What is a Strategic Acquisition Strategy Plan?
A strategic acquisition strategy plan outlines the steps a business must take in order to successfully acquire another business. The plan includes researching potential acquisitions, evaluating them, negotiating terms with the target company, and finalizing the acquisition. This plan is essential for businesses that are looking to expand their operations, diversify their product offerings, or enter into new markets.
What's included in this Strategic Acquisition Strategy Plan template?
- 3 focus areas
- 6 objectives
- 6 projects
- 6 KPIs
Each focus area has its own objectives, projects, and KPIs to ensure that the strategy is comprehensive and effective.
Who is the Strategic Acquisition Strategy Plan template for?
The Strategic Acquisition Strategy Plan template is designed for businesses of all sizes and industries that are looking to acquire another business. It is a comprehensive plan that is easy to follow and can be tailored to each individual business’s needs. It provides clear objectives, measurable targets, and actionable steps that can help businesses achieve their acquisition goals.
1. Define clear examples of your focus areas
Focus areas are the main areas that need to be addressed when creating a Strategic Acquisition Strategy Plan. Examples of focus areas can include identifying potential acquisitions, negotiating terms, and closing the acquisition. Each focus area should include objectives, measurable targets (KPIs), and actionable projects that need to be completed in order to successfully acquire another business.
2. Think about the objectives that could fall under that focus area
Objectives are the specific goals that need to be achieved in order to reach the overall goal of acquiring another business. Objectives should be clear and actionable, with measurable targets and actionable projects that can be implemented in order to achieve them.
Examples of some objectives for the focus area of Identifying Potential Acquisitions could be: Research Potential Acquisitions, and Evaluate Potential Acquisitions.
3. Set measurable targets (KPIs) to tackle the objective
KPIs (key performance indicators) are measurable targets that are used to track progress towards the objectives and overall goal of acquiring another business. Examples of KPIs can include identifying potential acquisition targets, qualifying acquisition targets, and negotiating terms with the target company.
4. Implement related projects to achieve the KPIs
Projects (or actions) are specific activities that need to be completed in order to achieve the KPIs and objectives. Examples of projects can include researching potential acquisitions, evaluating them, and negotiating terms with the target company.
5. Utilize Cascade Strategy Execution Platform to see faster results from your strategy
Cascade Strategy Execution Platform helps business teams create, track, and measure the progress of their strategies. With Cascade, businesses can create actionable plans that are easy-to-follow and measure performance in real-time. By leveraging Cascade, businesses can achieve their acquisition goals faster and more efficiently.