Why cultural awareness training for managing international mergers and acquisitions? In today’s global environment, mergers, acquisitions and joint ventures are increasingly becoming an expectation rather than exception for companies and managers working in a multinational context. Although such fusions are often near-perfect matches in terms of product and/or technical expertise, it is estimated that between 60% and 80%* of cross-cultural mergers fail—largely because the issue of cultural difference was not taken into account during the preparation and implementation process. Indeed, direct losses, underperformance, opportunity costs and poor return on investment can all be related to a failure to apply cultural awareness throughout the pre and post-merger planning and implementation processes.
In response to a growing need for a culturally sensitive approach to effecting cross-cultural mergers, acquisitions and joint ventures, Communicaid’s Managing International Mergers and Acquisitions courses take an intercultural approach, linking the cultural dimension as a central component to every stage of the merger process.
Benefits
A Communicaid’s Managing International Mergers and Acquisitions course will provide you with:
- The necessary awareness of the central role of culture in international mergers and
acquisitions
- An understanding of the added value of incorporating intercultural approaches to mergers and
acquisitions planning and implementation
- The opportunity to identify and analyse fundamental cultural components in mergers and
acquisitions planning, preparation and implementation
- The opportunity to develop strategies linking culture with the organisational components of
merger planning and implementation
- The tools to develop cultural awareness and cross-cultural competence to effectively manage
the cultural challenges inherent in any merger processes
Who should attend
A Communicaid Managing International Mergers and Acquisitions course will be of benefit to you if:
- You are involved in conducting a cross-cultural merger or joint venture
- You are in a managing position in a recently effected merger or joint venture
- Your work involved close and/or contact with colleagues from other cultures in the
development of cross-cultural R&D programmes and/or ventures
Course content
All our Managing International Mergers & Acquisitions training courses are designed to meet the specific needs of our clients depending on their specific requirements and existing skills set. A Managing International Mergers &Acquisitions course typically includes:
- The role of individual, national and organisational culture
- Planning and preparing for an international merger or acquisition
- Intercultural due diligence
- The implementation process
- Building trust and relationships
- Cross-cultural management skills
- Challenges and solutions
Managing International Mergers & Acquisitions courses are available seven days a week, 365 days a year, either at one of our training centres in London, Paris, Frankfurt and New York or at your offices in any location worldwide. We usually recommend a one or two day course but can also offer a more flexible format to suit your schedule.
Suitably tailored materials will be used throughout your course and your trainer will provide a balance of structured input and discussion of case studies and scenarios relevant to your own particular context.
The most appropriate training format, content and approach for your Managing International Mergers & Acquisitions course will be discussed during your diagnostic consultancy (please click here to read more about our approach).
Managing International M & As course trainer
Your Managing International Mergers & Acquisitions trainer will be assigned to you following the results of your diagnostic consultancy according to your objectives and areas of focus. Detailed below is the profile of a member of our cultural awareness training team.
CR – Cross Cultural Specialist
BA American Studies, Manchester
MSc Strategic Training and Development, Surrey
CR has over twenty years international management and intercultural training experience with corporate and non-profit clients in both the US and UK. She has worked with a number of major multi nationals across a wide range of sectors including engineering, energy, finance, pharmaceutical and petrochemical industries. Her areas of expertise include diversity training, intercultural coaching, UK and US business training and cross border communication.
After graduating, CR moved to Chicago where she lived and worked for over ten years. She spent the first four years as Training Manager with International Orientation Resources recruiting and supervising trainers in addition to delivering training herself. She then moved to Bennett Associates where her projects included Train-the –Trainer, cultural adaptability, cross cultural awareness for international management and intercultural training for HR. CR’s final position in the States was as Project Manager for the Anti-Defamation League developing materials and seminars for diversity training.
On her return to the UK in 1996, CR completed her Masters and has since worked as an intercultural and global diversity consultant delivering cultural transition training, diversity seminars and intercultural training in support of European mergers and acquisitions and international HR. CR also regularly delivers workshops and seminars for a number of professional organisations such as SIETAR and CIPD. She has delivered training for key Communicaid clients including Smith & Nephew, L’Oreal and Cadbury Schweppes.
* Industrial Management, 2000
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