Cross Cultural Management

Cross Cultural Management

Cross Cultural Management


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Cartes-fiches 46
Langue English
Catégorie Gestion d'entreprise
Niveau Université
Crée / Actualisé 01.01.2022 / 02.05.2022
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What does the ERPG Framework stands for?

E – Ethnocentric (decision made at HQ, no adaptation, domestic market drive international strategy) Harley
P – Polycentric (every market is uniqueness, equally importance to every market, subsidiary have decision-making autonomy) MC Donalds
R – Regiocentric (Regional strategy and culture, regional autonomy in decision making,) Adidas
G – Geocentric (global approach, nationality is ignored, global mindset,) Intel

What does the AAA Global Strategy Framework stands for?

• Adaption (Tailoring products to suit local preferences)
• Aggregation (economies of scale by regional/global efficiencies)
• Arbitrage (Exploiting differences rather than adapting them)

Name three different strategys for managing cultural differences

• Ignore (Ethnocentric, top-down, efficiency, cultural assumption = irrelevant)
• Minimize (Regiocentric, top-down or bottom-up, adaptability, cultural assumption = a problem/threat)
• Utilize (Geocentric, all channels, Synergy, cultural assumption = opportunity, advantage)

Due to the HBR Article "Leaders Can Adapt top uncertain times" Covid-19  had a major impact on how people work and HR Manager need to adjust to it. What is the recommended solution?

• Shifting from complicated to complex
• Foster a trust culture
• Make your company values foundational:
      o Value: Communication
      o Value: Trust
      o Value: Employee engagement

What are the three different strategys to implement CSR

Global CSR Approach

Transnational CSR Approach

Local CSR Approach

Doe to the HBR Article "Coronavirus is Putting CSR to the Test by Mark R.Kramer" companies can prove their CSR capabilites now with corona to which parties?

Employes

Small Suppliers

Health Care

Communities