Change management risks in a multiple location transactions

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  • #133779

    What are the most significant risks from the change management topic in a transaction that involves multiple location (e.g.: several countries) and suggestions to proper address those risks?

    #133957
    Rodney
    Participant

    Great topic. There are many significant risks in Change Management for Multi-Country Transactions:
    The main one for me is Cultural Differences

    Risk: Diverse cultural norms, communication styles, and workplace practices can lead to misunderstandings, resistance to change, and integration challenges.
    Suggestions:
    Conduct cultural assessments to identify differences and potential clashes.
    Involve local leaders to adapt global strategies to regional contexts.
    Offer cross-cultural training to foster mutual understanding.

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