Cultural Diversity Is A Source Of International Competitive Advantage
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Cultural Diversity Is A Source Of International Competitive Advantage
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Author : Stefanie Hoffmann
language : en
Publisher: GRIN Verlag
Release Date : 2006-05-15
Cultural Diversity Is A Source Of International Competitive Advantage written by Stefanie Hoffmann and has been published by GRIN Verlag this book supported file pdf, txt, epub, kindle and other format this book has been release on 2006-05-15 with Business & Economics categories.
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. [...]
Managing Cultural Differences
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Author : Lisa Adent Hoecklin
language : en
Publisher: Financial Times/Prentice Hall
Release Date : 1995
Managing Cultural Differences written by Lisa Adent Hoecklin and has been published by Financial Times/Prentice Hall this book supported file pdf, txt, epub, kindle and other format this book has been release on 1995 with Business & Economics categories.
On competitive management
Danger And Opportunity
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Author : Lionel Laroche
language : en
Publisher: Routledge
Release Date : 2014-01-21
Danger And Opportunity written by Lionel Laroche and has been published by Routledge this book supported file pdf, txt, epub, kindle and other format this book has been release on 2014-01-21 with Business & Economics categories.
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.
Managing Cultural Differences For Competitive Advantage
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Author : Lisa Adent Hoecklin
language : en
Publisher:
Release Date : 1993
Managing Cultural Differences For Competitive Advantage written by Lisa Adent Hoecklin and has been published by this book supported file pdf, txt, epub, kindle and other format this book has been release on 1993 with Competition categories.
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.
Cultural Factors And Performance In 21st Century Businesses
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Author : Christiansen, Bryan
language : en
Publisher: IGI Global
Release Date : 2020-06-05
Cultural Factors And Performance In 21st Century Businesses written by Christiansen, Bryan and has been published by IGI Global this book supported file pdf, txt, epub, kindle and other format this book has been release on 2020-06-05 with Business & Economics categories.
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.
Managing Corporate Culture For International And Global Competitive Advantages In The Airline Industry
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Author : Lisa Guhl
language : en
Publisher: GRIN Verlag
Release Date : 2016-11-24
Managing Corporate Culture For International And Global Competitive Advantages In The Airline Industry written by Lisa Guhl and has been published by GRIN Verlag this book supported file pdf, txt, epub, kindle and other format this book has been release on 2016-11-24 with Business & Economics categories.
Seminar paper from the year 2015 in the subject Business economics - Business Management, Corporate Governance, grade: 1,7, University of applied sciences, Düsseldorf, language: English, abstract: Ever since globalization has started companies have been looking for ways to compete successfully on a global scale. Trends in the global environment such as rapid communication, technology innovation, and global sourcing models requiring to manage cultural differences are still challenging for many industries (cp. Yip, 2003, pp. 1–3). The airline industry being itself a reason for an increasing borderless world also faces these global trends and high competition due to expansion, consolidation, concentration, and alliances. Terrorism and rising costs for fuel, labour, maintenance, and security have not been the only threats for the industry. Also rising customer expectations e.g. regarding comfort, entertainment, experience, convenience, innovation, personalization and value for money require the airline industry to change dynamically. Moreover, airlines face demands for pollution control, corporate social responsibility, and sustainable travel. Rising competition from low-cost carriers is also relevant since their share of global capacity increased to more than 25 % in 2013. So, even if demand for air transportation has grown by an average of 9 % per year since 1960, and global airline revenues reached a new high of US$708 billion in 2013, airlines need to find ways to stand international and global competition as their environment potentially endangers profits and economic survival (cp. Lynes & Dredge, 2006, pp. 122–129; PricewaterhouseCoopers, 2014, pp. 2–3).
Suggestions For Cultural Diversity Management In Companies Derived From International Students Expectations In Germany And The Usa
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Author : Melanie Hölz
language : en
Publisher: Anchor Academic Publishing
Release Date : 2016-09-16
Suggestions For Cultural Diversity Management In Companies Derived From International Students Expectations In Germany And The Usa written by Melanie Hölz and has been published by Anchor Academic Publishing this book supported file pdf, txt, epub, kindle and other format this book has been release on 2016-09-16 with Business & Economics categories.
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.
International Tourism
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Author : Yvette Reisinger, PhD
language : en
Publisher: Routledge
Release Date : 2010-08-27
International Tourism written by Yvette Reisinger, PhD and has been published by Routledge this book supported file pdf, txt, epub, kindle and other format this book has been release on 2010-08-27 with Business & Economics categories.
In recent years there has been a considerable interest in the cultural aspects of tourism such as the impacts of culture on tourism planning, development, management, and marketing. However, the focus has been on material forms of culture such as arts, music, or crafts. The impacts of national culture on tourist behavior and travel decision-making have not been paid much attention. Only in the last two years have cross-cultural issues begun to generate significant interest among academics. An examination of cultural characteristics and differences is extremely important to the tourism industry because today’s tourism environment is becoming increasingly international. Information on the nature of the cultural differences between international tourists and locals is not readily available in tourism literature. The concept of culture is very complex and includes such abstract concepts as satisfaction, attitude and loyalty. International Tourism brings these concepts to the undergraduate student in tourism, as well as students in the related fields of marketing, management, international business, and cross-cultural communication. Designed as a textbook, it isorganized and presented in an integrated and relevant way for the benefit of a worldwide audience.
Riding The Waves Of Culture
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Author : Charles Hampden-Turner
language : en
Publisher: Hachette UK
Release Date : 2020-11-26
Riding The Waves Of Culture written by Charles Hampden-Turner and has been published by Hachette UK this book supported file pdf, txt, epub, kindle and other format this book has been release on 2020-11-26 with Business & Economics categories.
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.
Managing International Teams And Workforce Diversity
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Author : Marco Erlenkamp
language : en
Publisher: GRIN Verlag
Release Date : 2007-07
Managing International Teams And Workforce Diversity written by Marco Erlenkamp and has been published by GRIN Verlag this book supported file pdf, txt, epub, kindle and other format this book has been release on 2007-07 with categories.
Seminar paper from the year 2005 in the subject Business economics - Business Management, Corporate Governance, grade: 1,7, niversity of Applied Sciences Oldenburg/Ostfriesland/Wilhelmshaven; Emden, course: International Human Resource Management, 11 entries in the bibliography, language: English, abstract: Table of contents 1. Intercultural Management as a challenge 1.1. Globalisation of the economy 1.2. Demographics 1.3. Migration 2. Cultural Differences 2.1. Theories of cultures 2.1.1. Hofstede 2.1.2. Trompenaars 2.1.3. Hall 2.1.4. Pinto 2.2. Intercultural behaviour 2.3. Conclusion 3. Intercultural Communication 3.1. Communication model 3.2. Cultural Communication barriers 3.3. Successful communication 4. International Teams 4.1. Multicultural workgroups 4.2. Team development 4.3. Critical areas for successful teamwork 5. Diversity Management 5.1. Classical vs. modern definition 5.2. Historical development 5.3. Diversity Management as a competitive advantage 6. Conclusion 8. Literature 8.1. Books and other printed media 8.2. Websites 1. Intercultural Management as a challenge The main purpose of intercultural management is to manage the diverse workforce that appears in most of our companies. During the last decades, a trend towards globalisation could be monitored. The workforce doesn't consist mainly of male Caucasians anymore. Today, we have a colourful mixture of people at the workplace. People who come from different countries, different cultures and different ethical backgrounds.