Name Professor Subject Date Crossing Cultural Boundaries in Business Globalization has made it possible for companies to conduct business aggressively in different countries for expansion. Take the case of the world’s largest food chain - McDonald that has continuously expanded their operations to 119 countries…
Having said that, there are four dimensions in Hofstedes that can be used as a basis for minimizing the risk of managing culture issues in operations. It is highly suggested that the following intercultural dimensions be sought: low power distance, low uncertainty, low individualism and low masculinity. Each of these dimensions would be discussed so readers would understand how these factors can increase the probability of a successful business in a host country. Low power distance would lead to more efficient decision-making inside the organization. If the host country has low power distance, it is easier to work through teams because people would not get tangled with organizational hierarchy. Instead, small groups can be established and team members can openly make suggestions. Everyone accepts responsibility for their mistakes and team members must learn how to collaborate closely. This empowers the employees by allowing them to responsible for their decisions. Low uncertainty can lead to a competitive advantage – innovation. Competition is intense due to globalization thus it is important for an organization to move fast. Cultures with low uncertainty are more open to change and can easily adapt to changes. ...
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These privacy policies cover the aspects which are deemed as important for understanding how the organization looks up to the rules and measures in place. These tell the employees exactly what it wants of them and how much liberty the organization is ready to give in return.
Numerous laws have been developed to help in creating standards of relations between the employee and the employers. Trade unions With regard to managing employee relations, there are a number of things that managers need to understand. Labour unions are a significant factor to consider for Human resource managers.
The current job market is now a complete opposite of what it used to be some years back, and any potential or current job seekers need to stay on the alert of continually increasing requirements and qualifications.
Globalization has introduced new ideologies that have replaced the traditional thinking perspectives. The reception of globalization in each specific culture varies, but a close analysis reveals the aspects of life that change. This brings in the aspect of globalization, used to denote the various ways in which each distinct culture localizes globalization.
This interest has further grown during the last years where the economic crisis has fostered implications on the employee relations (Gennard, 2009)
The economic crisis resulting from the collapse of financial markets is evident
If mutual trust is not there then various organizational problems will occur.
Communication: Effective communication process is one of the important elements for maintaining good employment relationship. With the help of communication various problematic