Cultural Differences as a Hidden Hurdle to Successful Business

Cultural Differences as a Hidden Hurdle to Successful Business PDF Author: Isabelle Mrugalla
Publisher: diplom.de
ISBN: 384281383X
Category : Business & Economics
Languages : en
Pages : 71

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Book Description
Inhaltsangabe:Introduction: The main effect of globalisation over recent decades has been the development of the world as a united market place. Through multinational companies, globally accepted management styles or organisational structures the impression might be given that there are hardly big differences in the way people do business all over the world. However, the variety of human cultures makes it impossible to believe that there is a uniform theory corresponding to all cultures on earth or assimilating their way of doing business. Misunderstandings while doing business or even failure of business relationships are, despite ever increasing market transparency, part of every day business life. It is less frequently the consequence of economic discrepancies but more often hidden cultural incompatibilities that can cause problems between two or more parties. Even between countries that have maintained business relationships for many years, as is the case between Germany and Spain, the problem of cultural differences is unfortunately present and moreover underestimated. For Germany, the European export champion, Spain has been for at least a decade one of the top export destinations. Also German companies located in Spain contributed 8% to that country s G.D.P. for 2010. Those big subsidiaries originated from a successful attempt to do business with a different culture and yet, to a greater or lesser extent, still face this difficulty every day. This applies equally to enterprises that are pure exporters, those having production plants, distribution or sales departments in the respective country. Helping businesses avoid the potential obstacles arising from cultural differences through sensitivity and understanding would improve working relationships and smoothen the path toward economic growth. Hit hard by the European economic crisis, Spain had and still has to suffer economic cutbacks. Since Germany is the second largest destination for Spanish exports it needs to maintain this presence in Germany. As the head of Spanish government José Luis Rodríguez Zapatero and the German chancellor Angela Merkel pointed out on the German-Hispanic summit conference on 2nd of February 2011 in Madrid, there is still a lot of potential that can be exploited when both parties are pro-active. Looking at the above mentioned facts it is evident that both countries need each other. Besides creating a common political base, it is essential for their [...]

Cultural Differences as a Hidden Hurdle to Successful Business

Cultural Differences as a Hidden Hurdle to Successful Business PDF Author: Isabelle Mrugalla
Publisher: diplom.de
ISBN: 384281383X
Category : Business & Economics
Languages : en
Pages : 71

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Book Description
Inhaltsangabe:Introduction: The main effect of globalisation over recent decades has been the development of the world as a united market place. Through multinational companies, globally accepted management styles or organisational structures the impression might be given that there are hardly big differences in the way people do business all over the world. However, the variety of human cultures makes it impossible to believe that there is a uniform theory corresponding to all cultures on earth or assimilating their way of doing business. Misunderstandings while doing business or even failure of business relationships are, despite ever increasing market transparency, part of every day business life. It is less frequently the consequence of economic discrepancies but more often hidden cultural incompatibilities that can cause problems between two or more parties. Even between countries that have maintained business relationships for many years, as is the case between Germany and Spain, the problem of cultural differences is unfortunately present and moreover underestimated. For Germany, the European export champion, Spain has been for at least a decade one of the top export destinations. Also German companies located in Spain contributed 8% to that country s G.D.P. for 2010. Those big subsidiaries originated from a successful attempt to do business with a different culture and yet, to a greater or lesser extent, still face this difficulty every day. This applies equally to enterprises that are pure exporters, those having production plants, distribution or sales departments in the respective country. Helping businesses avoid the potential obstacles arising from cultural differences through sensitivity and understanding would improve working relationships and smoothen the path toward economic growth. Hit hard by the European economic crisis, Spain had and still has to suffer economic cutbacks. Since Germany is the second largest destination for Spanish exports it needs to maintain this presence in Germany. As the head of Spanish government José Luis Rodríguez Zapatero and the German chancellor Angela Merkel pointed out on the German-Hispanic summit conference on 2nd of February 2011 in Madrid, there is still a lot of potential that can be exploited when both parties are pro-active. Looking at the above mentioned facts it is evident that both countries need each other. Besides creating a common political base, it is essential for their [...]

Leading with Cultural Intelligence

Leading with Cultural Intelligence PDF Author: David A. Livermore
Publisher: AMACOM/American Management Association
ISBN: 0814414877
Category : Business & Economics
Languages : en
Pages : 242

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Book Description
What is CQ? And why do leaders need it in our increasingly connected world?

Intercultural Communication

Intercultural Communication PDF Author: Tracy Novinger
Publisher: University of Texas Press
ISBN: 0292757018
Category : Social Science
Languages : en
Pages : 246

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Book Description
Successfully communicating with people from another culture requires learning more than just their language. While fumbling a word or phrase may cause embarrassment, breaking the unspoken cultural rules that govern personal interactions can spell disaster for businesspeople, travelers, and indeed anyone who communicates across cultural boundaries. To help you avoid such damaging gaffes, Tracy Novinger has compiled this authoritative, practical guide for deciphering and following "the rules" that govern cultures, demonstrating how these rules apply to the communication issues that exist between the United States and Mexico. Novinger begins by explaining how a major proportion of communication within a culture occurs nonverbally through behavior and manners, shared attitudes, common expectations, and so on. Then, using real-life examples and anecdotes, she pinpoints the commonly occurring obstacles to communication that can arise when cultures differ in their communication techniques. She shows how these obstacles come into play in contacts between the U.S. and Mexico and demonstrates that mastering the unspoken rules of Mexican culture is a key to cementing business and social relationships. Novinger concludes with nine effective, reliable principles for successfully communicating across cultures.

Can Two Rights Make a Wrong?

Can Two Rights Make a Wrong? PDF Author: Sara J. Moulton Reger
Publisher: IBM Press
ISBN: 9780131732940
Category : Business & Economics
Languages : en
Pages : 273

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Book Description
"This is the book for people who never get past page two of a management book--it is as close as the genre comes to being a compulsive page turner. Its main thesis is built on at least three big ideas that are individually persuasive and cumulatively compelling. They naturally fit into an alignment tool that is applied to the range of day-to-day and exceptional challenges all enterprises face, including the Holy Grail of transformational change." --Donald Macrae, general counsel and chief knowledge officer, Department for Environment, Food and Rural Affairs, England "Having been in the business of cultural transformation and alignment for many years, I've carefully looked for a thoughtful strategy and an intentional approach to bringing about healthy and thriving cultures. Can Two Rights Make a Wrong? is simply the best--it is the most thoughtful and practical work I've seen in this growing and critical area. This is a must buy!" --Dr. Ron Jenson, Future Achievement International, international author, speaker, and consulting and executive coach "Can Two Rights Make a Wrong? is a superb account of how to manage the 'soft side' of mergers and acquisitions, but it has great value for managing many other new business practices as well, such as Open Innovation. It provides a powerful, practical method to identify conflicts, develop alignment, and achieve effective coordination between two parties that would be tremendously helpful in a variety of collaborative contexts, such as alliances, research partnerships, or joint ventures. Moulton Reger and her colleagues at IBM should be congratulated for a thoughtful, insightful book." --Henry Chesbrough, professor at University of California Berkeley's Haas School of Business, author of Open Innovation "Numbers are neat and clean. Human beings are often messy and complex. If everyone in your organization knew what to do and when, how, where, and--most importantly--why to do it, how would your organizational culture be defined? The authors of Can Two Rights Make a Wrong? have introduced new ways to proactively address culture and, most importantly, tie it to bottom-line benefits." --James H. Amos, Jr., chairman emeritus, MBE/The UPS Store "This book is a must read for leaders hoping to change their organization's culture as well as those attempting to merge firms with uniquely different cultures. Moulton Reger's insights are grounded in theory and real-world experience. In this unique book, culture change is a complex concept broken down into bite-sized pieces and presented in a way that any leadership team can embrace at its own pace." --Merrill J. Oster, author of Vision Driven Leadership, founder Oster Communications, Inc. "Here at last is a business book that takes culture seriously and isn't intimidated by it. The method described can be used with practically any type of business problem in any industry, and the book does an excellent job of drawing on research and theory while keeping the focus practical. The three elements of Outcome Narratives, Right vs. Right, and Business Practices are significant ideas in their own right--each is a unique insight. All three ideas have been around in various guises for several years, but have not been as well crystallized or as focused on complex business problems as they are in this book. The authors' achievement is extraordinary and goes a long way toward making the juicy idea of culture something to be built on and worked with." --Peter Vaill, professor, Antioch University "The Achilles heel for any major organizational change is that organization's culture. In every change, consultants talk about culture, but few provide specific sequential steps designed to actually do anything about it. This book provides such steps, and provides them in ways that makes sense. 'Makes sense' is the key because the steps provided can be easily adapted to virtually any organization, large or small." --George Falldine, Air Force civil servant, Air Force Materiel Command "Sara Moulton Reger is one of the premier organizational design consultants in the country, and this book reflects her in-depth knowledge of and experience with the subject matter. This book is essential reading for those striving to achieve greater results from ongoing change initiatives. Can Two Rights Make a Wrong? contains a broad range of concepts, examples, and specific steps culled from Moulton Reger's direct experience. Such a complete presentation of strategic and tactical advice makes Can Two Rights Make a Wrong? a mandatory addition to every manager's bookshelf." --Steven Bragg, CPA, author of twenty-eight business books, CFO of Premier Data Services "This is a serious book that gives intelligent guidance to anyone who leads an organization and takes creating and managing culture seriously. The section on Outcome Narratives is the best 'how to' on casting a unifying vision that I have seen. If you're a leader and take your role in creating and managing corporate culture seriously, then you should read this book." --Regi Campbell, principal, Seedsower Investments, author of About my Father's Business "I don't read most 'culture change' books--waste of time. This book is different. Can Two Rights Make a Wrong? combines both soft and hard approaches, with a continuous focus on how-to and results. Buy it. But, more importantly, read it." --Jack Grayson, founder and chairman, American Productivity and Quality Center (APQC) "We used Right vs. Right to help integrate an important acquisition--one that brought many differences we needed to carefully leverage to achieve IBM's business objectives. I found it to be a powerful technique for quickly reconciling strategic views of the business model and different operating preferences. Now, a few months later, we have the business results--and employee satisfaction--to prove Right vs. Right works." --Jim Corgel, general manager, Small and Medium Business Services, IBM "Leaders wouldn't think about doing a major project without a plan and a project manager, but how many consider the cultural implications? This book fills a key void because it clarifies the topic of culture so that it is easier to understand, and includes examples for applying the framework to many types of situations, including business-to-business alliances and crossgeography teams." --Cindy Berger, vice president, American Express "There is no question that the biggest hurdle to achieving a successful merger is culture. Market opportunities may be staggering and synergies may seem perfect, but, without a cultural match, odds are the merged company will struggle. Can Two Rights Make a Wrong? can help you avoid the problems. Even if you are not contemplating a merger, Moulton Reger's deep insight provides an excellent management primer and interesting historical perspective. A worthwhile read." --John R. Patrick, author of Net Attitude, president of Attitude LLC "This is an excellent book that provides a pragmatic approach to identifying and alleviating cultural issues created when two groups of people must work together. Effectively blending business cultures is a key requirement for successful outsourcing, and most companies lack the tools necessary to do this. Companies looking to reduce outsourcing risk should follow IBM's Tangible Culture approach." --Lance Travis, vice president, Outsourcing Strategies, AMR Research "This book will help leaders and cultural-change practitioners take a practical, well-architected approach to creating the culture they need to support their strategies. Thanks, IBM, for sharing what you have learned from your own transformation." --Valerie Norton, vice president, Talent Management and Organizational Effectiveness, Merck & Co., Inc. "Based on IBM's own experience with organizational transformation and mergers, this book belongs on the reading list of any executive contemplating major changes to their business." -- Peter Richerson, professor, University of California Davis -- "Finally, a book that goes beyond just declaring 'it's the culture change' and gets to a real recount of why and how to move on that need. This is a practical approach for senior leaders in large corporations and government to address the most pressing issues in modern business life!" --Kenneth I. Percell, executive director, Warner Robins Air Logistic Center "I like the way the authors move the idea of organization culture from intangible (values) to tangible and practical. They offer that culture can be viewed and changed by examining and discussing what people do. Using the techniques described in Can Two Rights Make a Wrong? will demystify culture clash." --Lynda Aiman-Smith, Ph.D., North Carolina State University "A must read for leaders charged with planning and executing major change initiatives involving a single organization or multiple organizations. The book is original, thoughtful, thorough, and pragmatic. The elements of Can Two Rights Make a Wrong? and their interrelationships that work to drive successful change are particularly beneficial. The authors demonstrate a hands-on grasp of this important subject and the related literature. The material is presented in a concise, easy-to-understand format, with lots of tables, charts, and illustrations to help guide the reader." --Stephen W. Brown, Edward M. Carson chair in services marketing, professor and executive director, Center for Services Leadership, W. P. Carey School of Business, Arizona State University "Many have observed that mergers and acquisitions will fail to achieve their goals without proper attention to human and cultural factors, but few have shown us the way to manage these factors in any meaningful way. This book takes up that challenge and delivers a real solution by identifying business practices as the crucial element of 'culture' that can make or break a merger or acquisition, and by providing a hands-on methodology for managing and aligning differences across cultures." --Marietta Baba, dean of the College of Social Science, professor of Anthropology, Michigan State University "Sara Moulton Reger's application of Business Practices, Right-vs. Right, and Outcome Narratives to business transformation spoke directly to my own business experience. I found the book's comprehensive approach very appealing. It brought together the story of a historic merger; a review of traditional approaches to culture transformation in business organizations; the powerful new techniques of Outcome Narratives, Right vs. Right, and Business Practices Alignment; and useful examples of the way to apply these techniques." --Dwight E. Collins, Ph.D., adjunct professor, Presidio School of Management, sustainable business and supply chain optimization consultant, president, Collins Family Foundation "We know unsuccessful mergers and acquisitions are often the result of underestimating the people and the cultural issues. Derived from experience, here is practical help in improving your chances of being one of the success stories." --David Hope, human resources director, Norwich Union Insurance "This is state-of the-art. This practical approach is extremely useful for anyone involved in integrating two large organizations, especially professional organizations. I found the book Can Two Rights Make a Wrong? fascinating--excellently describing the preparation and process that is required in integrating culturally different organizations." --Fred WI Lachotzki, professor of business policy, Nyenrode University, coauthor of Beyond Control: Managing Strategic Alignment through Corporate Dialogue Nowadays, nearly every business leader recognizes the crucial importance of culture. But, in many organizations, attempts to handle culture issues remain "squishy," unfocused, and unlikely to bring any value or results. Now, IBM's leading experts reveal the way to make culture tangible to everyone involved--and how to effectively deal with a variety of culture challenges. Can Two Rights Make a Wrong? leverages the lessons learned during IBM's $3.5 billion acquisition of PricewaterhouseCoopers Consulting: insight that IBM has crystallized into a powerful methodology for transforming business culture. The authors introduce "Business Practices," an actionable surrogate for "culture" that business people can identify with, gauge, and act upon. Then, one step at a time, you'll learn how to apply IBM's practical culture transformation techniques in your unique environment. You'll discover common patterns that lead to culture clashes so you can resolve or, better yet, prevent them. You'll learn to clarify your expectations so people really "get" it--and do it. You'll gain the way to measure culture change progress in terms everyone can understand and buy into. Whether you're involved with M&As, joint ventures, major transformation, internal restructuring, or any other initiative where culture is important, this book can help you take culture from a worrisome risk to a competitive advantage. Business Practices: the unseen hand that propels action Uncover what makes your organization unique Right vs. Right: What to do when good options conflict Understand and manage the source of culture clash Outcome Narratives: Get to the right place, the right way Clarify your desired future, clear the obstacles, measure progress, and deliver results Successful culture change requires the same discipline you bring to the rest of your business. It demands a strong methodology that helps you clarify your goals and expectations, identify and overcome obstacles, measure progress...and get results. This book delivers that methodology. IBM's powerful, proprietary Tangible Culture approach will help you make culture visible and measurable-- so you can replace "feel good" culture work with focused, actionable plans for change. Use IBM's techniques to surface, understand, and reconcile differences among groups that must work together, so you can launch alliances more successfully...drive more value from acquisitions...enhance cross-silo and global operations...choose the right strategies...and make real transformation happen. Whatever your goals, culture is central to your success. With this book, you can finally address culture--systemically, proactively, and effectively. Leverage IBM's Breakthrough Methodology for Driving Effective Culture Change Drive real culture change, survive the effort, and reap genuine results Overcome culture challenges and risks Successfully execute on M&As, business alliances, transformation and internal restructuring Use downloadable templates to customize IBM's techniques for your environment Learn what IBM learned from its $3.5 billion acquisition of PricewaterhouseCoopers Consulting Foreword xxi Preface xxiii Acknowledgments xxv About the Author xxvii Contributing Authors xxix Section I: The Basics 1 Chapter 1: Introduction--An Overview of Tangible Culture 3 Chapter 2: We Can't Do This the Traditional Way--IBM's Acquisition of PricewaterhouseCoopers Consulting 17 Chapter 3: Traditional Approaches to Culture Transformation--How Others Have Dealt with the Challenge 33 Chapter 4: How to Get to the Right Place the Right Way--Outcome Narratives 49 Chapter 5: The Good Thing That Can Cause Big Trouble--Right vs. Right 67 Chapter 6: The Unseen Hand That Propels Organizational Action--Business Practices 85 Chapter 7: Putting It All Together--The Business Practices Alignment Method 103 Section II: The Application 119 Chapter 8: Mergers and Acquisitions-- Managing the Common Sources of Culture Clash 121 Chapter 9: Alliances--Finding Ways to Leverage Your Collective Capabilities 143 Chapter 10: Major Restructuring--Gaining Sustained Value from Your Reorganization 163 Chapter 11: Major Transformation--Addressing Your Plan's Hidden Barrier 181 Chapter 12: Key Decisions and Everyday Business--Extending Tangible CultureInto the Operational Parts of Your Business 203 Section III: The Projects 225 Chapter 13: The Co-operators--Using Business Practices to Clarify Expectations 227 Chapter 14: Sales Pipeline--Using Right vs. Right to Differentiate Issues 241 Epilogue 251 Appendix: About the Contributors 255 Index 268

A Guide to Moving to Morocco

A Guide to Moving to Morocco PDF Author: William Jones
Publisher: Mamba Press
ISBN:
Category : Travel
Languages : en
Pages : 71

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Book Description
Are you ready to embark on an extraordinary adventure to the enchanting land of Morocco? "A Guide to Moving to Morocco: Embrace the Charm of the Maghreb" is your essential companion for this remarkable journey. Whether you dream of immersing yourself in the bustling medinas, exploring the mystical Sahara Desert, or savoring the flavors of Moroccan cuisine, this guide offers a comprehensive roadmap to make your move to Morocco a seamless and enriching experience. Morocco, with its vibrant culture, rich history, and diverse landscapes, beckons with open arms. Discover the intricacies of Moroccan life, from navigating the labyrinthine streets of ancient cities to embracing the warm hospitality of its people. Delve into the pages of this guide, and you'll find: Visa and Residency Insights: Unravel the intricacies of Moroccan bureaucracy, from visa requirements to residency permits, with practical tips to streamline your relocation. Cultural Immersion: Immerse yourself in the heart of Moroccan culture with guidance on language learning, etiquette, and understanding local traditions. Career Opportunities: Explore professional prospects in Morocco's growing economy and learn how to leverage your skills in this dynamic market. Family Life and Education: Discover resources for families, from international schools to healthcare options, ensuring a smooth transition for you and your loved ones. Travel and Exploration: Embark on adventures that span the country's diverse landscapes, from the Atlas Mountains to the Atlantic coast, and explore Morocco's hidden gems. Overcoming Challenges: Navigate the hurdles of living abroad, from language barriers to cultural differences, and turn them into stepping stones for personal growth. A Fulfilling Life: Whether you decide to stay temporarily or make Morocco your forever home, find tips for crafting a rewarding life filled with exploration, connection, and meaning. This guide is more than a mere handbook; it's your passport to the soul of Morocco. It's a celebration of the country's captivating allure and an indispensable resource for those ready to embrace the charm of the Maghreb. Whether you're an adventurer, an entrepreneur, or a family seeking a new beginning, "A Guide to Moving to Morocco" is your compass for navigating this extraordinary journey. Embark on your Moroccan odyssey today, and let the enchantment of this North African gem unfold before you.

Belt and Road Initiative – Collaboration for Success

Belt and Road Initiative – Collaboration for Success PDF Author: Eve Man Hin Chan
Publisher: Springer Nature
ISBN: 9811515255
Category : Technology & Engineering
Languages : en
Pages : 157

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Book Description
This book presents a series of studies analyzing critical factors that promote and constrain textile & clothing (T&C) production and trade in the Belt & Road (B&R) countries, and forces that drive the restructuring and transforming of global T&C supply chain and operations in the B&R context. The book also offers insights into the challenges and opportunities for T&C manufacturing in B&R countries through interviews with T&C experts, and also examines how Hong Kong can strengthen its “super-connector” role by facilitating sustainable trade and development in the T&C industries, as well as discussion on the impact of global trade wars on T&C trade. In the studies presented in this book, they offer topics ranging from the macro-economy, international business environment and strategies, logistics and supply chain, policy changes, to sustainability. The studies offer descriptive, theoretical and empirical analyses that explore T&C business and management related opportunities and challenges that are derived from the Belt and Road Initiative (BRI). Econometric analysis with the gravity model is applied to T&C trade and extended to cover other areas that have not been considered in previous studies, such as production costs, export supply chain costs, technologies, demographical factors, and factors related to the business environment and policies, including qualitative variables. Studies using in-depth interviews and linear regression analysis are also present to explore new factors for T&C trade and production relocation to B&R countries.

Hurdle

Hurdle PDF Author: Timothy Berry
Publisher: Palo Alto Software, Inc.
ISBN: 0966489144
Category : Business & Economics
Languages : en
Pages : 222

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Book Description


The Music Export Business

The Music Export Business PDF Author: Stephen Chen
Publisher: Routledge
ISBN: 100037369X
Category : Business & Economics
Languages : en
Pages : 228

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Book Description
The Music Export Business examines the workings of the fast-changing world of music industry exports. The music industry is in a state of flux, resulting from changes in technology, markets, government policies and most recently the COVID-19 pandemic. In analysing the ability of organisations to access international markets from inception, this book assesses global trends in music industry business models, including streaming and national export policies. The book deploys author interviews with industry insiders including musicians, managers, record labels and government stakeholders, using case studies to highlight cultural and economic value creation in a global value chain Providing research-based insights into "export readiness" in the global music industry, this book reassesses the "born global" phenomenon, providing a unique and valuable resource for scholars and reflective practitioners interested in the evolving relationship between music industries, national economies, government policies and cultural identity. .

Empowering Teams in Higher Education: Strategies for Success

Empowering Teams in Higher Education: Strategies for Success PDF Author: Burris-Melville, Tashieka Simone
Publisher: IGI Global
ISBN:
Category : Education
Languages : en
Pages : 413

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Book Description
Many businesses and organizations struggle with implementing effective teamwork, leading to confusion, stress, and subpar results. In higher education, students often graduate without the necessary teamwork skills, leaving them unprepared for the demands of the modern workplace. Empowering Teams in Higher Education: Strategies for Success addresses these challenges head-on, offering a practical guide for improving teamwork and creating a collaborative learning environment. By providing insights, strategies, and real-world examples, this book equips students and educators alike with the tools they need to succeed. Employers increasingly value teamwork and collaboration, and do not have the resources to train recent graduates who need these essential skills. This book fills the gap between higher education and the workforce by providing a roadmap for transforming students' educational experiences. With a focus on practical strategies and real-world applications, this book effectively prepares students to excel in team-based environments. Educators will also benefit from this book, gaining valuable insights into effective team dynamics and how to nurture innovation in their classrooms.

Galloping and Hurdles

Galloping and Hurdles PDF Author: Hua Li
Publisher: Partridge Publishing Singapore
ISBN: 1543756964
Category : Biography & Autobiography
Languages : en
Pages : 279

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Book Description
Hua grew up in a small town by the Yangtze River in Central China as the only child of an intellectual father and a feisty mother. As China opened itself up to the rest of the world in the 1990’s, Hua at the age of nineteen left China to embark on an extraordinary journey that took her to four countries in two decades. This book tells a fascinating story about Hua who studied in Switzerland; fell in love with an abusive man ten years her senior; rescued by an English gentleman who later became Hua’s husband; moved to England alone and re-discovered her identity in this foreign country; established a successful career by working for some of the biggest multinational companies in the world; and moved back to Asia with her family and weathered unprecedented change. Hua candidly recounts some of her most personal moments of struggling with cultural conflicts, losing self-identity, dealing with failures and rebuilding resilience. This is a book of self-discovery, self-reflection and self-improvement. It will resonate with people who are pursuing their dreams and inspire them to unleash their full potential.