education about breast cancer. They are building a network of cancer-care providers, providing access to discounted services around diagnosing and staging breast cancer and hosting events to raise awareness and funds to expand their services.
Please consider donating to this grassroots, scrappy organization that truly makes a difference. Click the following link to support this tiny, but mighty organization: Stephanie Alexander’s Fundraiser
We Are Hiring!
Please click the link below to explore our current career opportunities:
BOOST LLC specializes in providing accounting, contracts, strategic pricing, HR, and staffing services for government contractors, ensuring compliance, efficiency, and profitability in the complex world of government contracting. Contact us to get started today.