Keeping Management on

by a searcher from Notre Dame de Namur University

1 year ago

A question for the community. When you are looking at the current management- are you keeping them on with the same salary, but implementing new milestones and standards that they have to hit moving forward? Or are you letting go of management as a whole, and bringing your own management for each role? During post acquisition did the management personnel leave, because they didn't agree with these milestones/standards. 

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1 year ago | like reply | 0 likes

searcher from New York University - Leonard N. Stern School of Business

Whether to keep or replace mgmt is really a function of what your goals are for the business and whether mgmt would agree with those goals or has a different view. Capable mgmt is key and it’s better if the existing stays and is aligned but you have to be prepared to put in a team that shares your vision.

1 year ago | like reply | 1 like

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