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EVALUATION AND LEVERAGING OF DIGITAL BEST PRACTICES |
THOROUGH INTEGRATION PLANNING |
INTEGRATION EXECUTION DURING THE FIRST 100 DAYS |
CULTURAL INTEGRATION AND EVOLUTION |
DEDICATED COMMUNICATION STRATEGY |
Define PMI strategy and outline the future operating model and technology landscape of target . Decide on optimal degree of integration ( i . e . arm ’ s length vs . full integration ) to ensure impact and synergy realization from digital asset from day one . |
Develop customized PMI roadmap . Enable effective PMI interfaces for both , buyer and target . Assign an experienced integration lead with the “ right ” profile ( e . g . decision-making authority , digital transaction experiences , digital mind- and skill-set ) and add further specialists to PMI work packages . |
Use the momentum and execute the developed PMI roadmap carefully . Implement checkpoints to enable an iterative and agile PMI journey . Ensure that the appointed integration lead serves as gatekeeper channeling requests from the parent company , and facilitates support needs from the asset at the same time . Review the integration progress regularly and gradually leverage digital capabilities , know-how and benefits across the organization . |
Create a sustained impact from digital asset by gradually developing and shaping a new organizational culture ( i . e . digital mindset , openness to technologies and innovation ). The cultural and organizational empowerment is crucial to enable digital value creation . |
Open and transparent communication with employees and customers throughout the PMI process is essential to avoid potential scepticism . Internal communication should facilitate integration and value capture while strengthening the knowledge transfer . |
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