2015
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Browsing 2015 by Author "Babar Kamal 13022048001 ,Abuzar Ghaffari 13022048002"
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Item IMPACT OF METRO-MAKRO MERGER ON EMPLOYEE ENGAGEMENT AT METRO RAVI STORE (PREVIOUSLY MAKRO STORE)(UMT,LAHORE, 2015) Babar Kamal 13022048001 ,Abuzar Ghaffari 13022048002Mergers and acquisitions are corporate restructuring done primarily with the aim of creating value for its shareholders over and above the sum of two companies. Revenue enhancement, cost efficiencies and many other benefits actually compel any two companies to merge thus, creating a synergy, but in practice things can go awry. This study also examines the greater challenges faced by the HR department at Metro after Makro- Metro merger. Conducted at Metro Ravi branch , where HR is has to address various employees concerns like employee engagement , dissatisfaction and demonization ,redrafting policies , division of tasks and many others in the ongoing process of establishing the cultural due diligence. The information was gathered with the help of Employee Survey Questionnaires and interviews conducted for the key executives at Director level to associate level employees of the two merged enterprises. The data collected was then analyzed with the help of statistical tools. Major findings revealed that the employee issues stemmed mainly from two different cultures integrating