Using the UNITY framework, let's explore a specific scenario that may keep you up at night...
Scenario
You have recently completed a merger and seeks support to evaluate the performance of the merged entities. Finding opportunities for improvement, cost synergies, and revenue enhancement strategies to optimize the overall performance of the combined organization.
Exit gracefully without disrupting your culture. Remember that consistency is key in being both decisive and fair.
Conduct a comprehensive assessment of the performance of the merged entities, including financial performance, operational efficiency, and key performance indicators (KPIs).
Conduct interviews with key stakeholders engaged in the pre-merger activities to gain insights into their perceptions of performance and potential areas for improvement.
Assess technology stack including use cases, workflows, and ideal process maps.
Develop a performance improvement strategy that outlines the approach, initiatives, and actions required to optimize performance.
Identify opportunities for cost synergies, such as streamlining operations, reducing duplication, and optimizing resource allocation.
Develop revenue enhancement strategies, including market expansion, cross-selling, up-selling, and product diversification.
Develop a change management plan to facilitate the implementation of performance improvement initiatives and gain buy-in from employees for areas that continue to create challenges.
Conduct a post-implementation evaluation to measure the success of performance improvement initiatives, cost synergies, and revenue enhancement strategies.
Identify lessons learned from the post-merger performance improvement process and use them to refine future strategies.
