Sallie J. Cunningham is the HR Executive, Integration Leader at Cytiva (formerly GE Life Sciences). She is a global HR professional with demonstrated expertise in strategic business partnerships, executive and talent management, succession planning, organizational design and development, mergers and acquisitions and employee relations management
Together they discuss the process of moving employees, how to approach ringfencing, and what Transition Service Agreements (TSAs) are. Sallie also explains what the key materials HR must-have when it comes to preparing for due diligence during a divestiture and which transition records are required for HR to gather.
70% of serial acquirers feel they do not do a good job of assessing leaders and culture - a staggering stat to say the least given that culture and poor leadership are often cited as the top two reasons deals fail to meet their thesis. Consequently, it is quite obvious if practitioners (especially on the buy-side) do not fully investigate culture and leadership during a deal’s lifecycle, they cannot build a plan to address potential differences and problem areas, which will ultimately have a negative impact on business.
On this episode, Kison speaks with Sallie Cunningham about how to plan a divestiture from HR’s perspective. Together they discuss the process of moving employees, how to approach ringfencing, and what Transition Service Agreements (TSAs) are.