Picture yourself as a procurement professional in a regulated industry (e.g., telecommunications). Your company is one of three major players in this industry that are about to merge. Your assignment—should you choose to accept it—is to bring the three procurement organizations together into one functioning organization within months of Merger Day 1. With thought and planning, here is how “Mission Impossible” could become a reality.
This merger could prove to be more complex than most. The three merging entities are large. And, in an industry regulated by both state and Federal entities, information obtained during normal pre-merger due diligence is not available until Day 1 of the merger.
Factors critical to the success of your integration efforts would be:
