Embarking on an M&A journey is akin to going on a highly anticipated road trip. This was the theme of the opening keynote by Joel Andersson, Ericsson’s global head of M&A integration and separation, at the Merger Integration Management Forum in Amsterdam.
Andersson captured the audience’s attention by using a road trip metaphor to describe the M&A process. He was the first to admit he may have pushed the metaphor a bit hard. But we think you’ll agree it helps drive the narrative — pun intended. While his keynote spanned the overall journey, including program management office steering, deal milestones and the various functional cogs that compose the integration engine, the metaphor in its entirety is applicable to the employee experience.
Conclusion
All deals encounter obstacles, but ensuring you’re planning ahead and you have the right tools, resources and support along the way can make those obstacles easier to navigate. Keeping the destination in mind throughout the journey and ensuring you’re constantly re-enforcing the reasons for the deal will help ensure all stakeholders remain in their seats and focused on your collective objective, arriving safely at your destination.
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