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"Managing Cultural Differences" examines the cultural and organizational complexities which arise during mergers and acquisitions, joint ventures and alliances. More than 50 per cent of all corporate alliances fail, and those concluded across cultural divides are even less likely to succeed. These failures can be due to the executives concentrating on the financial strategic aspects of the deal at the expense of cultural, organizational and execution aspects. As a result of a 5-year research, Piero Morosini found that national cultural differences are not necessarily detrimental to...

This book presents new evidence on what really drives the competitive performance of organizations in todays multicultural milieu. This new evidence suggests that only when an organization develops a strong "Common Glue" that blends its male and female characteristics harmoniously at the leadership levels, does it become capable of transcending cultural, geographic and functional boundaries and of achieving sustainable and superior competitive performance. Grounded in hard data and empirical evidence established through a 5-year research project spanning scores of organizations and company...