We’ve looked before at the significance of employee engagement in our article: How important is company culture to staff engagement? Improving employee engagement increases motivation and in turn productivity. But how can you achieve this in PMI or other disruptive scenarios?
Today’s technology departments are generally made up of people from diverse backgrounds and of different ages.
No two businesses are the same, and no two M&A projects are the same. Which means every PMI is different and needs to be project managed so that it aligns with your overall business goals.
Your IT integration needs to be more wide-ranging than simply just merging two companies so that they’re capable of working together. To gain maximum value from your new acquisition, you need a plan that’s linked to your business’s strategy at every stage of the integration.
What is a Post-Merger Integration?
Mergers and acquisitions, or "M&A," are well-known to many, as they are often reported on in national and international press.
Usually, the headlines are regarding a major deal involving at least one well-known brand, such as when Softbank acquired ARM for £24.3bn, or a more consumer-friendly report informing us that George Clooney sold his tequila firm. Once the deal has been agreed, that’s when the Post-Merger Integration occurs. But what is that, exactly?