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People First, Continuous Improvement, and Accountability Strategy
The foremost focus during an acquisition should be on identifying and retaining great talent, while also addressing weak performers through generous exits. Valuable insights are gathered by asking employees about successful practices pre-acquisition and the inefficient aspects of the business. By crowd-sourcing improvement ideas and prioritizing based on return on capital and time, an alpha creating plan is devised. Every task is assigned to an accountable individual or team, with weekly meetings to track progress. Simultaneously, assessing and compensating people to align with new goals and integrating technology seamlessly are crucial components. Slow technology integration is viewed as riskier than rapid implementation. The Monthly Operating View is essential for business operation based on a shared vision.