Task Force Charter
How to Create an M&A Integration Team Charter, Plus Charter Example and Template ExplanationThe Integration Team will create a Charter to document the mission, goals, and deliverables of the team.?How to UseThe Integration Team Leader facilitates the team Charter discussion. S/he should use a printing white board or flip chart, paper and pens to record team members' thoughts and contributions as well as decisions made by the team.When decisions about the team Charter are complete, the Integration Team Leader should document the decisions using the Integration Team Charter template.Discuss the team Charter by:?Identifying all team members.Creating the team's mission. Describe the objectives of the team.Identifying team goals, deliverables, and due dates. Refer to the high-level plans provided by the Executive Team, Steering Committee and Integration Team Leader.Outline the team's goals and major deliverables.Establishing success measures. How will the team define success? How will you measure your effectiveness?Determining reporting and communication responsibilities. Who is this team accountable to?How often will you communicate with this person/team?Identifying resource needs and availability. What person or group will your team need information or decisions from, or who will the team need to provide information or decisions to?Defining boundaries, constraints and assumptions. What can change?What cannot change???Time RequiredAn Integration Team Charter discussion may require up to four hours.Materials RequiredPrinting white board (if available)Flip chart, paper, and pensIntegration Team Charter templateExample of an Integration Team?CharterTeam Members:?Ken Knight*Jane SimpsonFred AlexanderBrian MillerRoger Wallace* denotes team leaderTeam Scope/Objective:Oversee and lead the development of Integration Plans for the rapid, efficient, and successful integration of (Company B's) people, assets, and business operations into (Company A).Team Goals / Deliverables:DeliverableApproximate Due DateTask Force KickoffJune 11Task Force Charters ApprovedJune 12Integration Work Plans ApprovedJuly 10Detailed Project Plans Approved by Steering CommitteeJuly 20Comprehensive Plan PresentationJuly 23Success Measures:Issues are resolved and decisions are made quickly— and judged at the end of every plete and appropriate Task Force Plans are approved on time.Synergies and cost savings are attainable according to submitted Task Force Plans.Reporting / Communication:Accountable to the Steering Committee. Will provide a status report and submit issues for resolution on a weekly basis.Resource(s):Need to provide administrative resources to Task Forces—1 resource for every 2 teams.Jane Simpson will commute between Boston and Chicago for the next month.Boundaries/Constraints/Assumptions:Budget cannot change.Timeline cannot slip.Approval? 4/27/2021Integration Team CharterTeam Name:?[Enter team name here]Team Members:?Team Member 1Team Member 2Team Member 3etc…Team Scope/Objective[State scope/objective here]Team Goals / DeliverablesDeliverableApproximate Due DateSuccess Measures[Enter success measures here]Reporting / Communication: (Accountability, to whom, how often)?Steering Committee – [Enter information here]Integration Team Leader – [Enter information here] Resource(s): (Needs and Availability)[Enter resource needs and availability here][Enter resource needs and availability here]Boundaries/Constraints/Assumptions: (What can change, what cannot)Can Change[Enter boundaries that can change here][Enter boundaries that can change here]Cannot Change[Enter boundaries that cannot change here][Enter boundaries that cannot change here]-22860015938500Approval?SignatureDateTitleRole ................
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