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Post-conference masterclass
WORKSHOP – 26 October 2005
9am – 5pm
(includes refreshment breaks and lunch)
Successful mergers, acquisitions and strategic alliances:
How to bridge corporate cultures
Workshop facilitated by:
Charles Gancel
President of the Board and Managing Partner,
ICM Associates
Co-Author of Successful Mergers, Acquisitions and Strategic Alliances
Joint ventures in China’s funds industry have increased dramatically over the last several years. Previously closed industry sectors to foreign investment are gradually opening up, removing previously imposed restrictions and permitting greater access to China’s domestic fund market. According to Yahoo finance, at the end of 2004, foreign joint ventures in China’s fund industry had an estimate of 18.6% market share, up from 8.6% in 2003.
However, according to an AT Kearney study of 230 merged companies, the management of corporate differences is the main reason for failure in a post-merger relationship. This intimate workshop will examine successful strategies for both domestic and international companies looking to attain the synergies and financial gains of a successful joint venture. The workshop leader will provide a unique model to examine, understand and act on cultural differences.
Issues will include:
- Identifying the key issues when entering into a new partnership
- Understanding, analysing and acting on cultural differences
- Introducing a unique and pragmatic diagnostic model: Culture Bridging Fundamentals
- Setting out a strategy for change / integration process
- Pinpointing the different operational issues that exist within organizations of
different corporate cultures
About the workshop leader:
Charles Gancel, is co-founder of ICM and has been a Managing Partner of the company since its creation in 1983. Charles helps international companies bridge corporate cultures in post-merger / acquisition situtations. He has facilitated major culture change processes, including using client and employee surveys and communications to generate better understanding and acceptance of change. Charles also conducts cultural audits with ICM's Culture Bridging Fundamentals© diagnostic tool.
About the company:
Since 1983, ICM Associates has helped multinational companies and their managers work effectively across borders and bridge cultural gaps, whether national, corporate and/or professional. ICM has helped teams at all levels agree upon work practices and a shared code of conduct, in addition to working on a common project that is clearly defined and communicated.
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