Theory, Methodology, Practice (Feb 2002)

Environmental and Organizational Factors of Mergers and Acquisitions - Acculturation as a Cultural Change Process

  • Balázs Heidrich

Journal volume & issue
Vol. 1, no. 01

Abstract

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First a cultural change model was demonstrated, which tried to focus on both internal and external factors, which could have influence on cultural changes in organizations. There was no intention at all to provide formula for cultural change rather to introduce the elements, which can play important role in the change process. Further on the notion of mergers and acquisitions were introduced and a distinction was made. Different dimensions of the acculturation process were shown which are believed to be crucial to the success of any M&A process. A strategic approach was put forward to emphasize the different organizational cultural perspectives, which are key factors to achieve cultural synergy between the two (or more) organizational cultures.

Keywords