Management: Managing in A Global Environment
Management: Managing in A Global Environment
Management: Managing in A Global Environment
Chapter Managing in a
4 Global
Environment
Copyright © 2010 Pearson Education, Inc. Publishing as Prentice Hall 4–1
Learning Outcomes
Follow this Learning Outline as you read and study
this chapter.
Long-Term
Long-Term
versus
versus Power
Power
Short-Term
Short-Term Distance
Distance
Orientation
Orientation Culture
Culture
Achievement
Achievement Uncertainty
Uncertainty
versus
versus Avoidance
Avoidance
Nurturing
Nurturing
Individualistic Collectivistic
United States, Canada Japan Mexico, Thailand
Australia
Achievement Nurturing
United States, Japan, Canada, Greece France, Sweden
Mexico
Source: M. Javidan and R. J. House, “Cultural Acumen for the Global Manager: Lessons from Project GLOBE,” Organizational Dynamics,
Spring 2001, pp. 289–305. Copyright © 2001. Reprinted with permission from Elsevier.
Copyright © 2010 Pearson Education, Inc. Publishing as Prentice Hall 4–25
Global Management in Today’s
World
• Challenges
Openness associated with globalization
Significant cultural differences (e.g., Americanization)
Adjusting leadership styles and management
approaches
• Risks
Loss of investments in unstable countries
Increased terrorism
Economic interdependence