Alliance News


It looks good on paper

Many organizations are completing a financial and legal due diligence on their alliance opportunities, but failing to look at either corporate or country cultural issues. As a result, there is an 83% failure rate when two or more companies try to work together.

 

The Value of a Cultural Assessment

Mergers, acquisitions, joint ventures and alliances are taking place at a staggering rate, yet the success rate of such ventures is dismal. Why? Most organizations are merely using financial and legal due diligence as the determining factors when deciding to pursue a corporate relationship.

 

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Last Updated: January 5, 2005