Modern Day, Multi National Companies Are Becoming More Popular, Behavioral, Quantitative, And Modern

Management, and the ability to lead and cultivate a team of individuals who strive to meet targets, work hard, and have loyalty to their company is an extremely difficult task by any standards. It requires a unique kind of person who is both demanding and rewarding, who can handle confrontation and who holds people to reasonable standards while encouraging teamwork and cooperation. This alone makes running a company, and finding upper and middle managers to facilitate plans and goals a worthy task, but with the advent of fast paced globalization, companies are now having to handle not only their internal management styles, but the management styles of a variety of different countries and cultures.

According to Morgan he describes how organizations “are designed like machines, and their employees are in essence expected to behave as if they were parts of the machine” (Morgan, 13). Organizations that are “designed and operated as if they were machines are … usually called bureaucracies” (Morgan, 13). One of the benefits of having a bureaucracy is that it allows employees to work on one key function of the organization. It can enhance the organization’s internal controls and safeguard its assets by making people responsible to depend on others in order to carry out a specific

It is hypothesized that cultural differences in behaviour will mean differences in HRM practices within different cultures but those within the same cultural cluster will be similar whereas those in different clusters will be dissimilar. Employees and managers from different cultures take decisions in different ways – the processes, behaviours and values are not the same. People have different value orientations as a result of individual psychology, life-stage and generation and assumptions about behaviour determined by cultures are linked to a variety of organisational behaviours.

Globalization and technological advancement have dictated the need for managers to deal with multiple ethnic groups with different culture in their day to day interactions. According to Kulkarni (2012), cultures play critical roles in individuals, including values, beliefs, humor, worries, fears, hopes, opinions, attachments, and anxieties.

Culture has major impact on management. The increased flow of human resource from one part of the world to another resulted in creation of diversified teams. Moreover, over past few years women in Asian countries are becoming more educated and getting jobs in organizations. To manage the diversified team, managers are required to understand the cross-cultural factors and thus formulate effective strategies in order to elicit desired

According to Jackall, Bureaucracy expands the freedom of those on top by giving them the power to restrict power from those beneath them”pg 127 . Higher management have the ability to distribute their work to whomever they like and not be held accountable for anything. The only keen Once the work is done and projects are complete the small people receive a token of appreciation from their manager ,however the manager is receiving the for making the CEO look good . Moreover, the CEO are the highest on the totem pole and seldom deals with the people below. Jackall explains adeptness at inconsistency that allows lobbying to keep regulation as they are, latter saying it was standard at the time, making changes that only benefit the corporate office and the ability to say one thing and do something else. Overall, Jackall confirms, ‘bureaucracy breaks apart the older connection between the meaning of work and salvation.

Another type of bureaucracy, more common in the modern world, is the administrative system that oversees the operations of a large institution. Bureaucratic organizations are formed for this purpose. These organizations often operate in a hierarchy. By operating in this manner, the roles of the workers become clearly defined while everyone takes definite responsibility for their actions. However, these organizations are usually slow when it comes to adapting to

If I were the CEO of a multinational corporation in the 21st century, it would be critical for me to develop and employ a cross cultural approach to the leadership in consultation with Hofstede's Five Cultural Dimensions. Though I have prior knowledge of management theories and other examples of Hofstede's work, "Cultural Constraints in Management Theories" (1993) was a welcomed shock and surprise. One of the aspects of the article that struck me the most was the clear demonstration of the singularity of the American style, perspective, and application of management in the workplace. This fact made it abundantly clear to me, that as the CEO of a hypothetical multinational corporation, that it is imperative for the sake of my financial success, professional reputation, and for the sake of all my employees, I must not implement the American style of management as part of the leadership practice.

Since the world entered the new century globalization of all aspects of people’s lives has increased. More and more companies have been transformed into MNEs. According to Rugman and Collinson (2009) the number of employees working across borders nearly tripled over the last 20 years, exposing managers to various socio-cultural and ethical issues. Geert Hofstede argues that “culture is more often a source of conflict than of synergy. Cultural differences are a nuisance at best and often a disaster” (cited in The Economist, 2008, para.4).

There was a time when organizations used to operate only in domestic market. That was the time when socio-cultural competencies were not necessity skills for managers. With time organizations have expanded beyond domestic boundaries. Today organizations like Wal-Mart; Coca-Cola has their presence in almost every part of the world. Today organizations have gone global to employee people from various cultural backgrounds. It can be said that

From the research it is evident that the western best practice of management is not universally adopted. Several national cultures hold a differing opinion to the west in several areas, however it is the West of the world that provides the majority of research on management (Bealer, D. and Bhanugopan, R., 2014). Hofstede (1983) identified six dimensions of national culture independent of each other that distinguish countries from one another. Nationality is an important factor for management because it has a psychological effect on employees.

Both the authors have taken descriptive approach to elaborate in detail their respective areas of cross cultural management. As per article, “Rethinking Cross Cultural Management in a Globalizing Business World” by Soderberg & Holden (2002), due to globalisation and its increasing trend, the organisations and its environment has gone through significant changes. Thus the traditional way of defining the cross cultural management needs amendments. Further the author has elaborated that in this commitment the authors are contending for a split far from the conventional method for considering and portraying diverse administration for two fundamental reasons. To begin with, the winning idea of society as-substance, which in this logical connection is vigorously connected with national societies (and, by augmentation, country states) is distant with the hypothetical improvements of conceptualization of society and character. Moreover a conceptualization of hierarchical and national society’s too characterized and homogeneous substances is out of stage with the new economy, with its accentuation on systems administration, hierarchical learning and information as the fundamental hierarchical asset, which rises above firm, industry, and national limits. Second, the new economy requires not simply new skills and 'worldwide education but also needs to adopt 'the worldwide attitude'. A globalizing business world too needs suitable calculated apparatuses and expository methodologies of advantage to both analysts besides, specialists. Consequently the article “Cross cultural Differences in Management” by Amman & Jordan (2012) has concluded that due to cross cultural environments, the managers can encounter different impact on different areas of management. These impacts can create many limitations and barriers on different areas of business. Therefore, managers of the

Today’s work environment is becoming increasingly international in character, with managers having to deal with international issues and considerations (Wood et al, 2006). Organisations must also make a commitment to

Effective cross-cultural management has to be grounded in a detailed knowledge of individual cultures. Discuss using examples from two multinational companies.

the skill sets and aptitudes to manage in global organizations. These skills include the culture, the