- Value extraction targets should be broken down and allocated to individual projects - A robust cash-based benefits model is required � measuring things that make sense to operational staff. - Identify the areas that will deliver the most value - prioritise and focus efforts as appropriate - IT will be either crucial or unimportant - Less obvious topics - e.g. real estate � can contribute up to 20% of savings - Ruthlessly review existing projects � Acquirer and Target. - Not all projects need to be done at the same time - Install strong leadership to ensure commitment to achieving the benefits - Clear governance and single point accountability are key - The integration delivery structure must be firmly tied to the �business as usual� structure