OUR MISSION
We assist clients to create competitive advantage in global and diverse environments, through culturally intelligent approaches to international business and organisational development.
Demonstrated benefits of applied cultural intelligence (CQ) include:
- Increased ability to identify and manage risks and opportunities associated with importing and exporting, offshore outsourcing, overseas operations, cross-border M&A and joint ventures
- Reduced costs associated with poor performance in intercultural situations (both domestically and internationally), such as premature return from expat assignments
- Improved cross-border leadership effectiveness
- Unlocking the potential of diversity to improve organisational performance
Why should you care?
- 70% of international ventures fail due to cultural differences. (Economist Intelligence Unit)
- A 2014 McKinsey study showed companies in the top quartile of gender diversity in Top Management Team (TMT) and Board, were 15 percent more likely to have financial returns that were above their national industry median, while companies in the top quartile of ethnic diversity for TMT and Board, were 30 percent more likely to have financial returns above their national industry median. The predicted increase in EBIT margin for an increase of 10% in gender and ethnic diversity in Executive Team and Board, ranged from 0.7 to 3.5%.
- Superficial attempts at creating diverse teams without considering members’ capability to function with diversity, can instead create toxic dysfunction and underperformance compared with homogenous teams.