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CEO NA Magazine > Opinion > An initial public offering is a business transformation

An initial public offering is a business transformation

in Opinion
An initial public offering is a business transformation
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For success on IPO day two, involve HR day one.

As a company prepares to go public, it’s important to include HR in the process to make sure the organization is ready for the next stage of growth. Indeed, an IPO can be regarded as a milestone during a business transformation. The freshly minted public company has new stakeholders and responsibilities. And, in most cases, the money raised in the IPO is intended to enable the organization to scale up and pursue growth in new ways. Systems and operating models that worked for a start-up often need to be replaced or upgraded. To put the company in shape to succeed long-term, a business transformation is required and when HR is included in the IPO process, companies can make sure they have the talent and programs in place to thrive post-IPO.

Download the full report by KPMG at https://advisory.kpmg.us/articles/2020/initial-public-offering-business-transformation.html

By KPMG

Tags: IPOsTransformation

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