Objectives

  • Level-set on the integration communication process, plan, and best practices
  • Define a set of integration communication guiding principles
  • Discuss communication progress to date
  • Discuss major audience segments and communication priorities

 

M&A Communications Process

Comm Process

Notes:

  • Communications Team will include representatives from both organizations
  • Approval process for communications plan, core messages, and each specific communication will be determined

 

M&A Communications Plan

Comm plan

A Reminder: The Merger Challenge

Three new, predictable dynamics at work

  • Increased uncertainty and ambiguity
  • Drop in trust level
  • Self-preservation dominates

 

Counter Intuitive Moves

“To Don’ts”

  • STABILIZE
  • BE FAIR
  • FOCUS ON MORALE
  • BUILD A COMMON CULTURE
  • PROMISE BUSINESS AS USUAL

“To Dos”

  • CHANGE FAST
  • MAKE THE HARD DECISIONS EARLY
  • FOCUS ON BUSINESS
  • BUILD ON CULTURAL STRENGTHS
  • PROMISE CHANGE

 

PRITCHETT’s Point Of View: Common Communication Mistakes

  • Playing “Carnac the Magnificent” 
  • Sugar coating the truth
  • Forgetting the “Me” in Merger
  • Holding back the compliments
  • Ignoring staggered experiences

 

Playing “Carnac the Magnificent” ...

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