|Date:||August 25, 2013|
|Length:||7 / 1980|
|No of views:||0|
|Essay rating:||good 0, average 0, bad 0 (total score: 0)|
According to Business journal ’The successful merging of cultures is difficult, traumatic, and crucial. Individuals and companies with different histories, values, expectations, and beliefs are asked to adopt a unified perspective and to serve as a cohesive unit. This is made more difficult by the fact that in almost any merger situation there are perceptions of “winners” and “losers” as well as fear and uncertainty regarding the future...
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This is made more difficult by the fact that in almost any merger situation there are perceptions of “winners” and “losers” as well as fear and uncertainty regarding the future.
The stakes involved are great. Quite simply, mergers often fail, and culture clashes are a key reason for that failure...
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