We all know how busy our work lives can be and yet there’s still only 5 working days in a week. Therefore, pulling your head out of your daily work routine for an hour on a Monday seems bonkers. But stop to consider that one, two or perhaps five of your weekly tasks could be scrapped or automated at the hand of gathering with your team once a week. So, here are five reasons that will change your view on weekly team meetings:
At the same time as working out your PMI approach, your organisation should also think about how you’re going to communicate your new business strategy. An M&A marketing plan should be comprehensive in its scope as it needs to convey information to a wide audience that includes shareholders, employees and customers. Your PMI marketing plan could include informative material such as press releases and brochures that will help sell the transition. Videos are a great way to talk directly to people and can be posted on your digital platforms. And then there’s social media to consider.
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?