Post Merger Integration
The 7 rules to be observed for a Successful Post Merger Integration
|1. Have a Vision||2. Build a structure||3. Set the drivers||4. Prove|
|Establish or confirm a clear and realistic vision regarding the future orientation of the new entity.||
Establish immediately the leadership and responsibility structure and avoid the internal ‘survival of the fittest’ fights.
Loose and unclear leadership structures may lead to a de-motivation of all.
|Development of the company should be the driver, not the cost-synergies!||
Convince the parties by quick results.
Stakeholders are mostly convinced by small but important successes.
|5. Create new culture||6. Communicate||7. Understand the risks|
|Analyze and consider the cultural differences in creation of a new corporate culture.||
Organise focus oriented internal and external communication. General and random information and communication is contra-productive.
Q&A sessions are of prime importance especially for internal information.
|Install a risk-management cell with the mission to identify, categorize and prioritize the risks before either ignoring or addressing those.|