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The Impact of Culture on M&A Webinar Video

What does culture have to do with M&As?

We are told that mergers and acquisitions are often less successful than anticipated. One of the reasons given for such failures is a cultural mismatch between the different partners, in fact, in cross-border mergers, 83% of mergers fail.

We assume that cultural fit implies that the organisational cultures of the parties involved are similar. The challenge with the concept of a “cultural misfit” is that often we forget that within one and the same organisation there are many sub-cultures, each differing with regards to the various layers of culture.

 

The Culture Onion

 

Organizational culture touches upon the outer 3 three layers of the so-called, “culture onion” – working practices exemplified by symbols, heroes and rituals.

So when we merge organizations – which parts do we actually merge? About which (sub-)cultures are we actually talking?

These are just some of the topics our CEO, Egbert Schram, discusses in this “The Impact of Culture on M&A” webinar.