One of the primary reasons acquisitions fail is because of integration challenges post-closing. Implementing your integration plan smoothly and effectively is key to realizing the synergies of your acquisition. In a KPMG survey, U.S. executives cited a well-executed integration plan as the top factor that leads to deal success.
Integration is a massive undertaking that you should begin planning long before the deal closes. There are many moving pieces to consider from combining IT systems and product lines to overcoming cultural differences to branding of the new company. In addition, you must clearly communicate with your employees and customers. If you are just beginning to think about integration when the acquisition closes, you are already too late.
Looking back on their past acquisitions, 80% of executives surveyed by EY would have sped up the integration process and 58% said they would have communicated their integration plan more clearly. Failing to focus on integration can be a costly mistake that can undo months or years of work. Don’t let that happen to you: plan for integration now.
Learn how to build and execute a successful integration plan in our upcoming webinar, “Keys to Integration Success” on August 11.
In this webinar you will be able to:
- Explain the different levels of integration in order to decide how much to integrate after the deal is done
- Begin to develop a 100-Day Post-Closing Plan
- Explain effective communication strategies for integration success
- Define cultural differences in organizations and how to bridge them
- Utilize secondment to your advantage
Date: Thursday, August 11, 2016
Time: 1:00 PM ET – 2:00 PM ET