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In the course, it was stated that the “best men” in organisation should be assigned as Project leads for the various workstream. Could anyone share their experiences of such instances or integration processes met problems with poor choices of project leads?
If you do not have a suitably qualified individual leading a work stream then you face (i) missed deadlines that could derail the project or have a knock on impact on other work streams (ii) a person who is not authorised to make decisions attending meetings where a decision may be needed in real time (iii) lead to conflict of interest in the transaction as parties may overreach (iv) miss critical components needed under the SPA- such as ensuring continuity of benefits ( HR), a failure to re brand ( comms), a failure to file statutory documents on time ( legal) which could have financial implications.
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