This PPT slide, part of the 106-slide Complete Guide to Post-merger Integration (PMI) PowerPoint presentation, outlines the critical roles of the Integration Owner and the Integration Steering Group in the post-merger integration (PMI) process. It emphasizes that clarity in their responsibilities is essential for achieving successful outcomes during the integration phase.
The Integration Owner is identified as a member of the buyer's management team, primarily responsible for overseeing both the integration and transaction phases. This role is pivotal in ensuring that the integration aligns with the strategic objectives of the organization. The responsibilities listed highlight the need for active engagement in the integration process, suggesting that the Integration Owner must not only monitor progress, but also facilitate communication among stakeholders.
On the other hand, the Integration Steering Group serves as the governing body for the integration phase. Their responsibilities include selecting the integration team members based on proposals from the integration project manager, which indicates a structured approach to team formation. They also specify measures, goals, and reporting instructions, underscoring the importance of setting clear expectations and accountability.
The slide further details that the Steering Group supervises the integration team's work, making decisions on significant issues and monitoring project costs against the budget. This dual focus on oversight and financial management is crucial for maintaining control over the integration process.
Lastly, it notes that the Steering Group should be led by an individual with decision-making authority who is trusted by the CEO or project owner. This highlights the necessity of strong leadership and trust in navigating the complexities of post-merger integration.
This slide is part of the Complete Guide to Post-merger Integration (PMI) PowerPoint presentation.
This framework is created by former McKinsey, BCG, Deloitte, EY, and Capgemini consultants and details a robust framework to managing the complete Post-merger Integration process.
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PMI Post-merger Integration Post-merger Integration Financial Management Project Cost Leadership
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