Professional Documents
Culture Documents
COMMUNICATION
TERM PROJECT
16PGDMBFS37
ABHAY SANGAL
16PGDMBFS02
APARNA
AGGARWAL
16PGDMBFS09
KAWANPREET
SINGH
16PGDMBFS30
AYUSHI JAIN
16PGDMBFS14
OBJECTIVES
1.To find various internal and external managerial
communications during and post merger
2. To analyze these different communications
METHODOLOGY
1. Studied the different communication channels
(Press releases, annual report, conferences) of both
Sun Pharma & Ranbaxy
COMMUNICATIONS
INTERNAL
Top Management/Promoters
Employees
EXTERNAL
Shareholders
Government
Customers
FINDINGS
1. Objective of the merger
2. Enhanced global market presence
3.Details of share transaction
4.Post-Merger Issues
OBSERVATIONS
1. Conversion process of ESOP was clearly
communicated
2. Matter of new salary structure
was not addressed
3. Company failed to give any clear justification over
selection of leadership team
4. Blunt statements in many cases. Ex. Pink Slips to
top Ranbaxy Employees (Post Merger)
INFERENCES
1. Sunpharma effectively came up with points to
maintain the shareholders trust
2. Sunpharma failed to visualise the post-merger
organisational structure
3. Sunpharma gained significant healthcare
market share
RECOMMENDATIONS
1. Transparent communication with employees
2. More close communications with the foreign
customer
3. Detailed communication about the post
merger roadmap with the government