An M&A Integration Playbook is a project management tool that enables strategic corporate acquirers to systematically plan and deliver deals post-closing. Consider it to be a “toolbox” that contains relevant sections that can be selected to address the issues of a particular acquisition.
The old adage is true.... You really only get one shot at creating a first impression. PMIA works with your team to identify and manage the numerous tasks that need to be addressed across the organization that must be completed to be ready for the flurry of activity on Day 1.
Ideally the integration plans will be developed prior to deal closing, but from a practical matter, this process may not begin in earnest until after closing due to confidentiality or regulatory concerns. Joint "kick-off" workshops are held with functional department members of both organizations.
The PMIA methodology helps develop clear lines of com-munication to coordinate team member involvement between both organizations. Responsibilities and deadlines are clarified. A continuing communications plan assures that the resources are properly utilized and schedules are maintained.