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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