also called: internal communications, transaction communications, PR
A communications advisor plans who hears what, from whom, and in what order, in the days around announcement. This sounds soft and is not: the acquired workforce decides in the first week whether to trust the new owner, and rumours reach them before any plan does if the plan is late.
They also prepare the messages for customers, suppliers and, where relevant, the trade press, and they prepare the people who will deliver them. The single most common failure is an owner who has thought hard about the customers and not at all about what the shop floor will be told on Monday.
Before signing, not before closing. The announcement plan should exist while there is still time to change what is being announced.
Project fee for a defined announcement, or a day rate for advisory support. Modest relative to the transaction and unusually high leverage for the money.
Announcing to customers and the market before speaking to employees, so the workforce learns that its employer changed from someone outside the company. It is very hard to recover from and completely avoidable.
Not marketing, and not brand strategy. This is a specific, time-boxed job around one event.
The Institute accepts no payment from any advisor, takes no fee tied to any transaction, and does not place or refer professionals for compensation. This entry describes a role, not a recommendation of any firm.