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Acquisition, integration & divestment

Level of Influence Team/Project

Role Business

Overview

Being part of an acquisition integration, divestiture, or joint venture project team provides a challenging opportunity to deepen your knowledge of Mars business practices, execute key Corporate Development concepts, build financial acumen and leadership and support value creation – these activities look at people, finances, and culture.

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Elmira Rubtsova

Elmira Rubtsova

Internal Controller | International MVH & Dx Finance | Russia

Svetlana Semenova-Zvenigorodskaya

Tax & Treasury Hub Director | Treasury - Tax - Benefits & Investments | Russia

Elmira Rubtsova
Elmira Rubtsova
“Internal Controller | International MVH & Dx Finance | Russia”
  • Where did you gain this experience?

    In my current role I am facing this every day because Vet Health Business is relatively new for Mars and the integration is still in process. On top of that, business is growing rapidly and every month we have a couple of newly acquired clinics. I think, at the moment, Vet Health is the best place you can only imagine to get this experience in Mars.

  • What are your key learnings from this experience?

    This is really complicated and challenging, but exciting journey! You always need to remember that almost everything that should be done is a big change for new Associates, because prior to acquisition they did a lot of things differently. You can’t do everything at the same time, plan or roadmap is very important as well. And for me the important part was to build business acumen and to understand how this business creates value.

  • What was the most challenging part of this experience?

    Managing vision and mindset of Associates. In Vet Health the key part of the business are clinics and now when they become a part of huge international business they need to start doing things which they have not done before.  For example, a lot of internal controls, which are critical for large company, but might be less important for small business.  And main challenge is to explain why and motivate them to start.

  • How did this experience shape the way you work today? What is different from before?

    I am much more open to new or different things now. I have started to ask a lot of questions to understand how business works and why the processes are organized such a way.  And now I appreciate good collaborative relationships even more because in such a complicated environment you can achieve success only together.

Svetlana Semenova-Zvenigorodskaya
“Tax & Treasury Hub Director | Treasury - Tax - Benefits & Investments | Russia”
  • Where did you gain this experience?

    I gained this experience within Mars Wrigley integration – the process of moving to one legal entity in Russia taking into account 2 different business operating models. I was part of a project team creating value for future cross-segments and cross-functions and it was amazing experience. The distinctive feature was a hard unmovable deadline (‘project of countdown’). We had only one year from resource allocation to final execution.

  • What were your key learnings from this experience?

    I took away 4 key learnings:
    1. Make informal connections with the project team – we are staying in touch even several years after the project completed.
    2. The more communication the better – even if you think that essential topics are already covered don’t hesitate to repeat. It’s important to keep communication simple and make Q&A sessions with space for Associates to ask and reflect.
    3. An ideal solution that fit all segments and interconnected international units doesn’t exist – make compromises and explore a balanced solution.
    4. Be brave to ask for help from teammates or steering committee (resource allocation, knowledge, brainstorm, etc.).

  • What was the most challenging part of this experience?

    For me it was rather challenging to build specific knowledge of each segment in a very short period and consider potential interdependencies. To get cross-functional credibility I had to visualize the link between financials, risk assessment matrix and true needs of segments.

  • How did this experience shape the way you work today? What is different from before?

    I remember my feelings after the project was completed – “I’m tired and I can do anything” – it’s so strong and interesting experience. Firstly, I’m lucky because our project team is connected today and we use our networking in day-to-day activities supporting each other. Secondly, I’ve integrated what if scenarios and open questions tactic on my daily life. The ambiguity is filled by rumors and it’s important to share the changes as soon as you can and ask open questions, provide enough space to listen the answers, share success examples and reflect on what if something happens what will be the worst case and how you will be impacted. As soon as you get clarity on that you can drive yourself through transformation and them your team. This project made me believe that I can do anything.

Breadth

The Breadth layer is about having a variety of experiences. It’s about becoming more comfortable with the way we do business whether in a new country or in a new segment. Experience in this layer empowers Associates to make credible and informed decisions and create value for the business.

Business

Experiences expand your business acumen; they help you understand how Mars works as an organization. In this layer you can demonstrate your ability to make strategic choices and create value in a variety of situations and scenarios. Successful experience in this may demonstrate that you can manage better business outcomes.

People

The People layer gives you experience in people management, a critical capability for managers and leaders across the organization. If you wish to manage large scale teams, significant experience will be required as part of this people layer.

Depth

Gaining experience across Finance pillars will help Associates gain perspective, business understanding and be more credible when making decisions. You build functional skills by gaining experiences in at least two of the three job families within the Finance function (i.e. Innovative Business Partnering, Smart Financial Operations, Enhanced Specialized Services) as well as some experience in the Digital space.

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Amanda Hawkins
“Discovering where your passion lies”

The Breadth layer is about having a variety of experiences. It is about becoming more comfortable with the way we do business whether in a new country or in a new segment. Gaining this experience empowers Associates to take more credible and informed decisions and understand where the value comes from. Some of these experiences can be checked off simply by working in project teams that are cross-segment, cross-country, or within different types of business models (i.e. Mature vs Emerging markets, CPG vs Retail, DTC or Services business, Shared services business).