(From Blogs: Software Advice) -- Last year, you convinced your leadership team to purchase Taleo’s talent management suite to streamline hiring, onboarding, performance review and learning management across every department. You were just getting productive with it when–surprise!–it was announced last week that Taleo was acquired by Oracle.
And you’re not alone. In December, another large ERP vendor, SAP, acquired talent management software provider SuccessFactors. While an acquisition in and of itself may not be cause for concern, how it impacts your organization is something leadership expects you to manage with care.
Your executives will be coming to you with questions. You need to be prepared with some answers. To lend you a hand, I’ve put together some suggestions on managing the uncertainty that is often associated with acquisitions like these.
1. Take a Deep Breath. Before you hit that panic button, rest assured that very little is going to change in the near-term. Your vendor will continue operating as an independent entity until the dust has settled.
As Dan Finnegan, CEO of Jobvite, points out: “Everything will be frozen until the deal is done.”
In the longer-run, though, things can go either way. It’s possible that SAP and Oracle will flex their financial muscles and tap their vast development resources to significantly improve SuccessFactors’ and Taleo’s already solid products. It’s also possible that the level of customer service you were accustomed to will change–for better or worse–because now you’re working with a behemoth instead of a smaller company. The point is, something will change, but it’s too early to tell what.