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. |