When things feel up in the air, it’s hard for employees to stay grounded. If your business is changing ownership, the staff might feel uncertain about their futures. Their concerns will change, and they’ll view their careers from a different perspective. Until the change has been completed, the days will need to go on the same way they always have. Keeping things flowing means changing the way collaboration works under these new circumstances.
Know What Needs to Be Done
When new owners come in, old long term goals or policies might change. Think about what needs to get done in the moment. No one can work together productively if they feel as though what they’re working towards is useless. What does your team definitely need to accomplish before the transfer? What long term projects can be scrapped to accommodate current priorities? Make sure everyone is on the same page as far as what is most important at this time.
Take it Out of the Office
Whether you’re selling a brick and mortar office business or selling a website, the people who aren’t sticking around for the new owners are going to be working in a new environment soon. Staying in the office might be a little uncomfortable or downright upsetting to the people who aren’t happy about what’s going on. Encourage your team to collaborate in new environments. Let them work at a coffee shop or in a public park. The change of scenery will take their minds off of a big change they may not be happy about. Allowing them to work remotely from home is also a valuable alterative.
Don’t Stop Team Building
People value the relationships they build at work. If you know your deal will be completed in 90 days, you shouldn’t stop team building activities for that time. They’re still going to be working together. You need your team to feel strong and focused. Transfer of business can be demoralizing if you let regular day to day activities fall apart. Ownership may change, but in-office relationships can remain the same throughout the process.
Unite Employees Who Are Staying
Some people may elect to find new employment after the change of ownership takes place. The ones who don’t may not regularly work with each other. Now is a great time to bridge connections between teams. Familiar faces will be able to stick together into the future if the new owners want to retain as many of your employees as possible. Making these introductions and encouraging these people to work together will make the transition easier.
Strengthen Exit Relationships
Employees who are moving on may need people to use as references for future employment. Some of them may need a little help networking. Encourage your team members to do this with each other. Letters of recommendation and sharing leads are productive steps for everyone who won’t be staying behind. Encourage them to attend events and expos with each other after work. Let them spend their downtime or gaps between projects exploring leads and helping each other out. This is a different kind of productivity, but it’s an important kind of productivity. When your employees know they’ll be able to find a little time to set up their futures, they’ll be less distracted from their day to day work.
Keeping everyone collaborating and socially involved is very important when something is significantly changing in the workplace. People spend so much of their lives at work that they need social and emotional support in the office just as much as they do at home.
About the Author:
With a background in communications and management, Amber often writes about small business and budding entrepreneurs. When not working, you can find her online chatting with her friends or reading industry blogs. Connect with her on Twitter.
Latest posts by Amber Brunning (see all)
- Transfer of Business: How to Make Your Team Stay Productive - August 22, 2017