An example of strategic mergers in the nonprofit sector. Your managing international mergers and acquisitions trainer. The concept of hybridity was prominently discussed regarding cultural influence and mixture in the. Cultural differences between organizations or teams can impede performance even when market offerings or supply chains are closely aligned. In addition to negotiating price and other financial terms, organizations discussing a merger need to negotiate culture. Understandably, all parties are laserfocused on financial and operational matters. The merger control procedures of most countries provide in some fashion for notification of mergers to the national competition authority. The concept of cultural hybridity has gained prominence within a broad range of cultural and social theories since the 1980s, most notably within postcolonial studies, cultural studies, and. This article is part of a forthcoming book published by edward elgar publishing, competition policy and merger analysis in deregulated and newly competitive industries peter carstensen, univ. Such a structured approach can remove a lot of the mystery surrounding culture and it can help the.
This series on american popular culture abroad appropriates hybridity to describe the global reception of u. The largest deal involving a finnish company was the merger between nokia networks and siemens networks, which resulted in a combined turnover of eur 16 billion talouselama, january 12, 2007. A design approach to hybridity wolfgang grassl professor of business administration, st. In cultural hybridization, one constructs a new identity that reflects a dual sense of being, which resides both within and beyond the margins of nationality, race, ethnicity, class, and linguistic diversity. While the actual steps and processes in themselves are not uniquely different or any more complex than any other business reorganisation, the. For, as homi bhabha, the leading contemporary theoretician of hybridity, argues, hybridity is never simply the question of the admixture. Study 30 cultural hybridity flashcards from breanna r. The effects of hybidization and glocalization on cultural identity the authors read this week explore notions of cultural identity in regards to hybridization and the efforts of maintaining individual local cultural identity in light of globalization. Franklin allen the wharton school, university of pennsylvania, philadelphia, pennsylvania 19104 and douglas gale economics department, new york university, new york, new york 3 received april 6, 1998 the objective of this paper is to compare the effectiveness of. Creole languages, a new language developed from simplifying and blending different languages that come into contact within particular population, at a specific point in time. Then it revisits the trope of hybridity in the context of a series of articles on cultural globalization published in the washington post in 1998. In the end, cultural integration is about both sides adapting and celebrating the new culture that is born from the merger.
White paper merging corporate cultures ots management. While flexible electronics have been around for years, either as flexible pcbs or genuinely printed electronics, there has always been a. Hybrid renaissance presents the renaissance in italy, elsewhere in europe and in the world beyond europe as an example of cultural hybridization. The concept of cultural hybridity has gained prominence within a broad range of cultural and social theories since the 1980s, most notably within postcolonial studies, cultural. The notion of crossculturality is central to hybridity theory. That is one of the reasons why analysts often ask hardnosed questions following a merger announcement. Integrating organization cultures in mergers, acquisitions, and joint ventures crossborder mergers, acquisitions, and joint ventures often succeed or fail based on culture. The significance of discussing all of the vital contributions on hybridity, orientalism and female voices delivered by different academics to the field of postcolonial theory relates to the purpose of this thesis in which the level of hybridity in ahdaf soueifs fictional novels is analyzed.
New idtechex report on innovation trends, opportunities and challenges. Many surveys mention insufficient attention to the people and cultural aspects of the integration as one of the main causes of failure. For me,the most productive theories of hybridity are those that effectively balance the task of inscribing a functionalinstrumental version of the relation between culture and society with that of enabling the more utopiancollective image of society. The most insightful cultural observers often are outsiders, because cultural givens are not implicit to them. Cultural factors in international mergers and acquisitions mehdi majidi volume 6, number 7. A merger is an opportunity to bring about positive. Hybridity, or the cultural logic of globalization oapen. First things first, high culture refers to a set of. Hybridity definition of hybridity by the free dictionary. Search for liminality hybridity and american women s literature books in the search form now, download or read books for free, just by creating an account to enter our library. Cultural integration and hybridization at the united statesmexico. Drawing on original research from lebanon to mexico and analyzing the use of the term in cultural and postcolonial studies as well as the popular and business media, marwan kraidy offers readers a history of the idea and a set of prescriptions for its future use.
Sevastimelissa nolas, research officer, complexity research group, social psychology department, london school of economics, london, uk. An honors thesis presented to the department of finance and economics of the university of new orleans in partial fulfillment of the requirements for the degree of bachelor of science, with university honors and honors in finance by chaoyun liu december 2012. According to one study cited, eightythree percent of mergers and. Integrating cultures after a merger bain brief bain.
Liminality hybridity and american women s literature. Detailed below is the profile of a member of our culture training team. Cultural factors in international mergers and acquisitions. You can find it in everything from cultural studies to literature, gender studies, postcolonialism and beyond.
Such theory, however, should not be confused with the idea of a cultural meltingpot wherein occurs the ultimate eradication of difference. Hybridity is not a new cultural or historical phenomenon. Chapter 9 competition policy and merger analysis in. It argues that bhabhas concept of hybridisation is predicated upon the everchanging location of. Introduction corporate mergers are an important driver of corporate and economic growth. This meaning is consistent with the antitrust agencies typical interpretation of the horizontal merger guidelines. A hybrid is something that is mixed, and hybridity is simply mixture. Propelled by the efficiency or appeal of wireless communications, electronic commerce, popular. Cultural globalization, a phenomenon by which the experience of everyday life, as influenced by the diffusion of commodities and ideas, reflects a standardization of cultural expressions around the world. Erna brodbers myal, velma pollards homestretch, and caryl phillipss cambridge.
The point is not to tie the ideas up nicely, the way one might for an encyclopedia entry, for example. Between the poles of identity and hybridity lies the multiple positions that depends on how agency and. The effects of hybidization and glocalization on cultural. The social, cultural and political factors that influence. Hybridity, legitimacy and identity in the writings of daniel defoe. The compatibility of national culture in international mergers and acquisitions.
The field research in each case was carried out by different partners in the core project. With a clear plan, the emergent culture can be both different and better than both its antecedents. Integrating company cultures after a merger or acquisition. Things to consider when doing cross border mergers.
However, hybridity can never be a question of simply shaking hands, of happy, harmonious, merger and fusion ang 2003, p. By using our website and our services, you agree to our use of cooki. Even though hybridity is no new or uncommon phenomenon, hybrid organizations still are poorly understood and often contested. The dynamics of relations between different actors when building peace. Lucia garcialorenzo, sevastimelissa nolas postmerger. Kraidy hybridity has become a master trope across many spheres of cultural research, theory, and criticism, and one of the most widely used and criticized concepts in postcolonial theory. Cultural hybridity 285 2 psm as a neglected universal phenomenon the study of words may be tedious to the schoolboy, as breaking of stones is to the wayside labourer, but to the thoughtful eye of the geologist these stones are full of interest he sees miracles on the high road, and reads chronicles in every ditch. A hybrid organizational structure is an approach to designing the internal operating structure of a company or other entity in a manner that makes use of several different organizational patterns, rather than relying on one particular model. Through cross border mergers and acquisitions, businesses have been able to easily spread their. Post merger concerns cultural integration in a multinational corporation lucia garcialorenzo, lecturer in organisational psychology, social psychology department, london school of economics, london, uk. In many high innovation markets competition will tend to be more for the market than in the market.
Overlooking or underestimating the effect of cultural differences. Managing cultural differences in international business. In this sense, the production of cultural hybridity is overdetermined. If crossselling product lines is a key to the merger s success, for example, integrating the salesforce culture will be essential. By tony sandset hybrid identity seems to be the new, hot topic in the academic world. Hybrid talk, the rhetoric of hybridity, is fundamentally associated with the emergence of postcolonial discourse and its critiques of cultural imperialism. Diversity of opinion and financing of new technologies. Cultural hybridity global studies 101 with zaidi at wilfrid. Chapter two the politics of identity difference and cultural. An interdisciplinary reflection on science, nature, art, human action and society, vol 9. Nonetheless, a large fraction of mergers fail to produce value for the shareholders of the acquiring firms. Pdf the evolution of rapid prototyping technology has provided extraordinary.
It is a 70year old settlement house in a working class hispanic neighborhood. Cultural hybridity constitutes the effort to maintain a sense of balance among practices, values, and customs of two or more different cultures. The role of hybridity and culture berghof foundation. Market definition and assigning market shares are particularly challenging tasks in rapidly changing sectors. What i propose to do here is define these complex terms, mimicry and hybridity, in plain english, using references from specific cultural contexts, as well as the literature itself. It is the second stage in the history of hybridity, characterized by literature and theory that study the effects of mixture hybridity upon identity and culture. Being one of the most widely employed and disputed terms in postcolonial theory ashcroft, griffiths, and tiffin, key concepts 118, hybridity has grown into the main material through many ranges of history, cultural studies, literature, anthropology, and criticism. The influence of national and company culture on crossborder. Depending on the nature and type of the organization, this approach may combine various elements of lateral and. It has been a feature of all civilizations since time immemorial, from the sumerians through the egyptians, greeks and romans to the present. Overcoming the opposition between identity and otherness. The focus of this paper is the examination of three works of contemporary fiction by three west indian authors.
Each author presents a different scenario that discusses the effects of cultural hybridity and. Thanks to globalization, now it is possible for businesses in different countries to come together as a single entity with the sole aim of pushing their business agenda in the global market. May 29, 2008 the antitrust laws have assumed an enhanced role in a postregulatory environment, particularly in the area of mergers. Without such a considered approach, there is a real danger of introspection and post merger stagnation. Pdf transition concepts such as hybridity, alterity, diaspora, creolization. The social, cultural and political factors that influence the level of mergers and acquisitions radu ciobanu1. It is a transgressive concept that blurs and traverses the boundaries by which identities are bounded. He also thinks that efforts need to be made to incorporate and merge the n. Rethinking bi cultural politics in aotearoanew zealand paper presented to te oru rangahau maori research and development conference 79 july 1998 massey university paul meredith ngati kaputuhipakeha university of waikato introduction this brief paper joins a growing call for a reconceptualisation of bicultural.
The role of organizational culture in mergers and acquisitions published on september 28, 2015 september 28, 2015 69 likes 2 comments. Integrating organization cultures in mergers, acquisitions. Change werbner, pnina, modood, tariq, bhabha, homi k. Cultural issues in mergers and acquisitions leading through transition. More than 1 million books in pdf, epub, mobi, tuebl and audiobook formats. The study of ethnicity, minority groups, and identity. A discussion of cultural alterity, identity, diffusion and race leads to. A merger is an opportunity to bring about positive cultural change. This report contains the analysis of much of the research carried out during 20112012 in the case studies for the core project. An alternative to acculturation article pdf available in journal of international and intercultural communication september 2016 with.
And is one somehow, somewhat better than the other. Hybridity is becoming increasingly fashionable, most notably in the field of postcolonial literary studies, which focus, mainly through the analysis of texts, on the suppression and resistance of social as well as cultural minorities amid the present global condition. Hybridity, or the cultural logic of globalization marwan. This paper considers homi bhabhas notion of hybridity and a cultural third space in his seminal 1994 work the location of culture. Article information, pdf download for globalisation as hybridisation, open epub. Ultra pdf editor, by compuclever, provides you an easy way to view and annotate pdf files on all windows devices. Learn vocabulary, terms, and more with flashcards, games, and other study tools.
Your focus and your objectives naturally depend on where the deals greatest value lies. Terminological confusion about social entrepreneurship derives largely from the fact that social enterprises are structurally hybrids in several dimensions. The intermingling of people and media from different cultures is a communicationbased phenomenon known as hybridity. This is a time of coming together and taking the best that both organizations have to offer. Building a collaborative, thriving work culture doesnt just happen. A read is counted each time someone views a publication summary such as the title, abstract, and list of authors, clicks on a figure, or views or downloads the fulltext. We use the term merger specificity to connote results that can only be achieved through merger, and not unilaterally or through other types of affiliations or actions. One of the largest cultural clashes identified within the hpcompaq merger was speed. Hybridity is a cross between two separate races, plants or cultures.
Apr 03, 2015 cross border mergers and acquisitions are becoming a consistent trend in business and economic cycles. The melding of cultures during and after a merger article regardless of industry, all mergers are complex initiatives and the banking sector is no exception. Tiaacref institute between collaboration and merger. Its usage has flourished and spread across a multitude of disciplines. Culture assessments for mergers and acquisitions talent. The role of organizational culture in mergers and acquisitions. The melding of cultures during and after a merger article. Business leaders put people, culture, change management and communication as the top reasons for integration failure, yet few companies completely understand how to tackle those issues headon.
This paper provides a theoretical framework, based on research in the fields of public administration and political sciences, on how to. Expanding alliance strategies in higher education dr. In some of the research, theres been a lot of discussion on how the culture piece has been really central to why they fail, she says. Search for hybridity or the cultural logic of globalization books in the search form now, download or read books for free, just by creating an account to enter our library. Your managing international mergers and acquisitions course trainer will be assigned to you following the results of your diagnostic consultancy according to your objectives and areas of focus. Definition of cultural hybridization noun the process by which a cultural element blends into another culture by modifying the element to fit cultural norms.
Pdf take just about any exercise in social mapping and it is the hybrids, those that straddle categories, that are missing. Identity and hybridity chinese culture and aesthetics in. Globalisation as hybridisation jan nederveen pieterse. The challenges of merging corporate cultures probably the most challenging change management initiative is the proper management of a successful merger between two organisations. Jun 26, 2011 post merger integration research over the past decades has shown that a great deal of mergers and acquisitions did not yield the desired value. Do they even have meanings or are people just using cool terms to sound smart. In some cases it can even use the merger to import the acquirees culture into its own organization. Multicultural identities and the politics of antiracism new edition critique. It is impossible to give a clear definition of either of the two key concepts used in this book, hybridization and renaissance. Pdf crossing borders of hybridity beyond marginality and identity. What factors create and sustain an organizations culture.