Play

Tool & Workflow Configuration

description

About the play

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Designing a custom workflow and toolset that will support the specific needs of your M&A initiative is key. With this play, the program management team establishes a standard for process flow aligned with the overall goals and objectives.

Preparation

People

Project Management, Program Leads, Additional Stakeholders

Difficulty

Moderate

Materials

None

Time

15 minutes

play

Running the Play:

01

Align teams around overall goals and objectives:

As with most plays, first ensuring teams understand and buy into the overall goals and objectives of the deal is of the utmost importance. In this case, this alignment also includes identifying program requirements and constraints.

02

Configure and customize tools:

In this step you want to configure and customize your tools (such as DealRoom) to fit the specific needs of your particular M&A project. If you are unsure of the best tools to leverage or how to customize your process flow, you might consider consulting an Agile M&A advisor.

03

Train employees:

After foundational training, role-based training events should be held as part of this step in an effort to augment the initial foundational training. The goal here is to enable an adequate level of support for the tools throughout the project. For example, application administrators may require additional knowledge regarding tool management. The project manager may require hands-on coaching to understand how to apply Agile techniques to different team-level events.

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