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Comparative Management Issues - International Management - Lecture Slides, Slides of International Management

International Management is one of the important and most interesting course. It's keywords are: Comparative Management Issues, Micro Issues, Macro Issues, Industrialization Level, Leadership Styles, Brazilian Management, Chile Management, European Management Style

Typology: Slides

2013/2014

Uploaded on 01/29/2014

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Comparative Management Issues

Macro/Micro Issues

• MACRO ISSUES
  • Industrialization Level
  • Economic system
  • Political History and System
  • Regional Integration
  • Union Structure
  • Consolidation of firms.
• MICRO ISSUES
  • Leadership Styles
  • Decision Making
  • Governance Mechanisms
  • Formal/Informal Structure

Brazilian Management

  • Management style is paternalistic.
  • Changes are made, albeit slowly, and require a considerable

amount of thought, planning and evaluation.

  • Brazil is a fluid time culture, and, as is the case with many

fluid time cultures, it is also very relationship-oriented.

  • Very Hierarchical. Power is held in the hands of the few.

Great deference is paid to authority figures.

  • The emerging idea of Ricardo Semla (SEMCO). This model

emphasizes democracy, the wisdom of employees and the

counter productiveness of control.

India Management

  • Highly Religious and Moralistic
  • Status Conscious
  • High Power Distance
  • Formality very high
  • Low levels of Uncertainty Avoidance
  • Low level of long range planning
  • Collectivism

Managing in the Arab World

  • Arabized Theory and Islamic

approach to modern

management thought.

Influence of Sheikocracy

  • Formal Authority
  • Rules
  • Indecisiveness
  • Centralized Decision

Making.

  • Personal rather than

institutional arrangement

  • Subordination of efficiency

to human relations

  • Concession and

Compromise

  • People Orientation
  • Tribal and Family Loyalty.

Korean Management

  • Characteristics of Successful CEOs Respect for employees Nurturing and spiritual care of employees Initiating attitude Tenacity and sense of calling
    • Competency and development of technology.
    • Can do spirit.
    • Achievement oriented

Management Styles in Selected African

Countries

  • Some generalizations particularly in some of African

bigger economies, like South Africa, Kenya and

Nigeria.

  • The concept of “Ubuntu” humaneness The idea

that a person’s worth is tied to other people’s

worth.

  • The non-instrumental view of Human resources
  • Loyalty to social group, importance of age,

hierarchy, social pressure

Management Styles in Selected African

Countries

  • Importance of relationships
  • Meritocracy, and increasingly collaborative management style in South Africa, but probably not as much in Kenya and Nigeria
  • While time and deadlines are more structures in South Africa, they trend to be more fluid in Nigeria and Kenya
  • Management style more paternalistic, and more centralization

European Management Style

  • Is this a construct more in the mind of non-Europeans?
  • Is it true that approaches to management are homogeneous in the region?
  • Thames Valley/Rhine Valley Dichotomy
  • Anglo-Saxon View emphasis on competitive advantage, resource based view of strategy, and capital asset pricing model.

European Management Style

  • The Rhine Model emphasizes stability, social solidarity and long term survival. Investment in human capital, heavy R& D.
  • Experience from practice does show that neither model has superiority over the other.
  • The combination of the characteristics of the two models may be the ideal.