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Context of Business: Trends

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Presentation on theme: "Context of Business: Trends"— Presentation transcript:

1 Global Business Conditions and Implications for the Management of Organizations and People

2 Context of Business: Trends
More competition More complexity More uncertainty More interdependence Domestic: Task envir: customers, suppliers, regulatory agencies, labor unions General envir: political, social/cultural, economic, technological (and then multiply it by 5 or 10 or 20 when going international and global

3 Effects of the Contextual Trends on Business Strategy
More emphasis on speed More emphasis on customer service More emphasis on entrepreneurial activity More emphasis on cost reduction More emphasis on technology integration More emphasis on global awareness/learning

4 Expected Effects of the New Strategies for Organizational Behavior and Structure
More flexibility and decentralization More global sourcing for lower costs More motivation to understand foreign customers and foreign economies Better management practices for global human resources More techno-savvy employees

5 Actual Trends More promotion of empowerment and equality (horizontal management) More promotion of diversity More flexible work practices More emphasis on customer service More rewards for innovation More emphasis on team performance

6 What would you predict about High Context cultures?
Empowerment Diversity Flexible work practices Customer service Innovation Team performance

7 What would you predict about Low Context cultures?
Empowerment Diversity Flexible work practices Customer service Innovation Team performance

8 What would you predict about Individualistic cultures?
Empowerment Diversity Flexible work practices Customer service Innovation Team performance

9 What would you predict about Collectivist cultures?
Empowerment Diversity Flexible work practices Customer service Innovation Team performance

10 What would you predict about Uncertainty Avoidant cultures?
Empowerment Diversity Flexible work practices Customer service Innovation Team performance

11 What would you predict about Uncertainty Tolerant cultures?
Empowerment Diversity Flexible work practices Customer service Innovation Team performance

12 Preferences by Cultural Groups or Countries
US/Anglo France Japan Korea Brazil/South America

13 US/Anglo More emphasis (than others) on empowerment, diversity, equality, flexible work practices, customer service and team-orientation Increased emphasis in all those areas Less emphasis (than others) on centralization

14 France More emphasis (than others) on centralization
Increased emphasis on customer service Less emphasis (than others) on diversity, equality, flexible work practices

15 Japan More emphasis (than others) on customer service, team-orientation and centralization Less emphasis (than others) on diversity and equality, flexible work practices

16 Korea More emphasis (than others) on centralization and IT
Increased emphasis on customer service

17 Brazil/South America More emphasis (than others) on centralization
Increased emphasis on empowerment, using IT and some team orientation Less emphasis on flexible work practices


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