Expertise in post merger integration

Post merger integration With the help of our tried-and-proven three-phase integration program, we merge organizational structures, processes and systems and thus realize synergetic effects in order to substantially increase company value. Prior to the official project kick-off, we start with integration planning, the creation of organizational transparency, as well as assurance of business continuity after Day 1. After the announcement is made, we launch phase 2 with our 100 days program. This encompasses the development of organizational, functional and regional integration concepts as well as the identification of synergies and growth potentials. In phase 3, we manage the processes efficiently to steer the implementation of integration processes and to realize synergies. We flank all three phases with pinpointed communication and change management measures to assure staff commitment. Integration planning In the first phase, we determine integration objectives and develop integration control. To assure business operations are carried on, we define a detailed Day-1 timetable with clear definitions of activities and responsibilities for identification and implementation of cost reductions and growth options. In our Mirror Workshops, we produce the required degree of transparency about the involved parties and disclose the associated functional and organizational risks. We use our benchmarking and best practice database to identify potential synergy sources, and we assure consistency of all external services and monitor the expectations of internal and external target groups by taking appropriate staff and customer retention measures. 100 days program In Phase 2, we launch a 100 days program in which we familiarize involved parties with project organization and take first introductory steps. Our focus here is on organizational, functional and regional integration, for which we produce an implementation program with defined milestones based on the 80:20 rule. In addition, we also immediately define the management and hierarchy organization to avoid any management vacuum. We then cooperate closely with senior management to develop the target organization and functional concepts. In doing so, we determine synergies for cost reducing potentials and evaluate long-term growth opportunities. We flank phase 2 with risk controls and intensive change management. Implementation In the implementation phase, we press ahead with organizational, functional and regional integration. Our main task here is the implementation of target organization and processes as well as the assurance of quantifiable synergies. Tracking instruments such as our online tool PMI-Manager provide a constant stream of information about the status and effects of implementation of each single measure and about any required corrections. In addition, they provide important information about the identification and initiation of activities to increase corporate value and growth. We monitor the process of cultural transformation with our tried-and-proven change management methods, while at the same time assuring sustained embedding of new performance targets at all staff levels.