1. Cultural Due Diligence
Brodie Woodland
Better Boards 30 July 2016

2. What is ‘cultural due diligence’?
Doing your homework
Cultural due diligence
assessing the cultural implications or risks of a transaction

3. Merger
Collaboration
Partnership
Alliance
Acquisition
Shared services
Public-private
Joint venture
Coalition

4. Cultural due diligence – key questions
What’s needed?
Where are you now?
Is it viable?

5. Dimensions of culture

6. Stakeholder Interviews
EXPLORATION
NEGOTIATION
IMPLEMENTATION
# P a r t n e r s
Understand Own
Culture
Site Visits
Staff Survey
R e s o u r c e s
Joint Working
Stakeholder Survey
Public Data
Staff Interviews
Joint Planning
HR Data
Informal Discussions
Assessment Tools
Stakeholder Interviews
Individual Activity
Joint Activity

7. Some examples…

8. EXPLORATION NEGOTIATION IMPLEMENTATION Informal Discussions
1 P a r t n e r
R e s o u r c e s
Informal Discussions
Joint Working
Individual Activity
Joint Activity

9. EXPLORATION NEGOTIATION IMPLEMENTATION Understand Own Culture
2 P a r t n e r s
Understand Own Culture
R e s o u r c e s
Public Data
Joint Planning
Informal Discussions
Stakeholder Interviews
Individual Activity
Joint Activity

10. Several POTENTIAL PARTNERS
EXPLORATION
NEGOTIATION
IMPLEMENTATION
Several POTENTIAL PARTNERS
Understand Own
Culture
1 partner selected
R e s o u r c e s
Site Visits
Public Data
Stakeholder Interviews
Informal Discussions
HR Data
Assessment Tools
Joint Planning
Individual Activity
Joint Activity

11. Board involvement
Oversight
Direct engagement

12. What’s stopping you? Barriers Limitations Resources Timing Trust
Desktop activity
Executive filter
Self awareness
Data not decisions
Subjectivity

13. Errors using inadequate data those using no data at all.
are much less than
those using no data at all.
Charles Babbage, 1832

14. Questions?

15. What’s needed? Where are you now? Is it viable? Summary
Define your vision
Assess how attainable that will be
Have a plan
What’s needed?
Where are you now?
Is it viable?