Archive for globalbusiness SmartBlogs
This post is an excerpt from “Flex: The New Playbook for Managing Across Differences,” (March 2014, HarperBusiness), by Jane Hyun and Audrey S. Lee. The book is available at Amazon, Apple, Barnes & Noble and Indiebound.
As individuals we can accomplish only so much. We’re limited in our abilities. … Collectively, we face no such constraint.[…] Continue Reading »
Today, emerging markets are leading the global economy. China and India attract most Western attention. But growing domestic demand and unique human capital talent in Latin America make this region just as likely to deliver strong returns as its Asian counterparts. To succeed in this environment, Western organizations must understand the operational complexities, local realities and the “human capital” factor in individual markets in Latin America.[…] Continue Reading »
Another article on mergers and acquisitions? And cross-border deals at that! Why bother, given that so much literature has been published on cross-border M&A, especially with respect to why some transactions — particularly cross-border ones — often crash and burn?
This article, however, looks at such deals from another angle.
In addition to the more typical corporate law and organizational structure discrepancies, geopolitical and sociocultural differences endemic to different countries (or even regions within the same country) should be added to the long list of challenges that routinely occur when two business organizations, located in separate countries, try to merge.[…] Continue Reading »
Today’s working environment is global in scope, rife with uncertainty and lacking in long-term guarantees. In such a setting, company culture has been emphasized, whether to assuage employees and shareholders or provide a rallying point, a mission or a common set of business goals — and even as the difference between success and failure.
But what is culture, and what does “getting it right” mean?[…] Continue Reading »
All too often, business leaders find themselves between a rock and a hard place. Globalization has, once again, placed them in this familiar predicament.
On one side, they are pressured by tight deadlines, reduced budgets, and greater demands from their customers. On the other, they are also being urged to integrate cultural awareness and other cross-cultural considerations into their managerial decisions — decisions that are supposed to affect operations on the other side of the globe.[…] Continue Reading »