Acquisition road map: Develop an acquisition road map as a tool for sharing the project with the strategic planning team and the guiding coalition.
Specifically, you must address the following criteria:
- Acquisition-related tasks :
- Describe the tasks and steps that have already been taken toward an acquisition since you were appointed to the strategic planning team.
- Recommend the tasks and steps that would need to happen over the next one to two years to evaluate and complete an acquisition. For each task and step, provide estimates for how long it will take to accomplish them, the responsible parties, and any dependencies.
- Gantt chart: Using the provided template, create a Gantt chart that visually illustrates the tasks and steps that youve indicated above (Note:You can copy the chart to include it in the road map document). Your chart should include the following:
- Indicate tasks and steps that have already been completed since you were appointed to the strategic planning team. For example, be sure to include guiding coalition, industry, and competitive research aspects.
- Indicate “in process” tasks and steps that are currently being performed.
Exit strategy recommendations and plan: Outline your change management strategy for transition after the acquisition.
Specifically, you must address the following criteria:
- Change management strategy: Using Kotters change model as a guide, explain each step of the change management strategy that you recommend. Your response should address the following:
- How will you create a sense of urgency?
- How will the guiding coalition continue to guide the change? Who will they impact? Identify which critical tasks from the acquisition road map the guiding coalition should complete. Also, determine the expected timelines for these tasks to be completed.
- What is your strategic vision for the company, its operations, and its employees after the acquisition?
- What is the plan for enlisting a group of employees to get other employees united around the common vision?
- What barriers to change do you foresee? How do you plan to remove them?
- How will you track progress?
- How will you communicate short-term wins?
- Summary: Summarize your strategy and assessment of risks.
- Describe the overall strategy that you recommend for the organizations acquisition goals.
- Explain how the strategy will fit in the business environment of the oncology market segment in the pharmaceutical industry. Consider using an external business environment analysis to inform your conclusions.
- Risks: Identify three potential risks that may be associated with your recommendation and explain steps the organization can take to mitigate those risks.