It’s Never Been More Important for Big Companies to Listen to Local Communities

Harvard Business

From our own experiences in researching numerous companies and managing corporate social investments in several countries, we argue it is time companies recognize the importance of managing the social risks of big capital projects as effectively as they manage their operational risks. ” Building and sustaining local stakeholder support for a major investment is the new frontier of successful management and risk assessment. Alice Potter/Getty Images.

Before a Merger, Consider Company Cultures Along with Financials

Harvard Business Review

Management is usually shocked to find the degree of differences that exist between their two, soon to be merged, organizations — and too few actively consider these integration challenges before the deal. Understanding the cultural dynamics of the acquired organization, including how they operate, the manner in which they develop their talent, how are they motivated to succeed, and their executive management decision making style.