A merger or acquisition can be a powerful method to accelerate growth and expand reach by making use of new channels and customer segments or other assets. By merging the retail presence of a company with another’s distribution channel and an extensive product range that caters to different age groups. It also opens up new market opportunities, for instance by acquiring or merging an organization that operates in a specific geographies.

Companies that don’t manage M&A integration properly risk losing value through consuming too much time and energy. They may lose talented workers who are unhappy and decide to leave for another opportunity. Uncontrolled system migrations can also distract managers from their main business.

A common error made in M&A integration is the desire to https://reising-finanz.de/personal-property-insurance-buying-guide/ migrate acquired systems and processes too quickly to make savings. This can lead to major disruptions to customers and lots of additional work.

It is more effective to establish clear guiding principles and the degree of integration required to achieve them. This enables leaders to build strong relationships with functional work stream leaders and IMO to increase transparency and accountability. It also helps to improve communication around the program. It’s also essential to establish an annual schedule between IMO teams and the SteerCo to ensure that the SteerCo is able to monitor daily progress, increase risks and solve issues. This gives the IMO with the visibility and accountability it requires to implement the integration plan.