WELCOME + The meeting room is currently muted. Audio: Use your computer speakers, or dial 1-800- 768-2983; Access code 8460751 Mute: Your line has been muted as a courtesy to others. Q/A: There will be a designated Q/A session for participants to submit questions to the speaker. Please chat questions in. Handouts: Will be emailed after today s webinar This session will begin promptly at the scheduled start time. We appreciate your patience. Welcome! Post Acquisition Integration: Creating a Road Map for Health and Safety Services Michael Bittner, CPEA Kerry-Ann Jaggassar, CIH
Accreditation Information Individual participants seeking credit MUST: participate in the live webinar or review the recording complete an online evaluation If you are an additional individual participating with a group, you must also submit a fee* for credit. Board of Certified Safety Professionals American Board of Industrial Hygiene *FEE DOES NOT APPLY TO ELEARNING SUBSCRIPTION MEMBERS CERTIFICATION MAINTENANCE CONT D *The deadline for participants to submit the processing fee and online evaluation for the LIVE WEBINAR is *January 11, 2018 + Credit will not be awarded and may not be claimed by individuals who have not submitted the evaluation and processing fee (where applicable). + Evaluation link will be emailed at the conclusion of the webinar. + Allow 1-2 weeks after submitting the required materials to receive email notification that your education transcript has been updated to reflect course completion and credit awarded. *elearning Subscribers have until January 31, 2018 to submit their evaluations for credit
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PRESENTERS Michael Bittner, CPEA Kerry-Ann Jaggassar, CIH OVERVIEW Observations, challenges and best practices for IH/HS for PMI What can you do
POLL 1: DESCRIBE YOUR PAST POST-MERGER EXPERIENCE 1. Chaotic, Disorganized, Horrible 2. Frustrating, Overwhelming, Under-resourced 3. Smooth, Organized, Predictable, Well-resourced Participants enter a number that best describes your experience. WHAT MAKES PMI SO DIFFICULT? Working in a world of uncertainty and constant change Changing business needs and objectives New products, raw materials, manufacturing processes = new risks and regulations Unfamiliar geographies Synergies Staff cuts Site consolidation Plant decommissioning Expanded / modified production
PMI CHALLENGES FOR EHS AND PRODUCT STEWARDSHIP Deficiencies Known Unknown Resources Lack of people, time, or PMI experience Staff departures Differences Company cultures, strategies, programs Risk perception Compliance rigor Resources Leadership engagement Management systems IT systems Expectations, policies, procedures CULTURE, THE BIGGEST BARRIER Centralized Decentralized Resource-rich Resource-lean Risk adverse Risk tolerant Networked Communities Independent Tech-enabled Manual
PRIVATE EQUITY CHALLENGES Private Equity Private Equity Portfolio Company 1 Portfolio Company 1 Portfolio Company 2 Acquisition 1 Acquisition 2 Consolidation creates PMI challenges Portfolio companies may be made up of several companies that have not been fully integrated OBSERVATIONS FROM PREVIOUS ENGAGEMENTS MOST COMPANIES Do not have a formal process for HS PMI Start PMI planning too late Underestimate the level of effort required Don t have sufficient resources Don t know where to turn for help
PMI BEST PRACTICES AT LEADING COMPANIES Preparation Formal process for EHS/product stewardship due diligence and PMI PMI playbook with standardized tools and templates, customized for each deal Implementation Start PMI planning immediately after deal announcement Prepare a PMI roadmap, cost estimate and resource projection Obtain resources for EHS PMI Establish separate teams for integration and divestiture Implement due diligence and PMI activities on a prioritized basis PMI FOCUS AREAS FOR IH, HEALTH & SAFETY Compliance & Risk Programs People & Behaviors
POLL 2: In your opinion, what are the 3 most important safety integration challenges? POLL 3: How much of your time will you have to devote to integration?
EXAMPLE PMI ROADMAP FOR IH/H&S Months 0-6 Months 7-12 People Staff capability assessment & temporary staff IH/HS organization & strategy Team building Means of work Programs Baseline assessment Compliance & risk upgrades Management systems, policies, procedures Program optimization Behaviors IH/HS culture assessment Training needs assessment Training & awareness program Safe behaviors Performance IH/HS performance evaluation Audits and assurance Goals and objectives IT & information management CASE STUDY - PROGRAMS Who s procedure wins? Best of both?
CASE STUDY PEOPLE & BEHAVIORS Pre-closing focus Business continuity CASE STUDY COMPLIANCE & RISK Compliance deficiencies in the trucking industry
ARE YOU READY? Do you have a procedure for IH/HS PMI? Do you prepare a PMI road map for each deal? Have you identified resources to help with integration? If answer to any is no, then you have some work to do to get ready for the next deal it s probably just around the corner and you don t want to be late to the party THANK YOU Michael Bittner, CPEA mbittner@ramboll.com +1 617.549.9645 Kerry-Ann Jaggassar, CIH kjaggassar@ramboll.com +1 413.687.9060
Don t forget to complete your evaluation! Upcoming webinars: November 7 ISO 45001 OHSMS Update and Overview