Mergers, Acquisitions and Joint Ventures
Rationale
Empirical evidence suggests
that up to 85% of all mergers and acquisitions fail either to increase
shareholder value or to achieve their financial objectives.
Companies
involved in merger and acquisition transactions often pay secondary attention
to the impact on employees and the 'people risk'. Yet the most important causes
of failure are poor implementation and integration, rather than flawed deal
execution or structuring.
Change of control can be hugely disruptive in
any environment, resulting in alienation, a feeling of detachment and a change
in the status quo. These issues are magnified when the transaction is cross
border.
Objectives
- Ensure that the transaction has the best possible chance of
succeeding
- Turn diversity into an asset
- Understand the core values of the acquired company and the
cultural values of the country in which it resides
- Improve collaboration with your new work colleagues
- Build trust by enhancing communication with the newly acquired
company
Our Approach Provision of a cross cultural due
diligence coaching programme to:
- Assist senior management of the acquirer in understanding the
core values of the acquired company and the culture of the country in which it
operates
- Assist senior management of the acquired company in
understanding the core values of the acquirer and the culture of the country in
which it operates
- Surface major cultural misalignments
- Identify those best suited to be actively involved in the
implementation phase
- Provide key personnel with ongoing support during the
implementation phase
- Establish which managers/employees would be the most
appropriate for cross border assignments
© CrossCulturalists 2008
