Organizational Culture And Competitive Advantage In Multinational Companies

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Organizational Culture and Competitive Advantage in Multinational Companies

Author : Victoria Miroshnik
Publisher :
ISBN 13 : 9781138782549
Total Pages : 264 pages
Book Rating : 4.7/5 (825 download)

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Book Synopsis Organizational Culture and Competitive Advantage in Multinational Companies by : Victoria Miroshnik

Download or read book Organizational Culture and Competitive Advantage in Multinational Companies written by Victoria Miroshnik and published by . This book was released on 2014-06-16 with total page 264 pages. Available in PDF, EPUB and Kindle. Book excerpt: In multinational corporations, the transmission of organizational culture is an important part of communication between headquarters and subsidiaries; a parent company should be able to successfully transfer core values to the subsidiaries worldwide in order to enhance the firm's overall performance. And yet attention to organizational culture and commitment is demonstrated differently around the globe: organizational commitment as a concept in management literature continues to lose traction in the West, while Japanese multinational companies are increasing their emphasis on creation and maintenance of employee commitment. This book examines whether the same levels of commitment can be formed in subsidiaries as in parent company headquarters under the influence of organizational culture. Author Victoria Miroshnik evaluates the relationship between organizational commitment and organizational culture in a multinational company of Japanese origin, and explores the firm's success or failure in transmitting these relationships to its subsidiaries across national boundaries. This is the first volume to interrogate links between organizational commitment, firm performance, and competitive advantage.

Corporate Culture in Multinational Companies

Author : V. Miroshnik
Publisher : Springer
ISBN 13 : 1137447664
Total Pages : 216 pages
Book Rating : 4.1/5 (374 download)

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Book Synopsis Corporate Culture in Multinational Companies by : V. Miroshnik

Download or read book Corporate Culture in Multinational Companies written by V. Miroshnik and published by Springer. This book was released on 2014-09-30 with total page 216 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book explores the value component of corporate culture of companies and their relationship with production efficiency and personal values of the employee. The authors combine both qualitative analysis of the experiences of leaders of these organizations and the most advanced quantitative analysis regarding the corporate performances.

Win from Within

Author : James Heskett
Publisher : Columbia University Press
ISBN 13 : 0231554826
Total Pages : 274 pages
Book Rating : 4.2/5 (315 download)

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Book Synopsis Win from Within by : James Heskett

Download or read book Win from Within written by James Heskett and published by Columbia University Press. This book was released on 2022-01-04 with total page 274 pages. Available in PDF, EPUB and Kindle. Book excerpt: There is significant evidence that an effective organizational culture provides a major competitive edge—higher levels of employee and customer engagement and loyalty translate into higher growth and profits. Many business leaders know this, yet few are doing much to improve their organizations’ cultures. They are discouraged by misguided beliefs that an executive’s tenure and an organization’s attention span are too short for meaningful transformation. James Heskett provides a roadmap for achievable and fast-paced culture change. He demonstrates that an effective culture supplies the trust that makes managing change of all kinds easier. It provides a foundation on which changes in strategy can be based, and it’s a competitive edge that can’t easily be hacked or copied. Examining leading companies around the world, Heskett details how organizational culture makes employees more loyal, more productive, and more creative. He discusses how to quantify its effects in order to sell the notion of culture change to the organization and considers how to preserve an organization’s culture in the face of the trend toward remote work hastened by the COVID-19 pandemic. Showing how leadership can bring about significant changes in a surprisingly short time span, Win from Within offers a playbook for developing and deploying culture that enables outsized results. It is a groundbreaking demonstration of organizational culture’s role as a foundation for strategic success—and its measurable impact on the bottom line.

Corporate Culture

Author : Eric Flamholtz
Publisher : Stanford University Press
ISBN 13 : 0804777543
Total Pages : 261 pages
Book Rating : 4.8/5 (47 download)

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Book Synopsis Corporate Culture by : Eric Flamholtz

Download or read book Corporate Culture written by Eric Flamholtz and published by Stanford University Press. This book was released on 2011-04-08 with total page 261 pages. Available in PDF, EPUB and Kindle. Book excerpt: Organizational culture is a quiet, but driving, influence on our perception of a company, whether as a consumer or as an employee. For instance, we know Southwest Airlines as laid back and friendly. We think of Google as innovative. To almost every well-known company we can assign a character. It is now well recognized that corporate culture has a significant impact on organizational health and performance. Yet, the concept of corporate culture and culture management is too often tantalizingly elusive. In this book, Flamholtz and Randle define culture, identifying and explaining the five key dimensions that determine it: a customer orientation; a people orientation; a process orientation; strong standards of performance and accountability; innovation and openness to change. They explain why culture is a critical factor in organizational success and failure—a key determinant of financial performance. Then, they provide a theoretically sound, highly practical, and field-tested method for managing corporate culture—presenting a set of international and domestic cases that show how actual companies have leveraged culture as the ultimate source of sustainable competitive advantage. In addition to well-known companies such as Starbucks, Ritz-Carlton, American Express, IBM, and Toyota, the text presents lesser known culture stars, such as Smartmatic and Infogix. While other titles on culture have focused too heavily on the organization as a psychological being, or on academic studies of culture as a business lever, Corporate Culture draws on empirics to present a go-to, must-read guide for leveraging corporate culture as a source of competitive advantage and as a means of impacting the bottom line.

Managing Corporate Culture for International and Global Competitive Advantages in the Airline Industry

Author : Lisa Guhl
Publisher : GRIN Verlag
ISBN 13 : 3668349487
Total Pages : 32 pages
Book Rating : 4.6/5 (683 download)

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Book Synopsis Managing Corporate Culture for International and Global Competitive Advantages in the Airline Industry by : Lisa Guhl

Download or read book Managing Corporate Culture for International and Global Competitive Advantages in the Airline Industry written by Lisa Guhl and published by GRIN Verlag. This book was released on 2016-11-24 with total page 32 pages. Available in PDF, EPUB and Kindle. Book excerpt: Seminar paper from the year 2015 in the subject Business economics - Business Management, Corporate Governance, grade: 1,7, University of applied sciences, Düsseldorf, language: English, abstract: Ever since globalization has started companies have been looking for ways to compete successfully on a global scale. Trends in the global environment such as rapid communication, technology innovation, and global sourcing models requiring to manage cultural differences are still challenging for many industries (cp. Yip, 2003, pp. 1–3). The airline industry being itself a reason for an increasing borderless world also faces these global trends and high competition due to expansion, consolidation, concentration, and alliances. Terrorism and rising costs for fuel, labour, maintenance, and security have not been the only threats for the industry. Also rising customer expectations e.g. regarding comfort, entertainment, experience, convenience, innovation, personalization and value for money require the airline industry to change dynamically. Moreover, airlines face demands for pollution control, corporate social responsibility, and sustainable travel. Rising competition from low-cost carriers is also relevant since their share of global capacity increased to more than 25 % in 2013. So, even if demand for air transportation has grown by an average of 9 % per year since 1960, and global airline revenues reached a new high of US$708 billion in 2013, airlines need to find ways to stand international and global competition as their environment potentially endangers profits and economic survival (cp. Lynes & Dredge, 2006, pp. 122–129; PricewaterhouseCoopers, 2014, pp. 2–3).

The Importance of National and Corporate Culture on International Management

Author : Eva Schruff
Publisher : GRIN Verlag
ISBN 13 : 3656965633
Total Pages : 17 pages
Book Rating : 4.6/5 (569 download)

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Book Synopsis The Importance of National and Corporate Culture on International Management by : Eva Schruff

Download or read book The Importance of National and Corporate Culture on International Management written by Eva Schruff and published by GRIN Verlag. This book was released on 2015-05-21 with total page 17 pages. Available in PDF, EPUB and Kindle. Book excerpt: Seminar paper from the year 2012 in the subject Business economics - Business Management, Corporate Governance, grade: 1,3, Berlin School of Economics and Law, course: Work Business and Society, language: English, abstract: This term paper explores the effect of culture on international business. In order to do so, it first evaluates the influence of national culture and then the influence of corporate culture on international management. In the end it presents and analyzes a new framework which argues that these two types of culture interrelate and that both shape international management practices. In 2010 Wal-Mart Inc. has been the world’s top retailer with revenues of US$ mil 405,046. However, they have never managed to establish Wal-Mart Germany since they have entered the market in late 1997. They left the market with huge losses in 2006. “In Germany, analysts say, Wal-Mart never got traction in a market characterized by unrelenting price competition, well-established discounters and the cultural resistance of German shoppers to hypermarkets, which sell fresh vegetables a few aisles away from lawn mowers.”

The Culture Cycle

Author : James L. Heskett
Publisher : FT Press
ISBN 13 : 0132779781
Total Pages : 385 pages
Book Rating : 4.1/5 (327 download)

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Book Synopsis The Culture Cycle by : James L. Heskett

Download or read book The Culture Cycle written by James L. Heskett and published by FT Press. This book was released on 2012 with total page 385 pages. Available in PDF, EPUB and Kindle. Book excerpt: The contribution of culture to organizational performance is substantial and quantifiable. In The Culture Cycle, renowned thought leader James Heskett demonstrates how an effective culture can account for 20-30% of the differential in performance compared with "culturally unremarkable" competitors. Drawing on decades of field research and dozens of case studies, Heskett introduces a powerful conceptual framework for managing culture, and shows it at work in a real-world setting. Heskett's "culture cycle" identifies cause-and-effect relationships that are crucial to shaping effective cultures, and demonstrates how to calculate culture's economic value through "Four Rs": referrals, retention, returns to labor, and relationships. This book: Explains how culture evolves, can be shaped and sustained, and serve as the organization's "internal brand." Shows how culture can promote innovation and survival in tough times. Guides leaders in linking culture to strategy and managing forces that challenge it. Shows how to credibly quantify culture's impact on performance, productivity, and profits. Clarifies culture's unique role in mission-driven organizations. A follow-up to the classic Corporate Culture and Performance (authored by Heskett and John Kotter), this is the next indispensable book on organizational culture. "Heskett (emer., Harvard Business School) provides an exhaustive examination of corporate policies, practices, and behaviors in organizations." Summing Up: Recommended. Reprinted with permission from CHOICE, copyright by the American Library Association.

Managing Cultural Differences

Author : Lisa Adent Hoecklin
Publisher : Financial Times/Prentice Hall
ISBN 13 :
Total Pages : 176 pages
Book Rating : 4.3/5 (91 download)

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Book Synopsis Managing Cultural Differences by : Lisa Adent Hoecklin

Download or read book Managing Cultural Differences written by Lisa Adent Hoecklin and published by Financial Times/Prentice Hall. This book was released on 1995 with total page 176 pages. Available in PDF, EPUB and Kindle. Book excerpt: On competitive management

Organizational Culture and Commitment

Author : V. Miroshnik
Publisher : Springer
ISBN 13 : 1137361638
Total Pages : 357 pages
Book Rating : 4.1/5 (373 download)

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Book Synopsis Organizational Culture and Commitment by : V. Miroshnik

Download or read book Organizational Culture and Commitment written by V. Miroshnik and published by Springer. This book was released on 2013-11-29 with total page 357 pages. Available in PDF, EPUB and Kindle. Book excerpt: Formation of company citizenship leads to success for the multinational companies by creating psychological alignments of the employee. This, therefore, should be considered as the international strategy of a multinational firm to create unique resources for competitive success. Successful multinational firms develop a common pattern of business performance by creating company citizenships, which include a primary focus on such values as organizational innovation, and a goal orientation. These values ultimately create commitment of the employees. This book proposes that there are some specific espoused values in every important multinational company, which form their organizational cultures and create values, which in turn may create enhanced performance of the organization. We can call this interrelationship between culture and performance as the company citizenship. This company citizenship can be transmitted from one part of the globe to another through the transmission of its corporate management and operations management system as a strategy of a multinational company.

Danger and Opportunity

Author : Lionel Laroche
Publisher : Routledge
ISBN 13 : 1135119384
Total Pages : 300 pages
Book Rating : 4.1/5 (351 download)

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Book Synopsis Danger and Opportunity by : Lionel Laroche

Download or read book Danger and Opportunity written by Lionel Laroche and published by Routledge. This book was released on 2014-01-21 with total page 300 pages. Available in PDF, EPUB and Kindle. Book excerpt: The Chinese characters for "danger" and "opportunity" form the word "crisis". Ancient Chinese wisdom sees an opportunity in danger. While cultural diversity brings challenges to the workplace, how do we turn these challenges into opportunities? Drawing on their extensive experience working with multicultural and multinational organizations, Lionel Laroche and Caroline Yang provide an in-depth analysis of cross-cultural dynamics in the workplace and offer practical suggestions at both the individual and organizational levels. The book analyzes cross-cultural challenges in six areas: the relative importance of technical and soft skills; cross-cultural communication; cross-cultural feedback; hierarchy; individualism; and risk tolerance. It then provides a solutions framework that encompasses people, systems and environment to bridge the issues that arise from cultural differences. The analysis and solutions are applied in four business contexts: managing a multicultural workforce; competing in the global talent market; collaborating with joint venture partners; and working with offshore resources. If you work with colleagues, managers, employees and customers from diverse cultures, if you are with an organization that has a multicultural workforce and/or global operations, or if your organization collaborates with joint venture partners or offshore resources from different cultures, then Danger and Opportunity: Bridging Cultural Diversity for Competitive Advantage is the book for you.

Cultural Variations and Business Performance: Contemporary Globalism

Author : Christiansen, Bryan
Publisher : IGI Global
ISBN 13 : 1466603070
Total Pages : 419 pages
Book Rating : 4.4/5 (666 download)

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Book Synopsis Cultural Variations and Business Performance: Contemporary Globalism by : Christiansen, Bryan

Download or read book Cultural Variations and Business Performance: Contemporary Globalism written by Christiansen, Bryan and published by IGI Global. This book was released on 2012-03-31 with total page 419 pages. Available in PDF, EPUB and Kindle. Book excerpt: "This book offers the latest research in the field of Business Performance Management in the global economic environment of present conditions while looking at business as a whole entity instead of only at the divisional level"--Provided by publisher.

Diversity in Multinational Corporations

Author : Roxana Maiorescu
Publisher : Routledge
ISBN 13 : 1317282574
Total Pages : 276 pages
Book Rating : 4.3/5 (172 download)

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Book Synopsis Diversity in Multinational Corporations by : Roxana Maiorescu

Download or read book Diversity in Multinational Corporations written by Roxana Maiorescu and published by Routledge. This book was released on 2016-10-26 with total page 276 pages. Available in PDF, EPUB and Kindle. Book excerpt: Globalization, information and communication technologies, and the millennials who have entered the workforce, compelled corporations to change their resistant and defensive approaches to diversity and to proactively address differences. Companies determined that embracing diversity positively impacts their bottom line, as a result of the variety of perspectives and skills that derive from fostering a diverse workforce. To date, the majority of the studies in the business and communication fields shed light on diversity engagement in the US and leave room for the further exploration of how diversity is construed and approached in international milieus. There is a paucity of recent studies on diversity engagement in the US and the topic requires current investigation of the newest corporate engagement in diversity. Diversity in Multinational Corporations aims to address the two gaps in the literature. For this purpose, the book analyzes the diversity approaches of twenty-eight US companies from ten industries to develop a theoretical framework whose practical application enables companies to make significant contributions to the environments in which they operate. The framework addresses the present challenges that American corporations face in their diversity engagement, namely low employee engagement and "diversity fatigue," and proposes the implementation of a new social responsibility approach, whose aim is to address inequality at a global scale by adaption to the local environment and less focus on immediate business benefits. Finally, because the book discusses diversity engagement in global business environments, its results can be applied by international companies that operate at a global scale.

Managing Complexity in Global Organizations

Author : Ulrich Steger
Publisher : John Wiley & Sons
ISBN 13 : 9780470513118
Total Pages : 312 pages
Book Rating : 4.5/5 (131 download)

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Book Synopsis Managing Complexity in Global Organizations by : Ulrich Steger

Download or read book Managing Complexity in Global Organizations written by Ulrich Steger and published by John Wiley & Sons. This book was released on 2007-04-04 with total page 312 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book delivers new IMD insights on an emerging challenge - how to deal with overwhelming complexity. Global organizations face a complex decision-making environment. On one side, diversity of cultures, customers, competitors and regulations creates complexity; on the other, competitive pressures cause expanding countries to extract more synergies across products and regions. In such a climate, a new way of thinking, acting and organizing is needed beyond the familiar ‘control’ mindset. Drawing together insights from across the expert faculty, Managing Complexity in the Global Organization presents IMD’s framework on how to understand complexity and its four key drivers (diversity; interdependence; ambiguity and flux), along with solutions on specific issues in a variety of functions, industries and markets. The focus is on providing practical solutions based on real-life examples.

Cultural Diversity is a source of international competitive advantage.

Author : Stefanie Hoffmann
Publisher : GRIN Verlag
ISBN 13 : 3638501531
Total Pages : 14 pages
Book Rating : 4.6/5 (385 download)

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Book Synopsis Cultural Diversity is a source of international competitive advantage. by : Stefanie Hoffmann

Download or read book Cultural Diversity is a source of international competitive advantage. written by Stefanie Hoffmann and published by GRIN Verlag. This book was released on 2006-05-15 with total page 14 pages. Available in PDF, EPUB and Kindle. Book excerpt: Essay from the year 2005 in the subject Leadership and Human Resources - Miscellaneous, grade: 63% - B, Cardiff University, language: English, abstract: Companies all over the world have always tried to create and capitalise on competitive advantages, ensuring profitability and long term survival. Due to the increasing competition in most markets, mainly caused by globalization, liberalisation and better information of the customers, the need to gain advantages in competition is now more essential than ever. This essay, labelled “Cultural diversity is a source of international competitive advantage. Critically evaluate”, shall point out the complexity of this topic. “What business strategy is all about; what distinguishes it from all other kinds of business planning - is, in a word, competitive advantage. Without competitors there would be no need for strategy, for the sole purpose of strategic planning is to enable the company to gain, as effectively as possible, a sustainable edge over its competitors.” Keniche Ohnae (http://www.quotationspage.com/quote/8183.html: accessed on 30.11.2005) Michael Porter, professor at the Harvard Business School, stated that competitive advantages depend on different factors like the availability of resources, the size and sophistication of the market or the type of strategic networks. (Schneider and Barsoux, 1997) He also said that choosing the right strategies make the company unique, build brand reputation or set the right goal. (Porter, 2005) In general, competitive advantage is often associated with specific business operations like mentioned above. Little people think that also cultural diversity provides a source of competitive advantage. [...]

Managing Cultural Differences for Competitive Advantage

Author : Lisa Adent Hoecklin
Publisher :
ISBN 13 :
Total Pages : 158 pages
Book Rating : 4.3/5 (21 download)

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Book Synopsis Managing Cultural Differences for Competitive Advantage by : Lisa Adent Hoecklin

Download or read book Managing Cultural Differences for Competitive Advantage written by Lisa Adent Hoecklin and published by . This book was released on 1993 with total page 158 pages. Available in PDF, EPUB and Kindle. Book excerpt: Discusses the impact of cultural diversity on management and on international business and describes strategies for doing business in multicultural environments. Includes a directory of organizations offering cross-cultural development consultancy and a selection of leading business school executive courses in cross-cultural management.

Globalizing Management

Author : Vladimir Pucik
Publisher : Wiley
ISBN 13 : 9780471304913
Total Pages : 372 pages
Book Rating : 4.3/5 (49 download)

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Book Synopsis Globalizing Management by : Vladimir Pucik

Download or read book Globalizing Management written by Vladimir Pucik and published by Wiley. This book was released on 1993-10-28 with total page 372 pages. Available in PDF, EPUB and Kindle. Book excerpt: A team of international scholars and practitioners offer a variety of ideas that contribute to a new vision of the global firm in a contemporary competitive environment. Provides in-depth coverage of the most promising concepts and methods of managing and developing people in global organizations and demonstrates how human resource programs in global companies respond to ever-increasing change in world technology, economics, politics and culture.

Corporate Governance and Effectiveness

Author : Dipak R. Basu
Publisher : Routledge
ISBN 13 : 0429838093
Total Pages : 218 pages
Book Rating : 4.4/5 (298 download)

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Book Synopsis Corporate Governance and Effectiveness by : Dipak R. Basu

Download or read book Corporate Governance and Effectiveness written by Dipak R. Basu and published by Routledge. This book was released on 2018-12-06 with total page 218 pages. Available in PDF, EPUB and Kindle. Book excerpt: The book looks at the corporate management system and how it affects company performance. The main theme revolves around the notion that when a company values its workers and their satisfaction, that company can achieve success. The book is unique in its quantitative perspective and analysis and examines whether a corporate management system can be regarded as a source of a firm's competitive advantage by creating a sustainable competitive advantage and firm performance. The book examines how, in the context of Japanese multinational corporations (MNCs), corporate management can be part of an MNC's strategy in enhancing its capabilities, both in the home and abroad, in Japan and in Thailand. Also, it analyses the reason for the demise of two major Indian companies, Dunlop and Hindustan Motors in terms of their unsympathetic management systems.