企业并购重组整合咨询报告(英文版）.pptx

该【企业并购重组整合咨询报告(英文版） 】是由【小屁孩】上传分享，文档一共【61】页，该文档可以免费在线阅读，需要了解更多关于【企业并购重组整合咨询报告(英文版） 】的内容，可以使用淘豆网的站内搜索功能，选择自己适合的文档，以下文字是截取该文章内的部分文字，如需要获得完整电子版，请下载此文档到您的设备，方便您编辑和打印。’ThissectionistailoredtotheclientsituationandsummarizestheapproachproposedinthedocumentOurUnderstandingyourSituation’’sPerspectiveonMergerIntegrationThebestvalue-anicgrowthwithmergersandacquisitionsSource: -BuildingGrowth2001RevenueGrowthValueGrowthUnderperformersProfitSeekersSimpleGrowersValueGrowersGrowthMatrix(CAGR1988-2000)ValueGrowersFollowConscious,ConstantProcessToGrowthMergersandacquisitionsarekeygrowthdriversWhatreallymattersin“rowth”strategiesisexecutionSource: -BuildingGrowth2001SourcesofGrowth40%ofGrowthIsFromAcquisitionsValueGrowersManageBothWellFewmergersactuallycreateshareholdervalueSource: ,SDCdatabase,GlobalWorldscopeAcquirer'sValueGrowthFollowingaMergerTopperformingmergerscreatesignificantshareholdervalueValuegrowth3%8%12%27%21%16%3%paredtoindustryaverageparedtoindustryaverage-100%-60%-30%30%60%150%-15%15%0%Average:%%%?Top-PerformingMergers10%BusinessIntegrationissuesrequire“usual”plexity…ScopeHighnumberofdecisionstobemadeinalloperationalandfunctionalareasDozensofprojects/initiativesandriskstobemanagedTimepressureAllstakeholdersexpectrapidexecution(shareholders,employees,management,mittees,government,…)DecisionsneedtobemadewithoutdelaySimultaneityCo-existenceofstrategic,tacticandoperationaldecisionsStronginter-dependenceofthedecisionspatibleponentHighnumberofpeoplepotentiallyinvolved(operational,functionalandexecutivepeople)Riskofculturalmismatchpanies"Usual"ManagementdecisionsStrategy&IPObinedentityConfirmeachcountry’sscopeofactivityformobilesDesignstrategyleveragingonbroaderglobalpresenceDefinefinancialandoperationaltargetsaswellastimingofexpectedbenefitsPreparetheIPOOrganisationanisationalmodelattheEuropeanmanagementlevelIdentifythecentral/localfunctionsevolutionscheduleanisationalchartsandmanagementnominationmittees,procedures,…)InfrastructurepetitivebiddingSharebestpractices…SupportfunctionsRationalisesharedsupports(AlignandselectInformationSystemsfortheintegrationAlignprocessesandsharebestpracticesCommunicationmunicationstrategymunicationstrategymunicationrulesandproceduresChoosemedia(,documents,speeches…)IntegrationmgntIntegrateoverallplanningandmilestonesDetailplanningbytopicandcountry…ManagetransitionphaseTrackandexecutefinancialsynergiesManagerisks…eedfullyNote:(1)Shareholderreturnsfrombuyerdividedbyshareholderreturns(industryaverage)afterthemergerSources:,GlobalPMISurvey,1998;DatastreamHigherNochangeLower100%=paniesOnly29%paniesRealizeanIncreaseinAggregateProfitabilityPerformancerelativetoindustryaverage10%11%21%18%17%23%-15%-25%+15%+25%TopPerformingMergersUnderperformanceOutperformancepaniesIndustryaverageOnly42%paniesOutperformTheirPeersinShareholderValue(1)42%58%