An initial public offering is a business transformation
Think of the IPO as part of a business transformation—that needs a hand from HR.
When companies go public, they typically do a lot of hiring to get the talent they need to support the growth that the public offering will fund. Failure to plan adequately for hiring and retention before the transaction can hold back the growth that the public offering is meant to fund. The challenge is greater for companies using SPACs (special-purpose acquisition companies) to go public because the timelines are shorter than for a traditional IPO. In either case, careful pre-close planning for hiring and employee engagement in year one and year two can have a significant impact on success. This is a major finding of new research by KPMG and Revelio.
