Product development synergies
Originally published: 15/04/2016 08:18
Last version published: 29/03/2017 15:41
Publication number: ELQ-46227-3
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Product development synergies

Produce a checklist of skills to analyze two business' synergies.

Description
This slide is a comparison list of 2 businesses' skills and know-how. The layout allows for an efficient summary of the commonalities and differences between the two businesses. Ticks and check boxes help visualize the extent of the synergies.

This Best Practice includes
1 PowerPoint model slide + step-by-step method

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Further information

Your company plans on launching a new activity or buying out another company. This slide aims at giving a simplified overview of the synergies between your existing business and your new venture. It can be used as a checklist for the common skills and know-how of the two businesses as well as their differences.

• Create a valuable hand-out for discussion and decision making
• Bring value to your company by reflecting on its set of skills and listing them straightforwardly
• Reflect on your new venture's skills needs and list them for clear communication
• Show an at-a-glance overview of the amount of synergies between your business and your new venture
• Communicate the results of your research in a clear and understandable format

• You need an efficient decision-making aid for your new venture plans
• You want to summarize the synergies between 2 businesses

• You want to describe the 2 businesses or their skills at length
• You want to quantify the level of synergy of the listed skills


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