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PRESENTED BY VARUN KALSE PRESENTED TO PROF. FAROOQUE KHAN SIR TERMINOLOGIES Communication Cross Cultural Communication Cultural Antrhopology Cultural Competence HISTORY & ORIGIN Post World War II Organisations turning global Country and Culture specific trainings The NEED Global Presence and Reach • Tapping Newer Markets • Increasing Presence • Adding to revenues and profits • M&As • Domestic/ Local market entry • Diversification • Increasing market share The PRE-REQUISITES Understanding Business Model Better Governance Of The Deal Itself Carrying Out Due Diligence And Pricing Targets More Realistically Increased Focus On Integration Understanding The Leadership Styles Understanding Cultural Mixes The COMMUNICATION PROCESS Communicate organisational values so everyone understands them in the same way. Encourage multicultural teams work together Improve the emotional intelligence of staff. The HR ROLE Key Role In M&A activities Proper valuation of human capital Study of business model in terms of human capital and leadership styles. Setting clear communication channels and norms. Convincing senior management to improve communication standards Sessions on local languages and cultural aspects CROSS CULTURAL DYNAMICS The COMMUNICATION SUCCESS Understand Define Interpret Use Have fun! CROSS CULTURAL DYNAMICS The OUTCOME Multicultural Teams Can Be The Most Effective Of All Play Of Patience And Time But After All What Matters Is Organisation Growth….. And Profits!!! CROSS CULTURAL DYNAMICS THANK YOU…… CROSS CULTURAL DYNAMICS