How can companies effectively manage cultural integration during acquisitions?
Effective cultural integration involves understanding both companies' cultures, aligning values, and fostering open communication.
What are some common challenges faced during this process?
Common challenges include resistance to change, misalignment of values, and communication barriers between teams.
Can you suggest strategies to overcome these challenges?
Sure! Strategies include conducting cultural assessments, engaging employees in the integration process, and providing training.
How important is leadership in this integration?
Leadership is crucial; leaders must model desired behaviors, communicate effectively, and support employees throughout the transition.
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