International merger program of two European domestic appliance companies

"It helped us efficiently track value created out of this program."

Challenge:

Two key domestic appliances players were merging and needed to ensure a smooth transition across 4 main locations and to strengthen existing regional brands by leveraging the know-how of a household-name brand.

Approach:

Wave was chosen to facilitate both pre-close integration planning and post-close integration execution, specifically:

  • Pre-close integration planning
    • Tracking and monitoring progress of > 290 deliverables across 25 teams
    • Interdependency mapping and resolution tracking
  • Post-close integration execution
    • Synergy allocation and tracking over 6 dimensions including brand, production plant, country, organization, etc.

Results:

Wave ensured the smooth transition of the two merged companies by providing transparency on sources of synergy within the staged 4-year implementation plan and facilitating communication irrespective of location and function through:

  • Providing a real-time reporting tool to discuss and present the status of implementation in regular function and leadership reviews
  • Enhancing IMO problem solving and process management across regions and locations
  • Enabling consistent communication across teams in different geographies and functions

“The one-click reporting tool is easy to use and access from any location.”

~290
deliverables across 25 teams
6
synergy dimensions
4
locations transitioned