Cultural differences, while difficult to observe and measure, are obviously very important. Failure to appreciate and account for them can lead to embarrassing blunders, strain relationships, and drag down business performance. While some organizations are able to make cultural diversity a source of advantage, others do not. Identify a recent situation in the news in which an organization failed to consider the various cultural norms of stakeholders. Where did they fail and what would you recommend based on your readings, research, and Hofstede’sCultural Dimensions? — 500 Words with APA references
Cultures around the world are getting more and more interconnected and the business world is becoming increasingly global. For managers this means that they should be able to work with a large variety of people from different countries and cultural backgrounds. However, since most people are so strongly immersed in their own culture, they often fail to see how it affects their patterns of thinking or their behavior. To overcome this, researchers suggest some kind of tools or mechanisms with which to compare countries on cultural similarities and differences. A number of attempts have been made to combine these cultural differences across borders (e.g. the GLOBE study, Trompenaars’ cultural dimensions and Hall’s cultural dimensions). However, the most-used and best-known framework for cultural differences is Geert Hofstede’s Cultural Dimensions.