Delivering real improvement
RIRR - Delivering acquisition integration
Imperative - parent companies need to deliver tangible benefits from the acquisition of another organisation to justify the purchase.
Challenge - improvement needs to be initiated fairly quickly after the acquisiation while the new organisation is receptive.
Key question - how can an improvement programme be initiated early before the operation and culture of the new organisation can be realistically understood?
Response - by preparing integration programme teams which can be launched day one with the first major task being to deliver a business change plan in the first ninety days.
Hartswood Management helps its clients to meet these challenges by providing the following capabilities:
- General management of the acquired business.
- Development of integration proposals for all business activities.
- Rationalisation of the product portfolio.
- Preparation and presentation of the business case.
- Development and management of the integration plan.
- Management of the transfer of activities between sites.
- Factory closures.
Hartswood Management case example - delivered £1.9M profit benefit through consolidating the manufacturing facilities of an acquired business into a division of the parent company.