Journal ArticleDOI
When cultures collide: the challenge of global integration
TLDR
In this article, the authors discuss innovative integration strategies and present a set of quantum skills that can be used to neutralize cross-cultural barriers, thus enabling global leaders to create high performance organizations.Abstract:
The past two decades have been characterized as a time of merger mania. Unprecedented numbers of consolidations have occurred. Paradoxically these mergers have typically failed to achieve the targeted results. From a general point of view, the financial track record of recent mergers is, in fact, abysmal. It appears that the proposed efficiencies of scale often do not materialize. Yet, the merger frenzy continues. Globalization is a contributing factor. However, the cultural, political, psychological and geographical hurdles of cross‐cultural integration are enormous. This article explores the challenge of global integration by examining the much‐publicized DaimlerChrysler merger. The authors discuss innovative integration strategies and present a set of quantum skills that can be used to neutralize cross‐cultural barriers, thus enabling global leaders to create high performance organizations.read more
Citations
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Journal ArticleDOI
A Recursive Perspective on Discursive Legitimation and Organizational Action in Mergers and Acquisitions
Eero Vaara,Philippe Monin +1 more
TL;DR: The case analysis provides a new explanation for merger failure and it is argued that the recursive model connecting discursive legitimation and delegitimation strategies to concrete organizational action makes a more general contribution to the understanding of organizational legitimation.
Expanding Our Now: The Story of Open Space Technology. First Edition.
TL;DR: Open Space Technology (OST) as mentioned in this paper is an effective, economical, fast, and easily repeatable strategy for organizing meetings of between 5 and 1,000 participants, and it has been widely used in many organizations.
Book ChapterDOI
The Impact of Culture on Mergers and Acquisitions: A Third of a Century of Research
TL;DR: A detailed review of the many related but distinct constructs that have been introduced to the literature can be found in this paper, where the authors show what these constructs mean for mergers and acquisitions, what major findings have been discovered, and most importantly how constructs interrelate.
Journal ArticleDOI
Development of a business‐to‐business critical success factors (B2B CSFs) framework for Chinese SMEs
TL;DR: In this paper, the authors explore business-to-business critical success factors (B2B CSFs) for small and medium-sized enterprises (SMEs) operating in the Chinese B2B marketplace, evaluate the findings, and use the generated CSFs to propose a framework to assist in the marketing management of B2Bs in China.
Cultural Strategies in M&As: Investigating Ten Case Studies
TL;DR: In this article, the authors discuss and contrast the cultural fit, cultural potential, communication, direction, and leadership in the success and failures of mergers and acquisitions, and find that communication is a necessity, drastically improving the success of a merger, and a cultural assessment of both fit and potential are important factors for providing direction and guidance for necessary decision making and planning initiatives required by management throughout all stages of the merger or acquisition.
References
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Book
Built to Last: Successful Habits of Visionary Companies
James C. Collins,Jerry I. Porras +1 more
TL;DR: Built to Last as mentioned in this paper examines 18 exceptional and long-lasting companies, including General Electric, Boeing, Disney, Hewlett-Packard and Proctor & Gamble, and compared each with one of its closest but less successful competitors, in order to discover exactly what has given it the edge over its rivals.
Journal ArticleDOI
Ties that bind : correlates of adolescents' civic commitments in seven countries
TL;DR: The relationship of voluntary work, school climates, and family values to public interest as a life goal of adolescents is presented for a sample of 5,579 12-18 year olds in three stable and four transitional democracies as mentioned in this paper.
Book
The Synergy Trap: How Companies Lose the Acquisition Game
TL;DR: Sirower et al. as mentioned in this paper argue that the tendency of managers to succumb to the "up-the-ante" philosophy in acquisitions often leads to disastrous ends in the hypercompetitive marketplace, and that companies must meticulously plan - and account for huge uncertainties - when deciding to enter the mergers game.