Download or read book Cultural Differences and Communication Issues in International Mergers and Acquisitions The BenQ Debacle written by Vera Riesenweber and published by GRIN Verlag. This book was released on 2015-04-01 with total page 18 pages. Available in PDF, EPUB and Kindle. Book excerpt: Seminar paper from the year 2014 in the subject Communications - Intercultural Communication, grade: 1,0, Warsaw School of Economics, course: Global Management Practice, language: English, abstract: The number of global corporations has grown in the last few decades. The advent of technology and fliberalization of political and regulatory barriers enables companies to operate their business internationally. There are less moving barriers between different countries, more common worldwide laws, less barriers in monetary transaction and fewer geographic distances. However, very often companies fail in acquisition, foreign direct investments and cross-border partnerships because their global strategies are not proper enough, or the execution is more complex as expected. This paper deals with BenQ`s failure of acquiring of Siemens mobile devices. During the acquisition, parties face different challenges like market, technology and how to allocate budget, but in this case the biggest challenge was cultural interchange. This report analyzes cultural differences of both countries in which these companies are located based on Hofstede`s cultural dimensions. This particular acquisition is an appropriate example of why some intercultural mergers don’t work because of big differences in national, organizational and professional culture.
Download or read book Cultural Dimensions of International Mergers and Acquisitions written by Martine Cardel Gertsen and published by Walter de Gruyter. This book was released on 2013-02-06 with total page 216 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Post merger Intercultural Communication in Multinational Companies written by Christina Burek and published by Peter Lang. This book was released on 2010 with total page 178 pages. Available in PDF, EPUB and Kindle. Book excerpt: Originally presented as: Thesis (D.Phil.)--University of Giessen, 2009.
Download or read book Transcending Cultural Frontiers written by Norhayati Zakaria and published by Springer Nature. This book was released on 2020-07-19 with total page 181 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book focuses on the cultural challenges often faced by international managers and global business operations. In the last few decades, the world has witnessed unprecedented economic turmoil, volatility, and uncertainty which has altered the political dynamics and sociocultural landscape around the globe and directly or indirectly affected international business activities. Further, new markets have opened up in every corner of the world. Brazil, Russia, India, and China, collectively known as BRIC, are strong emerging economic powers similar to the once captivated ‘Asian Tigers’ such as Hong Kong, Singapore, South Korea and Taiwan which rose decades ago. The emergence of these markets has heightened both the opportunities and challenges for national and international businesses. Multinational firms are gradually expanding in the emerging markets and are expected to become giants in the foreseeable future. As they expand, they also need to assume increasing social responsibilities in a global context, and it is important that the ways business is conducted are developed accordingly. As such, understanding the practices, challenges, and strategies that companies have developed is critical to global firm’s success. Against this background, the book highlights the importance of understanding cultural elements when managing multicultural human behaviors in the workplace. Based on conceptual and empirical work, it pushes the frontiers of knowledge of this emerging field in international business setup and management, and explores how globalization is changing the way in which multinational firms formulate their business strategies. “The editors of this text bring a wealth of expertise in this area, as is evidenced by their choice of topics, and the strength of the experts they have invited to contribute to the book. The combined chapters provide both strategic guidance as well as a focus on operational concerns that may arise in international business including expatriation and human resource mobility. The authors not only correctly identify the oncoming challenges, but also present evidence regarding the likely solutions such as culture and innovation and global change management. Overall, this book will be a tremendous resource for scholars in the international business field, but I believe the audience will be much wider. The international team of editors and authors bring a wide range of perspective as well as real-world contextual knowledge that will be useful for scholars and practitioners who seek to leverage culture and human capital to advance international business and drive the global economy. I applaud the editors for their vision and leadership in guiding us through one of the most challenging contemporary research areas and through one of the most pressing challenges of our day.” -Dr. Richard L. Griffith, Executive Director, Institute for Cross Cultural Management, Florida Institute of Technology, Melbourne, FL, USA
Download or read book Managing Culture and Interspace in Cross border Investments written by Martina Fuchs and published by Routledge. This book was released on 2017-06-27 with total page 193 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book focuses on the dialectics between spatio-organisational gaps and local contexts that characterise cross-border investments. "Interspatial" investments – be it mergers & acquisitions (M&A) or greenfield investments – are usually characterised by what is referred to as "otherness", i.e. organisational and cultural distances of the firms involved in relation to their regional contexts. At the same time, economic, political and socio-cultural linkages are decisive for attracting cross-border investments to regions and for providing firms with conditions supportive of their market success. As a consequence of being locked into complex structures of proximities, cross-border investments are situated in contested terrain. This terrain triggers learning processes in both regional actors and investors, which can result in the convergence of mindsets and organisational issues. This book is unique in that it combines interspace (defined as the distance between the new owner and the cross-border venture), place (the target region), interpretation (perception and understanding of the investment by the actors involved) and context (institutions, actor networks and interaction), thus offering better understanding of recent processes of globalisation. Crossing disciplinary boundaries by integrating economic geography and management studies, the volume adopts an innovative and spatially informed perspective on foreign direct investments (FDI). This perspective will be of great value to scholars, students and practitioners. The volume is inventive in its approach in that it offers fresh readings from interdisciplinary theoretical approaches and combines these with valuable empirical insights from developed as well as Emerging Economies.
Download or read book Mergers and Alliances written by Anne Woodsworth and published by Emerald Group Publishing. This book was released on 2013-09-24 with total page 356 pages. Available in PDF, EPUB and Kindle. Book excerpt: Volume 37 of Advances in Librarianship presents detailed examples of local and regional mergers and other alliances, the methods used to ensure effective and successful collaborations, and descriptions of the factors which contributed to less successful efforts at consolidation. This volume is a companion to Volume 36 which provided a broader view
Download or read book Managing Cultural Integration in Cross Border Merger and Acquisition Activities written by Franziska Schweigert and published by GRIN Verlag. This book was released on 2021-08-06 with total page 86 pages. Available in PDF, EPUB and Kindle. Book excerpt: Bachelor Thesis from the year 2018 in the subject Business economics - Business Management, Corporate Governance, grade: 1,3, Berlin School of Economics and Law, language: English, abstract: What are the critical success factors in CBM&A activities? What are the obstacles to and facilitators of a successful cultural integration in CBM&A activities? Which actions need to be taken to successfully manage cultural integration processes during CBM&A activities? This thesis will aim to answer these three research questions. Consequently, the research conducted aims to create an elaborate understanding for one of the most cited reasons of CBM&A failure, cultural integration, and to answer the research questions by developing a concrete action plan. This shall be approached by firstly outlining a brief overview of M&A theory before addressing special aspects of CBM&As in chapter 2. The second chapter will be concluded by explaining the complexity of culture and establishing a selection of empirically proven approaches on assessing culture. Subsequently, chapter 3 will focus on the decision factors which determine integration approaches before cultural integration models will be more narrowly outlined. Chapter 3 will then highlight the critical factors influencing cultural integration in more detail and start elaborating on how the evolving problems related to cultural integration can be encountered. In chapter 4, the research approach and methods will be explained in detail before the fifth chapter will highlight the key findings of the empirical analysis. Chapter 5 will then discuss the research findings and develop an action plan to show managerial implications on how to successfully manage cultural integration. Lastly, chapter 6 will summarize the findings of this thesis and illustrate the limitations of the research, before outlining starting points for future research.
Download or read book Challenges for Communication Management and Public Relations in International Mergers and Acquisitions written by Ryszard Ławniczak and published by . This book was released on 2011 with total page 293 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book The Impact of Cultural Differences on Cross border Merger Processes written by Romy Trajanov and published by VDM Publishing. This book was released on 2008 with total page 156 pages. Available in PDF, EPUB and Kindle. Book excerpt: Nowadays due to the fierce global competition, cross-border mergers are a well-known strategic option for companies to become global players. There-fore internationally merging companies have to deal with the issue of cultural differences as both partners bring different national and corporate cultures into the new formed corporation. Geert Hofstede's and Fond Trompenaars' cultural studies provide the basis for a comparison of national and organi-sational cultural diversity between German and American people. These cultural differences have to be considered during the post-merger implemen-tation process as only compatible organisational cultures lead to successful mergers. Employees are at a great extent responsible for a merger's success. The DaimlerChrysler merger created one of the biggest automobile manufac-turers in the world and changed the face of the automobile industry. This merger represents the complexity of resulting merger failures if the cultural impact will be underestimated. Managers have to learn to create global organisations with shared values and purposes, while also take into account national differences of the organisation members. The DaimlerChrysler merger provides a reference case for any international merger in the future.
Download or read book To what extent do national cultural differences in communication management styles and employer employee relations explain problems during cross border mergers written by Julian Jantke and published by . This book was released on 2010 with total page pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book The Impact of Cultural Differences on the Daimler Chrysler Merger written by Svenja Stellmann and published by GRIN Verlag. This book was released on 2010-12 with total page 29 pages. Available in PDF, EPUB and Kindle. Book excerpt: Research Paper (undergraduate) from the year 2010 in the subject Organisation and Administration, grade: 1,7, Northumbria University, language: English, abstract: The Merger of DaimlerChrysler in 1998 is regarded to be the biggest merger in the automotive industry. In academic literature there is consensus about the fact that cultural issues had a major impact on the merger's failure. Bearing in mind the importance of organisational culture on the success of M&A, this study aims to provide an in-depth analysis of the famous DaimlerChrysler merger. The researcher will reveal the organisations' cultural issues which arose during and after the merger and she will explain the impact of these issues on different organisational levels. The analysis will be conducted with the help of the theoretical frameworks of Schein (1984) and Hofstede (2001). Findings show that cultural differences have had an impact throughout all organisational levels. Due to this finding it is concluded that the merger was about to fail from the beginning on.
Download or read book Cultural Issues in Business Communication written by Robert G. Sellin and published by Program Facilitating. This book was released on 2005-04-15 with total page 119 pages. Available in PDF, EPUB and Kindle. Book excerpt: A compilation of checklists and ideas for coping with cultural differences in both business and social communication.
Download or read book The Culture Factor written by Mark Neal and published by Palgrave Macmillan. This book was released on 2014-01-14 with total page 157 pages. Available in PDF, EPUB and Kindle. Book excerpt: Multinational companies have learnt through bitter experience that cultural differences can be very damaging in terms of bad communication, high staff turnover and low morale. In recent years research has shed light on the scale of the problem, and it is now widely recognised that cultural differences can severely undermine business performance. The Culture Factor examines why it is that cultural differences engender such difficulties and looks at the different kinds of cultural costs associated with international business. Through identifying the organisational processes that lead to classic 'cultural problems', the book shows in a practical way how businesses can manage cultural difference more effectively.
Download or read book Global Information Technology Report 2008 2009 written by Soumitra Dutta and published by World Economic Forum. This book was released on 2009 with total page 407 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Healthcare Professionalism written by Lynn V. Monrouxe and published by John Wiley & Sons. This book was released on 2017-02-21 with total page 317 pages. Available in PDF, EPUB and Kindle. Book excerpt: Healthcare Professionalism: Improving Practice through Reflections on Workplace Dilemmas provides the tools and resources to help raise professional standards within the healthcare system. Taking an evidence and case-based approach to understanding professional dilemmas in healthcare, this book examines principles such as applying professional and ethical guidance in practice, as well as raising concerns and making decisions when faced with complex issues that often have no absolute right answer. Key features include: Real-life dilemmas as narrated by hundreds of healthcare students globally A wide range of professionalism and inter-professionalism related topics Information based on the latest international evidence Using personal incident narratives to illustrate these dilemmas, as well as regulatory body professionalism standards, Healthcare Professionalism is an invaluable resource for students, healthcare professionals and educators as they explore their own professional codes of behaviour.
Download or read book 21st Century Management A Reference Handbook written by Charles Wankel and published by SAGE. This book was released on 2008 with total page 1137 pages. Available in PDF, EPUB and Kindle. Book excerpt: Ordered as part of a set on ID 7574134.
Download or read book Managing Across Cultures written by Susan C. Schneider and published by Prentice Hall. This book was released on 2003 with total page 356 pages. Available in PDF, EPUB and Kindle. Book excerpt: A solid theoretical framework, thoroughly integrated with research, should provide students with invaluable insight into application in the real world and there is a framework for analyzing national culture which can also be applied to other cultural spheres - regional, industry, corporate and functional/professional - providing students with an understanding of how any business encounter represents the interaction of several cultural spheres. Case studies are drawn from around the world.
