Michael Hofer, Ph.D. Michael Hofer, Ph.D.

Michael's M&A Playbook: 9 Tips for Successful Performance Improvement Plans

There are different reasons for M&A transactions, but often the acquirer believes that they can improve the financial performance of the target company. To achieve those results, companies develop a business case that includes operational and financial improvements. Here are a few tips from my M&A projects that will help you to successfully calculate and implement those plans.

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Michael Hofer, Ph.D. Michael Hofer, Ph.D.

Michael's M&A Playbook: Cash Flow Management

Cash is King - This is a general rule in financial management and also applies to the post-merger phase of an M&A transaction. Understanding the details of the target company's cash flow, implementing tools for better cash flow forecasting, and using synergies are critical to successfully integrating cash flow management. Have fun reading more in this article about tips from my M&A transactions.

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Michael Hofer, Ph.D. Michael Hofer, Ph.D.

Michael's M&A Playbook: Synergies in Purchasing

Post-merger integration is a crucial time in the M&A process. It makes M&A transactions successful or not. One of the important topics for synergies is the purchasing function. Companies can achieve savings of 5% or more in their annual spending if they approach it correctly. Use the power of higher volumes, improve supplier selection and relationship management, utilize economies of scale to invest in the IT infrastructure, and find the best negotiators. You can make it work whether you have a centralized or decentralized organizational structure. Have fun reading more about those topics in my article.

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Michael Hofer, Ph.D. Michael Hofer, Ph.D.

Michael's M&A Playbook: 5 Tips for Successful Change Management

There will be change. That’s for sure in the post-merger period of an M&A deal. The better we manage those changes, the more successful the integration will be. Change management is a crucial element in this integration. Focus on the reasons for the change, include people from different areas and companies, and focus on the opportunities. You will not only make the integration successful, but you will also have created an approach that works in the future when you need to implement other changes. Have fun reading my article with more ideas on how you can make change management successful.

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