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Zuzana Fiantokova

Myth 06

“Employees won’t even notice that we’ve been acquired.”

 

Not long ago, I was having coffee with a friend. She works in payroll. Her employer has been acquiring one company after another at a rapid pace.

And every time, the same scenario plays out. No change management. No impact assessment. Nothing.

“Why not?” I asked.

“Because leadership says that nothing really changes for employees anyway.”

And yet she sits exactly where the changes become visible first. She processes payroll for several companies that have become one over the past two years. And she knows that from a legal perspective alone, something always changes for employees. The company name changes. An addendum to the employment contract may be required. Different rules and processes apply. If there are trade unions in the organisation, it becomes even more complex.

It is not just a piece of paper for an employee to sign.

A small process detail. Invisible to leadership.

For the person receiving an addendum to sign, it is the beginning of a whole series of questions.

 

This is the illusion companies often repeat to themselves during acquisitions:

“It’s just administration. We change the company name on the contract and carry on.”

But the name on the contract is not just administration. It is a signal. And the brain reads it as change, even if management sends it as a formality.

The employee receiving that addendum does not care about the legal entity.

They care about how the change affects them.

“What does it mean that my contract is changing? Will I have to work differently? Will there be new rules? Will I keep the same manager, or will I get a new one? Does what we agreed last year still apply?”

 

In an acquisition, it is not only the name on the contract that changes.

What changes is whose rules now apply.

One company takes over another. With that comes the way approvals work, the company culture, the language people use, whether people leave at five or stay until seven, who is trusted, and what is actually considered good performance.

Two cultures walk through the door, but the expectation is that only one will live there.

That is not a change of stamp.

It is one of the most demanding changes a company can impose on people.

And most employees learn about it in fragments.

From an addendum.  

From a new logo in the email footer.  

From a new brand manual.  

From the fact that a colleague who used to approve something is no longer allowed to.

No one has told them what specifically is changing for their role, because no one asked that question on their behalf.

 

William Bridges described this in his transition theory.

Change is an external event. A new name on the contract, a new owner, a new logo. It can happen in a single day.

Transition is what a person goes through internally, and that takes much longer.

You can sign the change on Friday.

Employees may go through the transition for months.

Leadership sees an effective date. The employee lives through the uncertain period between what they knew and what they do not yet understand.

  

This gap is exactly what a change impact assessment can help identify in detail.

It is the tool that asks what the change means for specific groups.

– What changes for Payroll?  

– What changes for Sales, which now reports into a different structure?  

– What changes for the team whose manager is no longer their manager?

Different groups. Different impact. Different questions.

Without this analysis, leadership works with one average, generic idea of “the employee.”

The assumption that “nothing changes for people” is not harmless.

 

It is a decision not to look.

A change impact assessment is exactly the tool that can change that.

And it is not useful only for mergers and acquisitions. You can use it across all types of change and transformation: technology, AI, process, and culture.

It is also one of the topics we cover in the Change Academy Masterclass.

You can sign a contract in a day. It can take years to bring cultures together.

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