Straight Talk Special Issue: Life Sciences & Healthcare - 30
Daily huddles are crucial
This is why communication is never more
important than during an integration -
something we recently went through with the
merger of health plan solution providers
Tessellate and Visiant to form Advantasure.
Integrating Visiant and Tessellate gave us a
more extensive product suite for our clients,
which are primarily US-based health insurance
companies. From an IT point of view, having a
full portfolio of products and services gave us
greater economies of scale that we could
leverage in a variety of ways, including data
science, machine learning, and the cloud.
Communication continues to be critical to our
successful integration. We have quarterly
all-staff meetings that allow us to keep a pulse
on the things that are going on in our newly
joined operations and give us more time to
react. This gives you a greater comfort level on
a day-to-day basis with your team, especially
with most of us in different locations across
the country.
Even more crucial in my experience are the
daily standup meetings I have with my own
leadership team. Every day we meet for 15
minutes and talk through things. In addition,
each member of my team meets with his or
her own team on a very frequent basis too, so
we take a pulse on what's going on in every
section.
The interaction that occurs in the daily
standup
meetings
keeps
lines
of
communication open and makes it easier for
people to get in the habit of sharing
information. You lose some of the formality
that larger meetings encourage, and that
enables you to get to the heart of a problem
more quickly. If what people report suggests
you need to adjust your strategy, that
collective awareness of the issues can help you
pivot more quickly too.
In our earlier meetings following the merger,
we talked about what brought the two
companies together - what the vision was,
and what we needed to execute to get there.
Then we had to make sure that we were all
aligned, and to address any differences to
create a shared understanding of the
company's goals. Ensuring that everyone
understands the vision is key to cultural
alignment.
Typically, a merger brings a lot of changes - not only to
the new company's processes, but to its culture. In my
experience, you can't ignore those "soft factors."
30
Straight Talk Special Issue: Life Sciences & Healthcare
Table of Contents for the Digital Edition of Straight Talk Special Issue: Life Sciences & Healthcare
Contents
Straight Talk Special Issue: Life Sciences & Healthcare - Cover1
Straight Talk Special Issue: Life Sciences & Healthcare - Cover2
Straight Talk Special Issue: Life Sciences & Healthcare - 1
Straight Talk Special Issue: Life Sciences & Healthcare - Contents
Straight Talk Special Issue: Life Sciences & Healthcare - 3
Straight Talk Special Issue: Life Sciences & Healthcare - 4
Straight Talk Special Issue: Life Sciences & Healthcare - 5
Straight Talk Special Issue: Life Sciences & Healthcare - 6
Straight Talk Special Issue: Life Sciences & Healthcare - 7
Straight Talk Special Issue: Life Sciences & Healthcare - 8
Straight Talk Special Issue: Life Sciences & Healthcare - 9
Straight Talk Special Issue: Life Sciences & Healthcare - 10
Straight Talk Special Issue: Life Sciences & Healthcare - 11
Straight Talk Special Issue: Life Sciences & Healthcare - 12
Straight Talk Special Issue: Life Sciences & Healthcare - 13
Straight Talk Special Issue: Life Sciences & Healthcare - 14
Straight Talk Special Issue: Life Sciences & Healthcare - 15
Straight Talk Special Issue: Life Sciences & Healthcare - 16
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Straight Talk Special Issue: Life Sciences & Healthcare - 26
Straight Talk Special Issue: Life Sciences & Healthcare - 27
Straight Talk Special Issue: Life Sciences & Healthcare - 28
Straight Talk Special Issue: Life Sciences & Healthcare - 29
Straight Talk Special Issue: Life Sciences & Healthcare - 30
Straight Talk Special Issue: Life Sciences & Healthcare - 31
Straight Talk Special Issue: Life Sciences & Healthcare - 32
Straight Talk Special Issue: Life Sciences & Healthcare - 33
Straight Talk Special Issue: Life Sciences & Healthcare - 34
Straight Talk Special Issue: Life Sciences & Healthcare - 35
Straight Talk Special Issue: Life Sciences & Healthcare - 36
Straight Talk Special Issue: Life Sciences & Healthcare - 37
Straight Talk Special Issue: Life Sciences & Healthcare - 38
Straight Talk Special Issue: Life Sciences & Healthcare - 39
Straight Talk Special Issue: Life Sciences & Healthcare - 40
Straight Talk Special Issue: Life Sciences & Healthcare - 41
Straight Talk Special Issue: Life Sciences & Healthcare - 42
Straight Talk Special Issue: Life Sciences & Healthcare - 43
Straight Talk Special Issue: Life Sciences & Healthcare - 44
Straight Talk Special Issue: Life Sciences & Healthcare - Cover3
Straight Talk Special Issue: Life Sciences & Healthcare - Cover4
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https://magazine.straighttalkonline.com/issue12
https://magazine.straighttalkonline.com/assetheavy2020
https://magazine.straighttalkonline.com/lifesciencesandhealthcare2019
https://magazine.straighttalkonline.com/womenintech2
https://magazine.straighttalkonline.com/financialservices2019/
https://magazine.straighttalkonline.com/issue11
https://magazine.straighttalkonline.com/issue10
https://magazine.straighttalkonline.com/issue9
https://magazine.straighttalkonline.com/womeninit
https://magazine.straighttalkonline.com/financialservices
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https://magazine.straighttalkonline.com/issue7
https://magazine.straighttalkonline.com/issue6
https://magazine.straighttalkonline.com/issue5
https://magazine.straighttalkonline.com/issue4
https://magazine.straighttalkonline.com/issue3
https://magazine.straighttalkonline.com/issue2
https://magazine.straighttalkonline.com/issue1
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