This document provides an overview of key considerations and best practices for successfully transitioning employees during a business acquisition or outsourcing. It discusses developing comprehensive communications plans, conducting thorough due diligence, managing employee terms and conditions, complying with TUPE regulations, integrating the new workforce, and identifying lessons learned from past transitions.
4. Approach to Business Transition Treating a Business Transition as an integrated project is critical for a successful transition Confirm Project Readiness Plan Execute Transfer Implement Operational Management Organise & Manage People (in/out) Manage Rolling Communications Retain/Transfer/Combine Knowledge Implement Technology change Implement Work Locations & Environment Manage Change .. Implement Service Delivery Operations Business Plan Due Diligence Findings Sale Agreement Customer retention Project Sign-off Service Secured and Stabilised Service Transition & People Plan Executed Business Integration achieved according to plan Manage Transition