Five good friends and Mary Margaret Edwards.

The following is the original and the rewrite can be found by clicking here.

Behind the curtain and under the harsh fluorescent lighting I heard my mother had had a heart attack; a clot had also formed in her heart, went to her brain, and caused a stroke, and for good measure fluid was building up in her lungs and she had slight pneumonia. We all agreed Mary Margaret Edwards was having a very bad day. 

We held whispered conversations in dull tones as medicine was translated into layman terms, the situation clarified for understanding, and philosophies bigger than ourselves discussed; all the while hoping (and praying) Mary Margaret Edwards could not hear the conspiracy that was unfolding. 

The late summer night air was unusually hot and heavy, and as we quietly walked to the car, we were left with our thoughts and the culpability of the decision to offer no further intervention, and let nature take its course.

Mary Margaret Edwards
(March 2, 1933 - September 13, 2016)

Mary Margaret Edwards passed peacefully September 13, 2016. 

Stoically, Mary took life on the chin, and true to her character, has asked not to be a bother or inconvenience anyone. Her only request was the reading of the 23rd Psalm. 

The Lord is my Shepherd; I shall not want. 
He maketh me to lie down in green pastures: 
He leadeth me beside the still waters. 
He restoreth my soul: 
He leadeth me in the paths of righteousness for His name' sake. 

Yea, though I walk through the valley of the shadow of death, 
I will fear no evil: For thou art with me; 
Thy rod and thy staff, they comfort me. 
Thou preparest a table before me in the presence of mine enemies; 
Thou annointest my head with oil; My cup runneth over. 

Surely goodness and mercy shall follow me all the days of my life, 
and I will dwell in the House of the Lord forever. 

Mary will be cremated and there will be a private family ceremony. 

Mary Margaret Edwards now dwells in the house of the Lord forever, along with her daughter: Angels both. 

Death is a surprisingly administrative enterprise as you work through a person's last will and testament, consolidate things, distribute memories, remove a person's name from the ledgers of everyday life, and leave a marker behind to battle with the passage of time.

Shortly after Mary Margaret's death an invitation came my way to join friends at a cottage and take advantage of the last breath of summer; at this time of year, the air is cool, the sunshine is warm, and surprisingly, the water is warm enough for a mid day swim. I immediately said yes.

Five good friends were able to make it; two of them I have known since grade school. As we greeted each other with hands extended, one of my oldest friends hugged us all instead. It was a recognition and reminder that our friendships deserved more than just a simple handshake... at least this was how I interpreted this simple act as I hugged him back with the greatest of appreciation.

There was some talk of Mary Margaret Edwards but much of the weekend consisted of sharing the current events in our lives, laughter, the odd swim, prideful stories of our children, and the memories that come with a lifetime of friendship. It was a very good weekend by all measures and ended with hugs all around as we went our separate ways.

Mary Margaret Edwards will rest in peace and our friendships will continue.

Life goes on, as it should.

iamgpe

 

 

 

Mergers, acquisitions, and the inevitable "integration".

The following is the original and the rewrite can be found by clicking here.

If you are in the private sector, particularly in a public company, I can say with great certainty you will go through a merger or acquisition sometime in your professional career... and probably more than once. I've gone through no less than seven, and that is not including the various acquisitions "just for the technology".

I will defer to the Directors, Investment Bankers and Lawyers to offer up the subtle differences between "a Merger" and "an Acquisition" as it seems there is always someone in the equation who was doing the "acquiring". Semantics aside, there is always an integration of one organization into another... what used to be two, is now one.  

Unless you are part of the aforementioned group, more often than not you will find out about the "merger and/or acquisition" through a press release, a company wide email or if you are really lucky, get called into someone's office and given a heads up 30 minutes before "something is about to go down". No one integration is ever the same in my experience; all having different rules of engagement and scenarios with no standardized check list to help get you through it. 

At the very most, I was able to come up with three guiding principles over the years that have served me well.

There will be CHANGE, and there will be OPPORTUNITY.

This is a truism (and quite possibly a universal law) that may or may not be to your benefit, advantage or convenience when it comes your way; you may be able to influence it or even champion it, but in the end, you will have to manage it no matter where it takes you. I was introduced to the book "Who moved my Cheese by Spencer Johnson" many years ago during my first integration; I encourage everyone to read it at least once. It is an excellent book on managing change.

You will hear the phrase, "Business as usual" to be sure and this is a very true statement; it does carry the presumption that everyone internally understands that there is an accelerated need to manage through transition and that any subsequent changes don't negatively impact the customer experience. From an external perspective it needs to be business as usual, but do not assume that applies internally.

It's wasted energy trying to rationalize that change will not touch you, and more important to focus your energy on how to effectively manage through any change and opportunity that will present itself. If you are thinking, "My function is too important to be impacted", or "We bought them so they will have to do what we do", or "We are doing really well so there this no way they will change how we do things", or the countless other ways we rationalize that things will not change... you need to stop and refocus your thinking.

CHANGE and OPPORTUNITY are coming.

Synergy, restructuring and unfortunately good people will leave.

A Merger and/or Acquisition poses the question, "How can the new organization be run more efficiently to reduce costs and increase revenue?".*

  • Revenue synergy (more revenue as a result of the merger and/or acquisition)
  • Cost synergy (cost savings as a result of the merger and/or acquisition)

This is the reality of business... reduce duplication and inefficiency to increase profits. This is the birthplace of all that change, the resulting restructuring, rationalization of two departments into one, and the reduction in duplication of resources.

More often than not, restructuring and the search for synergies is not an overnight event. You will be part of the process as you manage "business as usual" and directly or indirectly restructure for the future. Like it or not, inevitably good people will leave... either out of the organization or to a new opportunity within the new organization.

No matter how much change there is, an organization doesn't want to lose good people because there is just so much work to do... be open to where restructuring and opportunity may ask you to go.

In the end, all you have is your Leadership and your Character.

The question you have to ask yourself is what does "Leadership and Character" mean to you and what will it look like as you work through the dynamic and difficult times that are often part of any Merger and/or Acquisition. You represent yourself during these times... no one else.

And remember people are watching, that they are also managing through the same change, and they have most likely been asked to make difficult decisions.   

My recent merger and/or acquisition experience ended up having me saying goodbye to a company after twenty-two years... on good terms, with a smile, a tear, and a handshake. What an amazing ride to be sure. I made a point of passing on these guiding principles before I left to anyone who would listen. Alas, that wasn't as many as I had hoped.

iamgpe

* I would suggest a business interested in staying modern and viable always needs to be asking "How can the new organization be run more efficiently to reduce costs and increase revenue?"