Cross-cultural leadership in global business Abstract: Leadership is the process of getting work done through others. A leader encourages and motivates others towards accomplishment of certain pre-defined organizational goals. The management maintains the status quo whereas the leadership is responsible for predicting fresh solutions and methodologies. The leadership is responsible for motivating people to bring out their best. The modern leader must be multicultural because corporate success
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Cultural Influences on Leadership What is leadership? What is Cross-Cultural Leadership? Related Theories 1. Implicit Leadership Theory 2. Hofstede’s cultural dimensions 3. GLOBE 4. Leadership Styles Accross Cultures Paternalistic Leadership Transformational & Transactional Leadership What is “national culture”? Analysis of Hofstede ’s cultural dimensions theory Hofstede ’s cultural dimensions theory is a framework for cross-cultural communication‚ developed by Geert Hofstede
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Strategic Plan: Riordan Manufacturing Inc. What role should ethical and social responsibility considerations have in Riordan’s strategic management plan? Ethical and social responsibility should be strongly considered in Riordan’s strategic management plan. Companies that support strategic corporate social responsibility focus on factors such as identifying opportunities and threats facing stakeholders‚ managing relationships with stakeholders‚ creating sustainable business practices‚ and most important
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Plan Riordan Manufacturing is a mid-size American company that was founded in 1991‚ employs 550 people and has projected annual earnings of $46 million. Riordan has three manufacturing locations‚ two in the United States and one in China. Riordan understands the importance of strategic planning and will lay out their reasoning in this paper. Competitive advantages‚ sustainability‚ innovation and ethical and social responsibilities will be addressed‚ as well as cultural and structural leadership and
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1. Introduction As new international businesses have developed rapidly over the world‚ international trading has occurred frequently. Moreover‚ the importance of cross-cultural leadership has been come out an enormous issue in most countries as well. However‚ because difficulty of language and cultural differences‚ senior managers who are overseas for work have some problems with adopting new culture and working with other managers. Therefore‚ international businesses need a program which could
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The definition of culture offered in one textbook is “That complex whole which includes knowledge‚ belief‚ art‚ morals‚ custom‚ and any other capabilities and habits acquired by man person as a member of society.” Potential cultural issues: o Difference in cultural habits and norms. Space. Space is perceived differently. Americans will feel crowded where people from more densely populated countries in Europe will be comfortable. Time. Monochronic cultures tend to value precise scheduling
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Consideration Student Name Instructor Name University Affiliation Date Abstract Consideration is the price that the promisor asks in exchange for their promise‚ that is‚ the price of a given promise. Consideration is not a significant part of a contract in a number of jurisdictions. Once parties have reached a binding agreement‚ that becomes sufficient. Nevertheless‚ the common law requires that for agreement to be binding‚ the person to whom a promise is made (promisee) must offer
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Smith-Ch-13.qxd 2/22/2008 9:16 PM CHAPTER Page 219 13 Cross-Cultural Approaches to Leadership Zeynep Aycan Arabs worship their leaders—as long as they are in power! —House‚ Wright‚ and Aditya (1997‚ p. 535) The Dutch place emphasis on egalitarianism and are skeptical about the value of leadership. Terms like leader and manager carry a stigma. If a father is employed as a manager‚ Dutch children will not admit it to their schoolmates. —House et al. (1997‚ p. 535) The Malaysian leader is expected
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Cultural‚ Ethical and Legal Considerations in Psychological Testing Cultural Considerations in Psychological Testing Culture differs in every part of the world and in these differences; psychology addresses the people who take part in the idea of culture and its practices. In psychological testing‚ many issues are raised regarding how such tests are appropriate for different groups of people‚ underlying their traditions‚ races‚ and sex. It has always been a challenge for testing and assessment
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Consideration In contract law consideration is concerned with the bargain of the contract. A contract is based on an exchange of promises. Each party to a contract must be both a promisor and a promisee. They must each receive a benefit and each suffer a detriment. This benefit or detriment is referred to as consideration. Consideration must be something of value in the eyes of the law - (Thomas v Thomas). This excludes promises of love and affection‚ gaming and betting etc. A one sided promise
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