Monday, November 8, 2010

Cross Cultural Concerns in Today's Cross Border Transactions

Dear friends,

So much of the discussions at the Paris meeting of the Section of International Law and Practice of the ABA last week was about the buying into a foreign country's economy through a merger, acquisition, joint venture, working alliance or other form of structuring such a working arrangement. Much of the talk is about the chioce of law and how critical that choice is, or about the financing for the deal, or about the details in a long document that will clearly describe the working relationship that will exiswt among the parties to the cross border transaction.

The key words for me are "cross border" as immediataely I am made aware of the fact that two or more nations will be trying to work together to create a working opportunity that has the potential to offer a secure stream of income/profit for all parties as well as future work opportunities that can flow from the present one being created. The light in the midst of all of this talk and opportunity then is the application of the Best Practices for Managing Cross Cultural Concerns in Global Contracting. It is absolutelya fundamental to apply these Best Practices to better assure the present and ongoing success of the global contracting work.
Will you please write to me to share why this is so? I look forward to hearing from you.

Warm regards,

Jane

Jane E. Smith
LiSimba Consulting Services, Inc.
Building Relationships for International Business Success
www.lisimba.com
jsmith@lisimba.com

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