‘Merger and acquisition deals’ (M&A deals) – these often imply potential opportunities and profits for business leaders, yet may invoke resistance and anxiety among employees, and create headaches for managers. Indeed, it is hard to argue that M&A deals, similar to other business deals, have certain business goals, be it access to a new market […]
Follow-up on biculturals: Why are people with multiple cultural backgrounds beneficial for organizations?
What is the practical contribution of bi- or multicultural employees to global organizations? A recent article by Fitzsimmons et al. (2011) describes how multicultural individuals contribute to five key activities in global business — international teams, intercultural negotiations, international assignments, mergers and acquisitions, global leadership and ethics.