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9 MINS READ

Shawntelle Taylor

Engagement Manager, M&A Services, TCS

Kathy Puckett

Engagement Director, M&A Services, TCS

Praveen Bhasin

Partner, M&A Services, TCS

HIGHLIGHTS

  • A well-designed change management plan, curated to proactively mitigate challenges unique to mergers, acquisitions and divestitures (MA&D) such as aggressive timelines, can bolster the success rate of a deal.
  • Companies need to adopt a tailored change management approach by following a playbook for Day 1 readiness that will deliver maximum value in MA&D.
  • Essential elements for driving change? Leadership buy-in or sponsorship, stakeholder engagement, communications, readiness, risk mitigation, putting people first, and the right organizational culture.