Tip 1: Set up an experience PMI office
An experienced PMI Office is key to ensure a timely start and smooth execution of a M&A project. A PMI is very complex, because it entails many different workstreams, it involves a lot of people and therefore requires people that have done the job before. A PMI shall be led by an adept integration leader that is leading a cross-functional group covering finance, operations, HR, IT, culture management and all other workstreams in scope of the PMI. They are responsible for crafting a detailed integration plan, oversee its execution, manage challenges, and maintain transparent communication with stakeholders. Agile and responsive, the PMI Office adjusts strategies as needed to achieve synergy and business goals effectively.
Within your team, you'll encounter a diverse range of experience and expertise. Leverage M&A Playbooks to seamlessly implement top-tier practices, guaranteeing that even newcomers are equipped with comprehensive guidance every step of the way.