Making sense of cultural factors in international alliances
Although most companies forming an international alliance perform rigorous analyses of strategic, financial, and legal concerns, many new ventures fail. Cultural incompatibilities are usually the culprit. By looking at such issues as time horizons, reward systems, decision making mechanisms, correct...
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| Veröffentlicht in: | Organizational dynamics 1995-03, Vol.23 (4), p.33-48 |
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| container_end_page | 48 |
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| container_issue | 4 |
| container_start_page | 33 |
| container_title | Organizational dynamics |
| container_volume | 23 |
| creator | Fedor, Kenneth J. Werther, William B. |
| description | Although most companies forming an international alliance perform rigorous analyses of strategic, financial, and legal concerns, many new ventures fail. Cultural incompatibilities are usually the culprit. By looking at such issues as time horizons, reward systems, decision making mechanisms, corrective actions, stated goals and objectives, and hierarchical structures, executives can gain tangible evaluation of how smoothly the 2 cultures will mesh. Managers assigned to operate the alliance should not come from subcultures within the parent companies that are culturally distinct from the subcultures of the staff divisions that negotiated the alliances. |
| doi_str_mv | 10.1016/0090-2616(95)90015-2 |
| format | Article |
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| fulltext | fulltext |
| identifier | ISSN: 0090-2616 |
| ispartof | Organizational dynamics, 1995-03, Vol.23 (4), p.33-48 |
| issn | 0090-2616 1873-3530 |
| language | eng |
| recordid | cdi_proquest_journals_210585655 |
| source | Elsevier ScienceDirect Journals; Business Source Complete; Applied Social Sciences Index & Abstracts (ASSIA) |
| subjects | Acquisitions & mergers Alliances Corporate culture Failure International aspects International business enterprises Joint ventures Marketing Multiculturalism & pluralism Pet food Pharmaceuticals Planning Policy making Problem solving Strategic alliances (Business) Success |
| title | Making sense of cultural factors in international alliances |
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