Organized and Collaborative Approach
After a merger agreement is signed, any merger implementation team should aim at getting the value out of the deal as soon as possible. In most cases, it is best to quickly organize a merger value realization program. The program should establish and operate a merger integration office (MIO) that represents the “Inside” interests of both organizations. The MIO will serve as a singular point of coordination and integration for process improvement, project management and organizational change adoption maximum value realization.
During a proposed merger, both organizations undergo significant change. People are worried about what the merger means to them, enthusiasm begins to wane and skepticism begins to rise. For these reasons, it is extremely important to get a merger value realization program (The Program) up and running as soon as possible. The program will coordinate all merger activities, facilitate merger communication and set merger expectations.