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PEX Network | Process Excellence NetworkAuthor: Seth Adler
Examining organizational effectiveness and efficiency. Language: en Genres: Business News, News Contact email: Get it Feed URL: Get it iTunes ID: Get it |
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Ep. 156: Reka Mishra, SVB
Tuesday, 7 April, 2020
Reka Mishra is the managing director of the transformation office for the SVB Financial Group. She lays out the basics of mergers and acquisitions before diving in on operational excellence. For M&A, it is imperative to have a target operating model in place. That model must consist of four key elements: people, process, technology, and data. Change management, communication, and HR must also be involved from the onset in order to best address the concerns of the employees. When M&A happens for the sake of digital transformation, it is especially critical that the enterprise is sensitive to the human element. Reka explains how to strike the right balance in order to make the transition as smooth as possible. Mergers and acquisitions aren't a one-and-done, and they must lead from the top. As Reka says, "It's absolutely critical to get all the executives aligned and in agreement because then you can have a very clear path forward, and then you know you're meeting everybody's expectation. And also it's helpful in them communicating to their employees what's happening at an organization-wide level. It's a consistent message. It's a consistent buy-in."
