Post Closing Day 1 Checklist / 100 Day Plan
August 25, 2023
by a searcher from University of Virginia in New York, NY, USA
Hi all,
Does anyone have Post Closing Checklist of to-do's - such as banking, accounting, payroll, hr items, IT, logins and other items - to ensure nothing gets lost in transition and an example of a 100 day plan?
Thank you in advance!
in Anchorage, AK, USA
Day###-###-#### : Initial Assessment and Planning
Confirm receipt of all required legal documents and finalize the acquisition process.
Day 2-5: Hold a kickoff meeting with key stakeholders from both companies to introduce yourself and outline the transition plan.
Day 6-10: Assemble a dedicated transition team with representatives from various departments.
Day###-###-#### : Personnel and Culture Integration
Day 11-12: Review organizational structures and identify any immediate personnel changes.
Day 13-15: Communicate any necessary personnel changes to employees, ensuring sensitivity and clarity.
Day 16-20: Assess and align company cultures; start planning integration activities or events.
Day###-###-#### : Financial Integration and Systems Review
Day 21-25: Initiate a thorough financial review of both companies to identify discrepancies or anomalies.
Day 26-30: Evaluate existing financial systems and start planning for integration or upgrades if needed.
Day###-###-#### : Customer and Supplier Engagement
Day 31-35: Reach out to key customers to introduce yourself, reassure them, and gather feedback.
Day 36-40: Engage with important suppliers to discuss any changes in processes or expectations.
Day###-###-#### : Operational Synergy
Day 41-45: Identify areas of operational overlap or duplication; begin crafting integration plans.
Day 46-50: Create cross-functional teams to address operational challenges and streamline processes.
Day###-###-#### : IT Integration and Data Migration
Day 51-55: Evaluate IT infrastructure and systems; develop a plan for merging or migrating data.
Day 56-60: Implement IT changes, ensuring minimal disruption to ongoing operations.
Day###-###-#### : Legal and Compliance
Day 61-65: Review legal contracts, licenses, and permits for compliance; renew or update as needed.
Day 66-70: Address any regulatory or compliance issues identified during the review.
Day###-###-#### : Marketing and Branding
Day 71-75: Develop a unified marketing strategy and branding approach for the combined entity.
Day 76-80: Update marketing materials, websites, and social media channels to reflect the new brand.
Day###-###-#### : Employee Development and Training
Day 81-85: Identify skill gaps in the workforce and plan for training or development programs.
Day 86-90: Launch training initiatives to equip employees with the skills needed for the new organization.
Day###-###-#### : Performance Evaluation and Feedback
Day 91-95: Conduct a comprehensive evaluation of the integration process; gather feedback from employees and stakeholders.
Day###-###-#### : Make necessary adjustments based on feedback; celebrate milestones achieved during the transition.
from Pace University in New York, NY, USA
https://etainsider.com/docs/post-acquisition-integration-handbook/