Located in southwest China, Bosai Minerals Group Co., Ltd. (Bosai) has been engaged mainly in the bauxite and manganese business since 1997, and by 2010, it had successfully completed acquisitions of three large overseas mining companies. By incorporating the traditionally mild and inclusive neo-Confucianism into its management philosophy, Bosai’s overseas branches had successfully integrated themselves into local communities and cultures. In March 2016, shortly before the acquisition of Guyana Manganese Inc., the board of directors was debating how to deal with employees of the acquired company. Newer directors proposed laying off inefficient local employees and granting incentives through an improved performance appraisal mechanism. This proposal was fiercely opposed by directors who had been on the board longer. Bosai’s chair and managing director had to decide how to proceed, ensuring a smooth transition and sustainable development of the subsidiary.
博赛矿业:新儒学指导下的走出去之旅 Bosai Minerals:A Journey of “Going Global” Guided by Neo-Confucianism (Simplified Chinese version)
Xiaohui Li, Qian Jing, Yifan Xu, Yi Qu, Zeng Wang
Product #:W33781
Supplier:Tsinghua/Ivey
Discipline:International Business, Organizational Behaviour/Leadership
Setting:Guyana, 2016
Subjects:
Industries:
Geography:
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Learning Objectives
- 了解收购给博赛带来的机遇和挑战。
- 评估博赛的并购方案。
- 评估中非文化差异以及收购后的企业文化整合问题。
- 了解一家中国公司如何通过应用新儒家管理哲学进入国外市场。
This case can be used in upper undergraduate-, graduate-, and executive-level courses. The disciplines or areas to which this case is most suited for detailed study or major analysis are cross-cultural management, international business, and international human resource management. After working through the case and assignment questions students will be able to do the following:
- Understand the opportunities and challenges for Bosai brought by acquisitions.
- Evaluate the merger and acquisition scenarios for Bosai.
- Evaluate the cultural differences between China and Africa as well as the issue of corporate cultural integration following an acquisition.
- Understand how a Chinese firm entered a foreign market by applying a neo-Confucian management philosophy.