36 min listen
044: Why Culture is a Major Success Factor to M&A’s; Thomas Kessler
FromCultural Differences & Cultural Diversity in International Business
044: Why Culture is a Major Success Factor to M&A’s; Thomas Kessler
FromCultural Differences & Cultural Diversity in International Business
ratings:
Length:
43 minutes
Released:
Oct 26, 2015
Format:
Podcast episode
Description
About This Week's Guest
Thomas Kessler
Thomas Kessler is Partner and Managing Director of Global PMI Partners and draws on 20 years experience in Mergers & Acquisitions and particularly in Post Merger Integration. The importance of culture in transactions is one of the essential success factors.
Thomas looks at culture beyond being a success factor. In his experience culture should be a key decision factor when acquiring.
He will present his view how companies can incorporate culture during strategic selection and due diligence to ensure they are considering the impact of culture integration in the purchase decision.
His three tips for becoming more culturally competent are:
Be open and listen actively. Take not of the others' organisation culture; What do you see? What do people talk about? What do they celebrate? etc.
Realize that culture is a major success factor when it comes to M&A's. There are plenty success stories (mentioned in the interview), but unfortunately also many failures.
Have people on board in your organisation that act as "champions"; so other people can see what they do, how they act and in this way identify themselves with the desired (new) culture.
Interview Links
Links that are mentioned in this episode:
Email:thomas@gpmip.com
Telephone: +49 172 255 9788
Build Your Cultural Competence
In the Culture Matters podcast, we interview real people with real stories.
Every other week there is a guest with broad international experience and lots of cultural insights. I interview real people with real stories.
To subscribe directly using iTunes or Stitcher, Click here, or here (or click any of the images below).
How To Get In Touch With Culture Matters
I'd love for you to get in touch. There are a couple of ways you can do this:
Via this website: Just use the “Ask Your Question” tab on the right of the screen and leave a voicemail
Email me at chris.smit@culturematters.com
Send me a Tweet: @chrissmit
Finally
Thank you so much for taking the time to read this far, and to listen to my Podcast.
I hope you will be back for the next episode of the Culture Matters Podcast!
Thomas Kessler
Thomas Kessler is Partner and Managing Director of Global PMI Partners and draws on 20 years experience in Mergers & Acquisitions and particularly in Post Merger Integration. The importance of culture in transactions is one of the essential success factors.
Thomas looks at culture beyond being a success factor. In his experience culture should be a key decision factor when acquiring.
He will present his view how companies can incorporate culture during strategic selection and due diligence to ensure they are considering the impact of culture integration in the purchase decision.
His three tips for becoming more culturally competent are:
Be open and listen actively. Take not of the others' organisation culture; What do you see? What do people talk about? What do they celebrate? etc.
Realize that culture is a major success factor when it comes to M&A's. There are plenty success stories (mentioned in the interview), but unfortunately also many failures.
Have people on board in your organisation that act as "champions"; so other people can see what they do, how they act and in this way identify themselves with the desired (new) culture.
Interview Links
Links that are mentioned in this episode:
Email:thomas@gpmip.com
Telephone: +49 172 255 9788
Build Your Cultural Competence
In the Culture Matters podcast, we interview real people with real stories.
Every other week there is a guest with broad international experience and lots of cultural insights. I interview real people with real stories.
To subscribe directly using iTunes or Stitcher, Click here, or here (or click any of the images below).
How To Get In Touch With Culture Matters
I'd love for you to get in touch. There are a couple of ways you can do this:
Via this website: Just use the “Ask Your Question” tab on the right of the screen and leave a voicemail
Email me at chris.smit@culturematters.com
Send me a Tweet: @chrissmit
Finally
Thank you so much for taking the time to read this far, and to listen to my Podcast.
I hope you will be back for the next episode of the Culture Matters Podcast!
Released:
Oct 26, 2015
Format:
Podcast episode
Titles in the series (100)
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