Mergers and Acquisitions IT Integration Plan
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The document discusses the importance of creating an effective IT integration plan during mergers and acquisitions (M&A) to ensure a smooth transition. It highlights the challenges faced by decision-makers, who often lack technical expertise, in assessing current IT capabilities and managing cultural and political issues. Additionally, it features insights from Karen Porter-Wolf, a seasoned CIO, who emphasizes leveraging technology to support business growth amidst these transitions.
Mergers and Acquisitions IT Integration Plan
- 1. Mergers and Acquisitions IT Integration Plan Developing a Mergers and Acquisitions IT Integration Plan. ✓ What's an effective roadmap to integrate IT during M&A & to enable an easy transition? For more information please visit https://www.ciotalknetwork.com/developing-a-mergers-and-acquisitions-it-integration-pla n/ For as long as mergers and acquisitions have been occurring among businesses, one of the areas that continually eludes those making the investments is the IT department. Those responsible for making the decisions tend to lack the technical expertise necessary to ask the appropriate due diligence questions of current IT capabilities, costs and risks. What’s an effective roadmap to integrate IT during M&A and to enable an easy transition? How do you choose what to retain and what to let go? How do you avoid challenges with politics and culture that could derail a transition? And what is IT’s appetite for security risk when the department is at its most vulnerable? Contributor ● Karen Porter-Wolf, SVP, Chief Information Officer, Assurant Solutions
- 2. As CIO of Assurant Solutions, Ms. Porter-Wolf leads the charge in leveraging technology in intelligent ways to create platforms for growth across the company’s 24 locations in 13 countries, while supporting its mission to keep consumers connected to their digital lives through mobile insurance and extended protection programs. She has been with Assurant Solutions, and its parent company Assurant Inc., for more than 16 years. In that time, Ms. Porter-Wolf has made significant contributions to the business including establishing a claims processing center in Ireland, creating a unified regulatory compliance division for the Assurant enterprise and serving as Interim General Manager of the Mexico office. Previously, Ms. Porter-Wolf served as senior vice president of global client management and senior vice president of regulatory compliance for the Assurant enterprise. Ms. Porter-Wolf began her career with Assurant Solutions in 1995 as a manager in financial claims. She was promoted to director and later to vice president of claims when she relocated to Ireland to open Assurant Services Ireland, Ltd. The office opened with 24 associates and had doubled by the time she returned to Miami in 2001. Ms. Porter-Wolf holds a Bachelor of Science in Business Administration from the University of Florida. Download Podcast Apple Podcast, Google Podcast, Spotify, Pandora, iHeartRadio, SoundCloud, TuneIn, and Stitcher. Find other syndication channels here or search CIO Talk Network podcast on any other app.