Assume that you are the CEO of a multi-national company. What is the first thing you consider when selecting a model to use in an upcoming cross-cultural merger, joint venture, or acquisition? Why? How will this consideration assist you in selecting the best model for the situation?Being the CEO of a multi-national company, the primary thing I would first and foremost take into consideration when choosing a model in a forthcoming cross-cultural merger is the cultural aloofness that exists between my organization's culture and the other company. The fundamental reason for doing so is because in instances of a merger, joint venture or acquisition, more often than not, the players from one end of the merging organization hold dissimilar perspectives, beliefs and points of view of the organizational culture (Graen, 2006). Therefore, by getting into a joint venture, merger or acquisition devoid of comprehensively integrating the differing cultural views, then the chances of having a successful merger or acquisition become minimal (Denison et al., 2011).
This consideration will help me as the CEO of the company in selecting the most ideal model for the situation. This is in the sense that in instances where there is minimal cultural dissimilarity amongst the two organizations, the model utilized in the course of the cross-cultural joint venture, merger, or acquisition will solely consider how the major organization will espouse and embrace the other organizational...
On the other hand, if there are significant cultural differences between the two organizations, the model selected will encompass profound evaluation of cultural diversity not only at an organizational level but also at a personal level. This takes into account assessing whether there is individual awareness and understanding of differences and eccentricities (Denison et al., 2011). In addition, if the company develops growth in attitude culture, the individuals, various stakeholders and the organization as a whole, will successfully be part of the joint venture, merging or acquisition process (Petkovic et al., 2014).
When leading a culturally diverse organization as an inclusive leader, which negotiation strategies are most successful? Why?
An organization that has diversity and inclusivity augments the effectives of tasks undertaken by every member, interactive relationships, and individual efficiency to attain their best. When leading a culturally diverse organization as an inclusive leader, one of the most successful negotiation strategies to utilize is ascertaining the conflicting and contradictory standpoints. The reason for this is to understand the extent to which these parties are divergent in terms of their views. The subsequent approach is to recognize and accept the diversity in thinking and embracing the varying perspectives. Thereafter, as an inclusive leader, the next phase is to commence to congregate and unite considerations…
