Process Harmonization Phase Model in Post Merger Integration
نویسنده
چکیده
Post merger integration (PMI) has received much attention in recent years due to an increasing number of merger and acquisitions (M&As). Process harmonization plays an important role during the PMI. The objective of this article is to define the milestones of process harmonization and develop a phase model. Nine approaches are illuminated and concluded to a process harmonization phase model. BPM implementation or optimization literature has been scanned for suitable approaches. Further expert interviews have been conducted and evaluated with qualitative content analysis. A combination of the different approaches is regarded as the optimum. This article provides two central results: First, process harmonization phases are divided into management system level and process level. Second, process harmonization phases exist of analysis phase, conception phase, realization phase and verification phase. A general overview of suitable methods for each phase is provided.
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