Doing deals is risky and too many acquisitions don’t achieve the expectations set for them. Carefully developed strategy too often does not translate into integration success. Converting integration strategy into detailed actions and managing those actions across the combining enterprise is critical for success. A governance structure must be in place to align people, process, and systems with integration objectives. This is the role of the Integration Management Office (IMO).
A disciplined process is important for all large and midscale integrations, but the process must be flexible enough to adapt to each transaction’s unique facts and circumstances and evolving needs. The primary purpose of an IMO is to put in place the management structure, people, and processes that match the integration requirements in pursuit of capturing deal value. An IMO accomplishes this by:
US and Global M&A Integration Leader, PwC US
Partner, PwC US