3 ms·
My company is currently being acquired, but the signs were there for over a year: - A lack of guiding objectives and growth plans (which are vital in this part
by Ostrogoth 3y ago
My company is currently being acquired, but the signs were there for over a year:
- A lack of guiding objectives and growth plans (which are vital in this particular industry)
- Major personnel change on the executive team. New exec had lead CIC events at several prior orgs.
- Complete re-organization of the development side of the business, with a focus on cost cutting and separation into separate divisions.
- Entirely new HR dept hired. More red tape and internal scrutiny.
- Increased political power consolidation within legal department, with several odd (politically motivated?) high level promotions there.
- Lack of internal promotion and compensation. Not replacing personnel who left because of this environment.
Any one of these wouldn’t be a red flag by itself, but all combined were a fairly clear indication.