Consulting firm EY recently had to shelve plans for a restructure after internal disputes among US colleagues. Major changes such as mergers and restructures are doomed to failure without getting employees on board and being transparent about how they will be affected, says Michael Hibbs.
It has recently been reported that top four accounting and consultancy firm EY has had to shelve restructuring plans after employees raised concerns about where they would sit within the new structure. The company had begun looking into separating its audit and advisory businesses after claims of conflict of interest, but faced questions from US colleagues as to the future of their divisions.
While the company fully intends to complete the change, it w…
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