You have completed the hard part. The deal is closed, and your team has most likely begun to implement their initial 100 day operational plan. Improvement in operational efficiencies have been identified and priorized to increase revenues and profits.
Our experience tells us revenue growth typically means that increased transactional activity can’t be far behind. This increased activity will probably result in greater stress on a company’s Information Technology Infrastructure/Systems to operate efficiently with the fewest possible hiccups. That’s why we created the PIP 100 day IT Roadmap. It is designed to operate in tandem with your first 100 day business plan.
Does your new acquisition need a new or revised IT Roadmap? It depends. Here are a few questions for your consideration:
- Is the portfolio company’s IT function—application portfolio, personnel, and infrastructure— adequately prepared to handle near term revenue growth?
What are 2 or 3 technology areas that will require your attention during the ownership cycle?
What are the 2 or 3 areas of critical system weakness, if any, that should be addressed immediately?
Are efficient business processes in place to maximize profitability that will scale to expanded business growth?
How confident are you that end-user workflow is optimized to maximize the capabilities of existing IT systems?
Chances are you have some or even all of the answers to the above questions. But our experience over the past decade suggests even the most skilled managers are unsure how to interpret and prioritize this information. If you would like to discuss further, we’re happy to schedule a complimentary consultation.
The smartest business and IT strategies without effective and efficient execution will under-deliver on expectations.
“Information technology is a critical and complex factor that can be a significant barrier to the success of our portfolio companies.
We continue to utilize PIP for all of our due diligence and portfolio implementation projects because they act in our best interest, don’t sell us more than we need and keep it simple.”
-Peter Bennett, Founder