How to Keep Your Integration Plan Simple
This play is designed to maintain alignment between your integration team by keeping your integration plan simple.
About the play
This play is designed to maintain alignment between your integration team by keeping your integration plan simple. By keeping it simple, the integration is easier to understand, easier to remember, and easier to communicate with team members.
Preparation
Oftentimes, especially in a huge M&A team, a lot of people don’t understand the rationale behind their work. The rationale gets lost in translation and team members often find themselves doing a specific task without knowing what they are trying to accomplish.
According to Jim, simplicity is key to success. By keeping it simple, the integration is easier to understand, easier to remember, and easier to communicate with team members.
People
Deal lead, Project Manager, Deal Sponsor, Integration Lead, Integration team
Difficulty
Easy
Materials
Team collaboration, Visual Aids, Listening Skills
Time
30 mins to 1 hour
Running the Play
Communicate the End State
Set up a meeting with everybody involved in the deal. They need to understand what is the strategic rationale of the transaction and what is the end state going to look like for the acquired company.
This meeting typically involves key integration team members and is led by the Project Integration Lead:
- GTM Team
- Product Team
- HR Team
- Deal Business Sponsor (or decision-making proxy)
- Legal Team
- Project Manager
- Finance team
- Ops team (infrastructure)
Work Your Way Backward
From there, figure out what are the necessary steps that you need to take in order to get to where you want to go from where you are today. From your end state, branch out to major milestones, and then sub milestones, to the micro work streams.
Set a Framework
Before the meeting ends, your team needs to answer four questions that all tie back to the strategy of the deal.
- What do you plan to do with the people?
- What are you going to do with Go-To-Market?
- What are you going to do with infrastructure?
- What are you going to do with everything else?
Stick to 5 by 5
And in the interest of keeping it simple, all of the questions need to be answered with a maximum of 5 bullets per question, and a maximum of 5 words per bullet.