I believe it is important to understand the rationale behind M&A.. What business objectives do you intent to achieve via M&A (apart from financial benefits) as financial/ monetary benefit is the product of successful M&A. The framework, if created keeping the objective in mind can bring alignment. Set up of Steering committee with right level of management support is for sure important for foundation; but the more important is to find and onboard people with motivation/ drive to lead M&A/ Integration activities will result in achieving timelines.
