Intercultural management : different dimensions but why?
Hofstede’s 7 dimensions
1 company, should have many things in common, all the countries are different
Quantitative
Unboarding process – HRM – the introduction period of your job is critical – staff
turnover
Ethics
The science of morality – the science of your motivation
Corporate social responsibility: committed to pursue a goal (child labour)
Social obligation:
Social responsiveness: adapt to changes in the society
Culture : child labour
Law and regulations : not allowed to work under 12, if that law isn’t there …
Individual values : like Sunday’s, don’t do anything, shops closed
Globalization :
Ethical concerns
Holland: drugs policy, traffic,
South Africa: hunting industry,
Qatar: city build on slaves
Bali: pollution, sex industry
Thailand:
Budget: predicted quantitative outlook for the period ahead.
Is how much money you expect to have.
- It is prepared for share holders, owners and managers so that they can invest
What are the key ingredients?
- Historical data
- B.O.B. – Business On Books (wedding)
- Predictions based on current available information (world events)
, When is it prepared? / What is a forecast? – a forecast is closer to the date
Globalization, what does it mean for us?
- Great developments
BRIC’s – Brazil, Russia, India, China big countries, still growing but a lot less
MIST – Mexico, Indonesia, South Korea, Turkey small countries, develop with
double numbers
Management & Leadership – many opinions, views and gurus
A main theories
1) Traits Theories:
- What makes a person a good leader?
2) Behavioural Theories:
- Wat does a good leader do?
3) Contingency Theories:
- How does the situation influence good leadership?
4) Power & Influence Theories:
- What is the source of the leaders power?
In pictures…
What makes a person a What does a good leader
good leader ? do ?
Trait Behavioural
Theories Theories
Power &
Contingency
Influence
Theories
How does the situation Theories
What is the source of the
influence good leadership leaders power.
?
Management vs. Leadership?
- Management:
The organizing and coordination of activities of a business in order to achieve
defined objectives (Robbins, Fundamentals of Management)
- Leadership:
Getting things done through other people in order to achieve a stated
organizational objective (Mullins, HR, Mngt. and OB)
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