May 14, 2014

The Drugs Don’t Work

Marc Hogan was bet £1 that he couldn’t become a stand up comic in less than 12 months and perform a one man comedy show at the Edinburgh Comedy Festival for 21 nights. He won the bet!

I worked in the pharmaceutical industry for nearly a decade, and in that time I worked very closely with Pfizer who are currently looking to buy AstraZeneca.

It’s perhaps a little telling that AstraZeneca sales reps were simply known as AZ whilst Pfizer reps were called Pschizer (the P is silent).

Of course with 503 male MPs whose average age is 50, the fact that Pfizer make Viagra may of course sweeten any deal…

Be that as it may when any two companies merge there is bound to be what managers call “rationalisation” or job cuts as it’s known in English.

The real question is what does this uncertainty do to the morale of the workforce?

Now I understand that companies merge or get taken over all the time and only time will tell if this proposed merger is a good or bad thing but if it was my company I’d be holding regular and clear briefings with the workforce. There is nothing worse than reading about your job in the papers before your boss tells you about it.

More importantly, I’ve worked with many companies where employee disengagement post-merger is a real danger

People feel their job security is threatened.

Battle lines are drawn and an “us vs. them” attitude emerges.

People feel disempowered as overall decisions are waited from the top

This all leads to a very real loss of morale and I’m pretty sure they neither Pfizer nor Astra Zeneca are allowed to dish out anti-depressants as part of their employees’ package.

What’s really important post merger is that a ‘shared vision’ is created and that there is constant, honest communication with employees, where both sides can communicate honestly and constructively. Just as important, who are the ‘real influencers’ in a team or a department? These people will be vital for any successful merger.

No matter what happens next, Mergers and Acquisitions are here to stay but history is littered with failures EBay and Skype, NewsCorp and MySpace, Hewlett-Packard and Compaq to name but a few.

Let’s hope Pfizer and AstraZeneca doesn’t turn out the same…


Click here to watch Marc’s showreel. If you would like to find out more about Marc, visit www.marchoganlive.com or to book him for a speaking event please contact your favourite speaker bureau.

 

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May 13, 2014

Recent Feedback

Marc Hogan was bet £1 that he couldn’t become a stand up comic in less than 12 months and perform a one man comedy show at the Edinburgh Comedy Festival for 21 nights. He won the bet!

Recent feedback:

Marc’s presentation was excellent. His easy style connected with and engaged the audience right from the off. He left us all with plenty of food for thought and with inspiring ideas to help us to face ‘whatever’ situation we are presented with in the future.

He was, sincere, candid, charming and of course … very funny and I would have no hesitation recommending him to anyone in the future!”

Audrey L. Hall – Conference and Event Manager, Lansdowne Publishing

“Marc can I say how much many of us enjoyed your session; it was exactly what we needed at the right time – funny, inventive and engaging.”

Phillip Shelley – National Vice Chair, Hospital Caterer’s Association

“Thanks again Marc. We loved the evening, lots of customers have mentioned your speech and make sure if you are doing any more comedy shows I get an invite!”

Mark Hinder, Market Development Manager – Konica Minolta UK and Nordics

“Marc, everyone at Konica Minolta was really pleased and they thoroughly enjoyed your presentation, thank you!”

Charlotte Graham-Cumming, Joint Managing Director – Ice Blue Sky


Click here to watch Marc’s showreel. If you would like to find out more about Marc, visit www.marchoganlive.com or to book him for a speaking event please contact your favourite speaker bureau.

Follow Marc_Hogan on Twitter