Before definitive agreements, dialogue should clarify scope, scenarios and methodology and establish a common baseline. During carve-out design, it should address people, assets, contracts, systems and shared services. Before closing, it should test site missions, product lines, workforce plans, supplier impacts, synergies and redeployment mechanisms.

Dialogue should continue after closing. The dossier proposes periodic monitoring of backlog, capacity utilisation, FTEs, skills, investment and supplier orders, with corrective action discussed before deviations become redundancies. Continuity matters because many industrial effects emerge well after the decision that caused them.

The sequence also separates information, consultation and negotiation. Receiving a data point is not the same as having a genuine opportunity to shape its consequences; timing is therefore part of the substance of protection.

Industrial relations should cover the entire transaction: baseline, carve-out, closing and implementation.