INTERCULTURAL MANAGEMENT - 2924 Words

INTERCULTURAL MANAGEMENT â€Å"Managers must recognize the values that they share with the people of other cultures in order to understand the values of those cultures different from their own.† Dr. Ian Lawrence. Leads Metropolitan University. Date: 15/06/2014 For Nakib Ahmed Business Management 104 By-Vishwas Kolla Prakash, Vivek Patel, Selina Szito and Shivudu Godda. EXECUTIVE SUMMARY Intercultural management is also called as cross cultural management. It is very important to know about other cultures where diversity exists as it helps companies run rewarding efficient, effective and highly productive organizations. There are many aspects of intercultural management that have direct and significant impacts on both employees’†¦show more content†¦One critical objective is to get employees to mirror organizational culture so that there is no misalignment, gaps and disconnects. Everything must work in sync and in harmony for the organization stability and survivability demographics continually change, therefore organization must be flexible and ready to address that change. To not address the change would put the organization itself at risk of future failure. Today organization must understand that if there is anything that is stead-fast and unchanging, it is change itself. Change is inevitable and change always occurs. How organizations deal with t hat change can determine success or failure. Cultural management is key to success. Certainly, this is an excellent answer. Increasing an organizations cultural intelligence is not an easy task. In this paper we have used the historical background of Management cultures in India, China, U.K and U.S. It also highlights the various cross cultural problems and adjustments which the company has to make in order to succeed in. The Conclusion has been drawn after the extensive research in different cross cultural areas where making a small adjustment will make a big difference. To support our research we have used various models which have been discussed by the famous author’s like Rosenzweig and F. T. Anbari It also highlights the implications of these cultural differences on management and team member’s practices. 4. ASPECTS OF INTERCULTURAL MANAGEMENT ManagementShow MoreRelatedIntercultural Management2155 Words   |  9 PagesTopic Review: General Management Effective cross-cultural management has to be grounded in a detailed knowledge of individual cultures. Discuss using examples from two multinational companies. I/ Introduction: In times of rapid globalisation and economic development growth, the environment of business has become more and more complicated as a huge number of firms want to globally expand their businesses. Subsequently, the managerial implications of cross-cultural management is the challengeRead MoreIntercultural Management594 Words   |  2 PagesIntercultural management A global manager has to consult with the legal services in order to comply with the host countries legal parameters. This is imperative for long-term relationship between such corporations and the host countrys government. This enables managers of international corporations to find legal recourse incase a problem arises. Such problems can only be addressed through local interpretation and enforcement. There are a few exceptions in countries like China where financial andRead MoreA Motivation Letter to Apply for a Master in Intercultural Management and Leadership743 Words   |  3 Pages Motivation Letter â€Å"Studying for a Master in Intercultural Management Leadership – What is in it for me?† In everyones life there comes a time to make important decisions that determine our future. 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Usually it is defined as a state of ‘harmony’ – and this state is emphasized byRead MoreImpact Of Communication On Cross Cultural Communication911 Words   |  4 Pagestrained in cultural differences run the risk of ruining a business deal or relationship. Mukherjee and Ramos-Salazar (2014) mentioned, â€Å"The key to global business success depends on effective cross-cultural etiquette and global workforce diversity management† (p.18). Companies that understand differences between cultures have a competitive advantage over others. Communication is important to any company and communication between cultur es has â€Å"invisible barriers† (Guang Trotter). These barriers includeRead MoreI Have Learned More About Myself By Exposing Myself Essay1048 Words   |  5 Pagesof intercultural communication competence include three perspectives: affective or intercultural sensitivity, which means to acknowledge and respect cultural differences, cognitive or intercultural awareness which is self-awareness of one’s own personal cultural identity and understanding how cultures vary and the last perspective is behavioral or intercultural adroitness which consist of message skills, knowledge of appropriate self-disclosure, behavioral flexibility, interaction management, andRead MoreIntercultural Management: Analysis and Examples of Leadership Styles Across Cultures476 Words   |  2 PagesIntercultural Management Introduction The characteristics of effective leaders vary significantly across regional and national boundaries, yet despite these differences there are shared common traits all share. The intent of this analysis is to provide examples of whats expected in terms of leadership styles across different cultures. As the Hofstede Model of Cultural Dimensions has shown, the effectiveness of a manager in one nation or region is significantly different than another (Hofstede