With my employer’s announcement on January 16 of the company’s acquisition by a private equity firm, my work schedule imploded. There were special projects and additional meetings as we worked with our future owners to gather documents needed to complete the sale. There were temporary changes in procedure, which although necessary, were often disruptive. Some in the office were stressed and worried while others did their jobs without any evidence of worry or concern. Not a worrier by nature, I fell into the latter group as I handled the workflow changes and calendar disruptions as they came while I looked forward to the scheduled February 14 close. Fortunately, the sale closed as scheduled and I now look forward to our new “normal”.
As I sit here on the first Monday morning following the Friday close of sale, I wonder: what is “normal” anyway? What, exactly, am I looking forward to?
Certainly, with new corporate ownership comes change. Working under private equity ownership at various stages in my career has yielded a mixed bag of experiences ranging from stressful and unpleasant (working for a PE firm that focused mainly on cutting costs by reducing head count) to new and refreshing (working for a PE firm that shared growth goals and allowed us the flexibility to work towards achieving them). How will this one conduct itself? Sure, they said all the right things as the transaction was pending, but what will they do now that the sale is final and they are at the helm? What will our new “normal” look like?
Truth be told, it doesn’t matter. They can do what they like. I cannot control or even influence what our new “normal” will be. Many in this situation find that fact downright scary, but I know better.
“For I know the plans I have for you,” declares the LORD, “plans to prosper you and not to harm you, plans to give you hope and a future.” ~ Joshua 29:11
When God delivered this message to Israel through the prophet Joshua, Israel had been exiled to Babylon. Talk about a new “normal”, Israel was living it! God promised that He was in control; that there was an end game to their exile. His plan would be revealed in due course. In the meantime, He told them to live their lives – build homes, build families, build careers – God told them to “seek the peace and prosperity of the city to which I have carried you into exile. Pray to the LORD for it, because if it prospers, you too will prosper.” (Joshua 29:7)
I said earlier that I am not, by nature, a worrier. I don’t worry because I trust God’s plan. This aspect of my nature is not my doing; it is a gift from God. Whatever happens, He has an end game in mind. All He expects of me is to work with our new owners in earnest and do my part to execute their plan. God’s plan for me in all of this could be a myriad of things – maybe a promotion, maybe increased job security, perhaps a new career altogether. Whatever it is, it will be grand. So as I head to work on this, the first Monday morning under new corporate ownership, I will stand firmly on the promise that God delivered to an exiled Israel and trust God for my new “normal”. That, my friends, is a relief. God is good, indeed!
Tagged: acquisition, attitude, Business, career, Christian life, corporate, corporate conduct, corporate life, faith, God's plan, hope, M&A, management, management style, merger, normal, plan, strategy, trust