Why did you choose PMI for your further training?
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Personally, I am trying to expand my business development skills with this “supreme discipline”. We have already done some M&As, but in this course I learned a lot about defensive measures and better functional integration. With the course and the certificate I want to professionalize and document our M&A practice.
Sp why did you chose this PMI certification course?
Kind regards, Matthias
I was assigned to manage/lead integration activities at out corporation – that´s the reason why I choose the PMI certification course (initial skill adaption training)
Being an experienced consultant and having worked with several engineering firms, I saw a gap in understanding how acquisitions should be integrated. There seemed to be a set of ‘standard mistakes’ that medium sized firms make as they learn M&A/re-invent the wheel. I decided to take this to try to identify the next mistakes BEFORE we make them and get better at retaining value.
Because in my current role I see both successful acquisition and those that fails and always feel that there is simply a lesser attention given for post-acquisition activities, as compared to the amount of resources and thoughts put in the deal pre-closing (which frankly is the fancy part). There are tons of courses on M&A but not many focus on post merger aspect; but often times I feel that whether the acquired company is able to deliver the value thought out pre-closing really depends on how the PMI activities are planned, communicated, and navigated amongst various unexpected issues arising and various assumptions changing with the passing of time. This is why I now want to focus my learnings officially on PMI part of the M&A lifecycle.
PMI knowledge and experience is missing in my group, it helps me further develop and grow in my current role.
I have recently taken over the PMI position in my company. Both the company and I personally the a huge potential to perform better during an integration to really realize planned synergies.
Having 10+ years in operational roles, my hope is to move into a role where I can influence post merger integration leveraging this experience. In lieu of direct M&A experience, my hope is this certification will be the springboard for my understanding of M&A’s so that I can better enhance the integration success at my current organization.
I have been a part of too many mergers and acquisitions that have never seen their full potential realized. Often times the integration happens in silos with individual priorities always vying for the time and attention of the acquired. This has lead to wasted time and greatly reduces the value creation that is often modeled. It is my hope with the knowledge of this program to bring a more comprehensive and holistic approach to our next integration so that we can not only plan but also realize the benefits that the acquisition will bring.
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