A culture shock awaits Mindtree employees under L&T
Mindtree has an informal work culture: many of its employees call members of the founding team by their first names
In contrast, Larsen and Toubro's (L&T) work culture is based on command-and-control and top-down management
New Delhi: As engineering conglomerate Larsen and Toubro Ltd (L&T) courses on with its hostile takeover bid for Mindtree Ltd, the first and biggest fear expressed by many analysts and industry executives isn’t about fact sheets—it’s about the fitment between two culturally diverse companies. The success of any merger or acquisition (M&A deal) depends on a diverse range of synergies. And cultural fitment is especially true of people-led businesses such as IT outsourcing.