Maximizing organizational productivity
In today's business world, margins are tighter and increased efficiency is required in order to remain competetive. If an organization understands its culture, it can leverage this knowledge to improve the bottom line. Understanding culture is the first step to increasing employee satisfaction and identifying problem areas that decrease productivity. In addition to understanding your existing culture, the HCG Cultural Assessment process also defines your ideal culture. Once you have identified where your actual culture and ideal culture differ, we can help you take steps to achieve your ideal culture.
Mergers and acquisitions: The fit of two cultures
Companies are merging with and acquiring each other in unprecedented and growing numbers today. While it's a sad fact that one out of two marriages end in divorce today, corporate couplings fare even worse. Of the 340 mergers Mercer Consulting analyzed over the past decade, 57% of acquiring companies produced poor returns in the three years after the deal, compared with others in their industry.
Those companies which fail to win the support of customers and employees immediately after the merger are those that fare the worst. Understanding the two organizations' cultures is critical to being able to successfully weave them and their employees together quickly, so that productivity and customer service are uninterrupted. Many companies include cultural assessment as part of their due diligence process, to discern before they get to the altar if the cultural differences could be managed after a merger.
