“A merger is hard to pull off under any circumstances, but It's harder when IT seems to work against you”
Many mergers don’t live up to expectations, because they stumble on the integration of technology and operations.
With different applications, architectures and systems working across different companies, the Technology Strategy will determine the speed, effectiveness and cost of integration, there's where a well-planned strategy for IT integration can help mergers succeed.
Every Merger or Acquisition has clear measurable business goals, whether financial, growth or other. The Goals of the initiative must be clearly understood by all stakeholders with a clear vision and sense of purpose connecting and focusing all on a single vision and purpose.
We must consider the impact on this vision in every decision we make.
Goals of the Initiative
The right IT strategy should help eliminate distance and cultural barriers bringing people and processes together around standard best business practices.
Development of a right strategy to leverage different companies data footprint.
Companies must recognize, reconcile and resolve what can be conflicting issues. These considerations will define your IT approach and strategy.
Scope of the Initiative
There are many facets of Scope, each of great importance and with the potential to derail your initiative.
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