The post-merger integration process (PMI) is one of the most important, and often forgotten, phases of a powerful merger. Research shows that bargains that are not able to deliver integration will erode value by simply at least 70%.
Preparing is key to success in any M&A process, yet it’s specifically crucial inside the post-merger integration period. This is where your integration approach is the biggest differentiator, as it reflects how a deal may play out from the starting to the end.
DealRoom has been asked by many companies that have recently accomplished M&A trades what they must do to ensure a successful integration process once the deal has shut down. In response to these requests, we have created a number of checklists that cover the major parts of focus during this important stage inside the deal lifecycle.
Establishing a great integration staff that includes both leaders and contributors via each component of the new organization is mostly a critical step to ensuring a smooth integration. This team should include individuals coming from human resources, pay for, operations, sales, marketing, product development and also other departments which can be critical towards the overall success of the integration.
Set obvious exit conditions for each part of the integration. This will help to integration groups know what responsibilities they need to accomplish and when.
Make an internal communication plan that includes employee reviews and weather surveys. This will allow employees to voice worries and inquiries about the visit the website the use process, but it will surely help the management team to know what needs to be completed improve.