- This topic has 11 replies, 12 voices, and was last updated 1 month, 4 weeks ago by
Yvette.
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January 24, 2024 at 3:56 pm #95965
Lisa Hall
ParticipantWhat best practices have you put in place for both internal and external communication planning as part of the integration?
January 25, 2024 at 11:37 am #96084Anonymous
InactiveIts Most important to Communication at any Planning. it was because all thing will be final before starting at any new journey and any other mission. and improve Communication skill.
February 11, 2024 at 1:26 pm #97341Babak Rowshan
ParticipantWhen it comes to keeping everyone in the loop during a merger, I’ve found a few key practices really make a difference. On the inside, it’s all about making sure leaders are clear about what’s happening and why, setting up a go-to team for all merger updates, and keeping those lines of communication wide open for feedback. Regular updates and specific meetings help everyone understand how changes might affect their area. Externally, crafting a solid, unified message that lays out the merger’s benefits and keeping stakeholders like customers and investors in the know is crucial.
May 13, 2024 at 3:46 pm #107835Viktorija Aleksaite
ParticipantThe most critical communication is the one on Day1 or the first mass announcement to the Target’s employees, which is often immediately followed by external communication. We have a small group of comms professionals within the integration team planning every detail of that event and a separate action plan for that purpose (hours:minutes, channel, content reference, etc.). The content for different target audiences and media channels is prepared and signed-off in advance.
Otherwise internal communication and alignment on different levels are reoccurring throughout the entire integration.June 19, 2024 at 11:25 am #112944Francisco Aires
ParticipantEffective communication planning is essential for the success of any PMI, as best practices can be considered for internal communication a dedicated team that includes elements from both companies ensuring the message is consistent across all channels and aligned with the integration strategy, should be defined all the official channels to spread the communication and these channels should be as much broadly as possible, don’t forget social media. Regular updates, weekly basis with the integration status, etc.
July 30, 2024 at 10:18 am #117602Lena Friese
ParticipantWe have informed the board twice a month. The whole organisation is normally only informed after closing and no addtional communication outside the project team takes place.
August 12, 2024 at 8:26 am #118997Kristina K
ParticipantWe use a Communication Playbook that helps the team to identify the audience of each communication step, which tool to use for the communication and helps us to visualize the timeline and the impact it might have on different groups; therefore it helps to identify gaps we might have not considered during the initial planning, helps to identify different messages that we want to stress to different target audiences and helps to identify problems in the timeline – e.g. overlapping messaging, messages too late to a certain audience.
We review these playbooks every so often, depending on the stage we are in.August 16, 2024 at 11:08 pm #119481Rajendra
ParticipantWe need to make sure we have the right communication experts in the organization. If we see gaps, best to hire a PR firm for the duration of the transaction and integration.
August 29, 2024 at 11:25 pm #120741Todd Hendon
ParticipantIn your M&A experience how does communication planning differ depending on the type of merger/acquisition it is? i.e. Preservation, symbiosis, holding or absorption?
September 2, 2024 at 6:39 pm #120982Damien
ParticipantBuild up a communication starting on Day 1. The communication plan should schedule internal and external communication with a decreasing frequency over time for the first year.
October 29, 2024 at 7:38 am #128311Shiyun
ParticipantFrom experience, it’s best to establish clear communication channels, create a detailed communication plan and ensure consistent messaging across all levels of the organisation. Internally, it’s mostly town hall meetings with Q&A and newsletter.
December 19, 2024 at 3:12 am #132805Yvette
ParticipantFor internal communication, I have found it best to communicate to the Senior Leadership team early on so they are informed and can be your advocate as you prepare to communicate to the larger organization.
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