Save Lessons Learned: Post-Merger Integration Best Practices Tracking Tool
When it comes to mergers and acquisitions, experience counts. The first deal a buyer does will always be the hardest. With each subsequent deal, a buyer will learn more about M&A. Acquirers should document what worked, as well as what didn’t, so they don’t lose lessons learned.
Rather than waiting until the end of integration, it’s better to record data in real-time, when peoples’ memories are fresh. The Best Practices Tracking Tool allows companies to document their experiences as they occur. This form can then be used at the end of the integration period to review the process with all team members so that what worked well can be carried forward and what didn’t can be analyzed. The feedback should come from team members from both organizations so a well-rounded perspective is documented. . . .