The importance and the influence of the corporate culture in a merger and acquisition context Authors: Tutor: Program: Hanane Makhlouk Olena Shevchuk Dr. Mikael Lundgren Master´s Programme in Leadership and Management in International Context Subject: Change Management Level and semester: Graduate‚ May 2008 Baltic Business School Acknowledgement First of all‚ we would like to express our gratitude to all the teachers involved in the Master Programme for their contribution
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Report on Discussion Task 5 National Cultures and Corporate Cultures Culture is an essential aspect in the operation and management of business. Presently corporate cultures are chosen from a diversity of national cultures. In that process the organisational structure is influenced in the first place by the general relationship between employees and their organisation. In the second place the hierarchical system of authority defines superiors and subordinates‚ complemented by the general view
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fluences of Confucianism on Korean Corporate Culture Tan Soo Kee Introduction Korean corporate culture is one of the most dynamic and distinct corporate cultures in the world. With its high quality of labor and positive organizational behavior‚ it has contributed to the rapid development of the Korean economy. Big Korean conglomerates such as Samsung‚ Hyundai and LG have emerged as well-known brands in the global consumer market within a short period. Besides the strong leadership of
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Introduction The corporate community has blazed a trail of leadership in the business world. The pervasive influence of the corporate principles has resulted in the emergence of a corporate culture. This culture defines the businesses contained within it. Even though each business unit expresses its own personality on the economic environment‚ the corporate culture always describes the general financial climate. Nevertheless‚ the businesses within a given industry have a say as to how the industry
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Nestlé Corporate and organisational culture Link to case study Overview: a case study of Nestlé’s strategy of sustainable development and the way this has been communicated. Lesson objectives: ➢ to identify the stakeholders of Nestlé ➢ to identify the values and culture of Nestlé ➢ to appreciate the importance of culture in determining a firm’s success. Introduction (3 minutes) Introduce the lesson: you will look at Nestlé and examine the stakeholders of Nestlé
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Walmart is the largest retailer in the world. With thousands of stores and employees in nearly every country‚ Wal-Mart is the corporate giant. Until recent years Wal-Mart has been know for several things. Wal-Mart has provided consumers with a friendly place to shop and get low prices and convenience. The culture of Wal-Mart was so strong that its employees became known as Walmartians. Although you could find a Wal-Mart nearly everywhere you went‚ each store was just as friendly as the last and
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action plan to improve its corporate culture‚ the following must be considered prior to releasing its corporate plan: timing; employee buy-in; management commitment; resources. Timing is critical in corporate wide initiative implementation if Staples‚ Inc. intends to succeed. Improving its culture will not occur instantly and detailed planning must occur for Staples‚ Inc. to successfully carry out a cultural change. Understanding how changing Staples‚ Inc.’s culture will be a long and tedious
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IBM’s Corporate Culture Table of Contents Abstract 1 Roots 1 Company 1 Culture 2 Culture 3 Impact 3 Managed 4 Results 4 Troubles 4 Wake Up Call 5 Refocus and Restore 6 Company 6 Customer 6 Stakeholder 7 Employee 7 Atmosphere 8 Results 8 Summary 9 References 10 Abstract This is an analysis of the culture at IBM and the impact that it has had on their success. Corporate culture is significant in that it “influences the behavior of everyone within an organization and‚ if carefully crafted‚
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At its most basic‚ corporate culture is the personality of an organization or simply how things are done around there. However‚ in a broader sense it refers to ’the moral‚ social and behavioral norms of an organization based on the beliefs‚ attitudes and priorities of its members.’ It determines how employees think‚ act and feel. Every organization has a different concept about the kind of culture that it should have‚ therefore cultures across organizations may differ despite of having certain common
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Corporate Culture at Apple Apple has a very secretive corporate culture. Often employees will choose not to speak out about apple until they are no longer employed there. Apple goes to greater lengths than any other company in the valley to protect its creative and intellectual environment. Apple’s security policy extends to blogs‚ speaking engagements‚ and even what people talk about with spouses. Most employees get the policies and respect them as well. The New York times reported that
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