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Author: Stefanie Hoffmann
Publisher: GRIN Verlag
ISBN: 3638501531
Category : Business & Economics
Languages : en
Pages : 14
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Book Description
Essay from the year 2005 in the subject Leadership and Human Resources - Miscellaneous, grade: 63% - B, Cardiff University, language: English, abstract: Companies all over the world have always tried to create and capitalise on competitive advantages, ensuring profitability and long term survival. Due to the increasing competition in most markets, mainly caused by globalization, liberalisation and better information of the customers, the need to gain advantages in competition is now more essential than ever. This essay, labelled “Cultural diversity is a source of international competitive advantage. Critically evaluate”, shall point out the complexity of this topic. “What business strategy is all about; what distinguishes it from all other kinds of business planning - is, in a word, competitive advantage. Without competitors there would be no need for strategy, for the sole purpose of strategic planning is to enable the company to gain, as effectively as possible, a sustainable edge over its competitors.” Keniche Ohnae (http://www.quotationspage.com/quote/8183.html: accessed on 30.11.2005) Michael Porter, professor at the Harvard Business School, stated that competitive advantages depend on different factors like the availability of resources, the size and sophistication of the market or the type of strategic networks. (Schneider and Barsoux, 1997) He also said that choosing the right strategies make the company unique, build brand reputation or set the right goal. (Porter, 2005) In general, competitive advantage is often associated with specific business operations like mentioned above. Little people think that also cultural diversity provides a source of competitive advantage. [...]
Author: Stefanie Hoffmann
Publisher: GRIN Verlag
ISBN: 3638501531
Category : Business & Economics
Languages : en
Pages : 14
Get Book Here
Book Description
Essay from the year 2005 in the subject Leadership and Human Resources - Miscellaneous, grade: 63% - B, Cardiff University, language: English, abstract: Companies all over the world have always tried to create and capitalise on competitive advantages, ensuring profitability and long term survival. Due to the increasing competition in most markets, mainly caused by globalization, liberalisation and better information of the customers, the need to gain advantages in competition is now more essential than ever. This essay, labelled “Cultural diversity is a source of international competitive advantage. Critically evaluate”, shall point out the complexity of this topic. “What business strategy is all about; what distinguishes it from all other kinds of business planning - is, in a word, competitive advantage. Without competitors there would be no need for strategy, for the sole purpose of strategic planning is to enable the company to gain, as effectively as possible, a sustainable edge over its competitors.” Keniche Ohnae (http://www.quotationspage.com/quote/8183.html: accessed on 30.11.2005) Michael Porter, professor at the Harvard Business School, stated that competitive advantages depend on different factors like the availability of resources, the size and sophistication of the market or the type of strategic networks. (Schneider and Barsoux, 1997) He also said that choosing the right strategies make the company unique, build brand reputation or set the right goal. (Porter, 2005) In general, competitive advantage is often associated with specific business operations like mentioned above. Little people think that also cultural diversity provides a source of competitive advantage. [...]
Author: Lisa Adent Hoecklin
Publisher: Financial Times/Prentice Hall
ISBN:
Category : Business & Economics
Languages : en
Pages : 176
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Book Description
On competitive management
Author: Lionel Laroche
Publisher: Routledge
ISBN: 1135119384
Category : Business & Economics
Languages : en
Pages : 300
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Book Description
The Chinese characters for "danger" and "opportunity" form the word "crisis". Ancient Chinese wisdom sees an opportunity in danger. While cultural diversity brings challenges to the workplace, how do we turn these challenges into opportunities? Drawing on their extensive experience working with multicultural and multinational organizations, Lionel Laroche and Caroline Yang provide an in-depth analysis of cross-cultural dynamics in the workplace and offer practical suggestions at both the individual and organizational levels. The book analyzes cross-cultural challenges in six areas: the relative importance of technical and soft skills; cross-cultural communication; cross-cultural feedback; hierarchy; individualism; and risk tolerance. It then provides a solutions framework that encompasses people, systems and environment to bridge the issues that arise from cultural differences. The analysis and solutions are applied in four business contexts: managing a multicultural workforce; competing in the global talent market; collaborating with joint venture partners; and working with offshore resources. If you work with colleagues, managers, employees and customers from diverse cultures, if you are with an organization that has a multicultural workforce and/or global operations, or if your organization collaborates with joint venture partners or offshore resources from different cultures, then Danger and Opportunity: Bridging Cultural Diversity for Competitive Advantage is the book for you.
Author: Lisa Adent Hoecklin
Publisher:
ISBN:
Category : Competition
Languages : en
Pages : 158
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Book Description
Discusses the impact of cultural diversity on management and on international business and describes strategies for doing business in multicultural environments. Includes a directory of organizations offering cross-cultural development consultancy and a selection of leading business school executive courses in cross-cultural management.
Author: Christiansen, Bryan
Publisher: IGI Global
ISBN: 1799837467
Category : Business & Economics
Languages : en
Pages : 284
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Book Description
Businesses rely heavily on their culture to ensure sustainable success, and company culture is invariably influenced by national values. In an era of global hypercompetition, knowing the overall values that guide one’s business ventures is crucial, as it allows for the greater understanding of other businesses and how they operate. Cultural Factors and Performance in 21st Century Businesses is a pivotal reference source that examines the relationship between culture and trade. Covering a broad range of topics including ethics, economic geography, and socialization theory, this book examines cultures around the world and their intersection with trade. This publication is ideally designed for executives, managers, entrepreneurs, social scientists, policymakers, academicians, researchers, and students.
Author: Finn Majlergaard
Publisher: LAP Lambert Academic Publishing
ISBN: 9783659823251
Category :
Languages : en
Pages : 400
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Book Description
2/3 of all mergers and acquisitions fail to meet their objectives due to cultural clashes. 75% of managers in international companies find it difficult to lead culturally diverse teams. This book deals with how we can leverage from the cultural diversity instead of seeing it as a problem that should be fixed. It combines academic research, field studies and Dr. Majlergaards experience from having worked with hundreds of companies around the world helping them benefitting from the cultural diversity. In a globalised world where products can and are copied faster than ever before the corporate culture is one of the most important factors for securing competitive advange. Anyone can copy your product, but no one can copy your culture. This book advices you on how you can use the cultural diversity in your organisation to develop a strong corporate culture that will help you accelerate organisational effectiveness and global competitive advantage. This book is intended for business leaders who seek ideas on how to take their organisation to the next level on the global scene and for academics who want to research this field further
Author: Melanie Hölz
Publisher: Anchor Academic Publishing
ISBN: 3954899396
Category : Business & Economics
Languages : en
Pages : 140
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Book Description
The investigation shows expectations of international students in Germany (GER) and the United States of America (US) with a focus on cultural diversity management (CDM). Furthermore, it gives suggestions to companies in order to become more attractive as international employers in the long run. In a first step, the research objectives are determined, followed by a definition of the main terms of diversity management (DM) and CDM and hypotheses are developed. Then, an online survey among international students in GER and also international students in the US was conducted. The results, deriving from 318 participants, are described and analyzed in the study. Finally, recommendations for companies on CDM are presented. The main findings describe that DM is less prominent among international students in GER than among internationals in the US (with 54 compared to 40 percent). Besides, the dimensions of nationality and gender seem to be very important for international students. Language courses, further support and culturally mixed teams are considered as most important expectations towards CDM in both countries. As further expectations comments to the topics equality, support, integration and acceptance, understanding and awareness as well as good working atmosphere were given. As critical aspects regarding CDM in GER mainly language barriers are described. The study gives further proof that GER as well as the US are considered as attractive countries to work and study worldwide. However, more than half of the participating students perceived difficulties regarding the search for a job in both countries. This work shall contribute further information to the implementation of cultural diversity for companies as well as providing new insights for researchers and universities into the topic of CDM. Thus it might be interesting for international students, HR managers, diversity officers, managers and other employees.
Author: Michael E. Porter
Publisher:
ISBN:
Category : Competition, International
Languages : en
Pages : 0
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Book Description
Author: Charles Hampden-Turner
Publisher: Hachette UK
ISBN: 1529370132
Category : Business & Economics
Languages : en
Pages : 432
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Book Description
For over 25 years, Riding the Waves of Culture has set the standard for leading effectively in an international business context. Helping leaders to be highly attuned to cultural differences, and to leverage such differences for maximum competitive advantage. Retaining its in-depth exploration of underlying cultural frameworks that have made it a business classic, Riding the Waves of Culture, Fourth Edition provides new, evidence-based information and insights on critical business matters, including: - How to enhance and improve chances of success in M&A deals by expertly handling corporate and cultural differences - Ways of improving and handling competencies, dilemmas, servant leadership, innovation, and remote-team effectiveness in an increasingly diverse business world - New analyses of changes over the past decades that are moving the world closer to a single 'global village' Renowned experts in their field, the authors also include new chapters and updates on: - the meaning of culture - how to assess cultural competence - change management - assessing organisation culture - diversity and ethnicity The most thoroughly researched and highly respected resource of its kind, Riding the Waves of Culture does more than help you stay afloat in today's diverse work environment; it provides the knowledge you need to seize the advantage and compete for the long run.
Author: Affiliation of Multicultural Societies and Service Agencies of B.C.
Publisher:
ISBN:
Category :
Languages : en
Pages :
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Book Description
