Podcast: Why Do Global Mergers and Acquisitions Fail?
GPMIP Partner, Christophe Van Gampelaere, discusses his three tips for becoming more culturally competent in this podcast:
- Read. Read books from Geert Hofstede, Erin Meyer, and others when it comes to culture. In other words, educate yourself. Know where you are yourself when it comes to cultural difference.
- Institutionalize culture in the M&A pre-deal negotiations.
- When you’re communicating with different cultures, after the M&A deal has been signed, take into account that different cultures communicate differently and that you should do too.