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CAUTION:
MERGING COMPANIES
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| "When
you absolutely define and understand your core themes, you're
going to make better decisions about your life and career."
Ray Inglesi, career counselor |
MAINE SUNDAY
TELEGRAM
By Doug Hubley
PROPER
PREPARATION WILL MAKE SURE THAT YOU CAN TAKE A TAKEOVER.
We now know
that even the most bedrock Maine companies can't resist the siren
song that goes, "Take me, I'm yours."
We watch Maine-owned
companies like Hannaford Brothers and Brunswick Technologies hand
the reins over to out-of-state concerns, and, unless we're stockholders,
it makes us jittery. Such mergers and acquisitions strike at our
precious Maine identity and sense of self-determination. But if
they make bystanders like us uneasy, how do you think the employees
in question feel?
"For employees,
it's like having a partner in a marriage suddenly switched on them,"
says Rhoda Mitchell, career counselor at the Portland-based firm
New Leaves. Relationships with the workplace involve our personal
finances, our sense of self-worth, often our close friendships and
even our value systems.
Feelings of
shock, fear, helplessness or denial are all normal. So are feelings
of relief and liberation. But whether you see it as a threat or
a thrill, and whether you stay or go, there are ways to improve
your chances of weathering the storm intact.
Ideally, you
can come out of it better off than you went in. After all, there
have been worse eras in history for job upheaval, thanks to the
strong economy and tight job market.
As in so many
things, the time to start dealing with changes in the workplace
is now -- before transition is even on the horizon.
"You have to
position yourself for future opportunities," says Raymond Inglesi,
president of Drake Inglesi Milardo, a Portland human-resources
consultancy whose services include outplacement. "You can't wait
until the opportunity comes. You have to prepare."
Make sure that
your financial reserves will carry you through an extended period
out of work -- a period of months, not just weeks.
Keep your career
assets in order, too. Update your resume regularly. Maintain your
network of contacts. Grab opportunities to refresh and expand your
expertise. This will make you more valuable if you stay put and
more employable if you don't.
Finally, keep
your eyes open. Good reconnaissance will tip you off to an pending
merger or acquisition, and help you assess your role in it once
it arrives. "You've got to be aware of what's going on in the organization,"
Inglesi cautions. "You can't just put your head under the sand and
pay attention to your [own] job."
Listen to the
company grapevine, but be discerning. Try to substantiate the buzz
and to understand your company's position in the marketplace. Follow
changes in corporate strategy, products and the office culture.
Research your company in publications, including its own annual
and quarterly reports, and on the Web. If you hold company stock,
attend stockholder meetings.
When the blow
falls, though, even the best preparations will carry you only so
far. It's crucial to address the emotional fallout of a corporate
restructuring quickly, because you can't make good career decisions
-- or be a good spouse, friend or parent -- if your mind is clouded
by insecurity or anger.
Feelings of
fear and loss of control over one's destiny can be especially counterproductive.
Fear is blinding, says Barbara Babkirk, a counselor whose Yarmouth-based
firm, Heart at Work, specializes in workplace issues. Fearful people
focus on what they're afraid might happen, rather than on the facts
of the situation. That wastes time, attention and energy.
Similarly, a
sense of losing control of one's fate can be self-fulfilling. People
so afflicted "often feel confused, they don't know what to do, they
may get angry, they may feel depressed, start to withdraw," Babkirk
says.
The antidote
is to focus on the facts -- about the corporate changeover and about
yourself. In short, you want to reclaim your objectivity. After
all, a corporate shakeup might be the perfect opportunity to figure
out, once and for all, what you really want from your job and your
life.
"It's really
important to do some soul-searching, and that's about getting a
sense of control back," says Babkirk. "Most
people need to slow down and create some time for reflection. And
when we're afraid, we tend to speed up."
So give yourself
a break and take care of yourself, she advises. "Find time to take
a walk, to eat well, to try and create some kind of balance in your
life," she says. "That will help you manage the transition much
more easily, because it will help build your resources."
Talk things
over with family and friends. If you've ever thought about enlisting
someone as a personal coach, this may be the time. And don't rule
out counseling, whether it be personal or career counseling or both.
Of course, myriad
books are devoted to the subject of surviving career changes. Joan
Lloyd's "Career Decisions Planner," Charles Handy's "Age
of Unreason," Spencer Johnson's "Who Moved My Cheese?"
and the career-move bible, Richard Bolles' "What Color is Your
Parachute?" are all well-regarded.
Many companies
nowadays help workers through corporate upheaval.
"Most of the
companies we work with, if not all of them, do a very decent job
of taking care of this transition," says Inglesi. Firms like his
may be hired to provide services for both employees who stay and
those who go. For the latter, outplacement programs include career
assessment, personal counseling and job-search training.
The point of
your self-examination should be to identify the core values, interests
and needs that drive your character. For example, are you committed
to living in Maine? Are you a detail person or big-picture type?
Should your job reflect, or at least not conflict with, your moral
beliefs?
The job that
satisfies those factors, which Inglesi calls "core themes," is likely
to be a good job you can live with. "When you absolutely define
and understand your core themes, you're going to make better decisions
about your life and career," Inglesi says. "It's really that simple."
"The actual
specific career may not be as critical as making sure that the core
themes are met," he adds.
Soul-searching
may illuminate those values for you. Or you may prefer some objective
assistance -- for example, a career counselor equipped with the
personality and aptitude tests that can lay out your inner workings
in black and white.
Finding your
core themes might even answer one of the biggest questions asked
by employees who stay with a company through the big shake-up: Should
I stay or should I go?
Either way,
try to see the transition as an opportunity. Some may find it easier
to go. It's a chance to start fresh, possibly sweetened with an
early-retirement package. The corporate shakeup may be just the
spark you need to touch off a brand-new career.
If you tough
it out, there are ways to maximize your longevity and perhaps improve
your position. Keep your performance up, improve it if you can,
and be sure to let your managers know what you're up to. After all,
if the old employees don't yet know whom they're dealing with, neither
do the new kids. Do what you can to assure them of your value to
the company.
Write a specific
job description and pass it to your manager. Be proactive about
the transition -- inform yourself about the incoming company, stay
visible, offer ideas for easing the transition. See what you can
learn from the new executives. Most important, keep a positive attitude
and minimize your contact with the people who don't.
Whether you
jump or stay put, remember that job satisfaction is ultimately up
to you. People have to take responsibility for their careers, Inglesi
says. "The company's not going to take care of them for the rest
of their lives. Those days are gone and have been gone for a number
of years."
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