Cultural Analysis of the Merger of Arcelor and Mittal Steel with the Help of Hofstede's Cultural Dimensions

Seminar paper from the year 2017 in the subject Leadership and Human Resources - Miscellaneous grade: 17 Northumbria University language: English abstract: This analysis focuses on the cultural aspects which could have influenced the merger and the post-merger-integration of Arcelor and Mittal Steel in either a positive or anegative way. Thus the purpose of this work is to analyse the cultural factors which possibly played a role at forming the new corporate culture of ArcelorMittal. In 2006 the world's two biggest steel companies Arcelor and Mittal Steel bundled their forces through a merger and ended in the creation of the world's leading steelmaking and mining company ArcelorMittal. The company truly is a global player with steelmaking operations in 19 countries over 4 continents and a sales distribution to 160 countries ArcelorMittal is represented all over the world. The company attributes its success to its core values of sustainability quality and leadership. ArcelorMittal supplies high-quality finished and semi-finished steel. The main industries which are supplied by ArcelorMittal are the automotive appliance engineering construction and machinery industries.This thesis paper aims to answer the following questions: Considering the once-sharp increase of the company performance how could the post-merger-integration be executed so smooth and quickly? How come that the two companies could communicate and bundle their forces apparently trouble-free? Did the different national and corporate cultures complement or hinder the forming of a new organizational culture? With the assistance of the Hofstede cultural dimensions the ArcelorMittal's Merger will be analysed here.