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Western Business Cultures vs. Eastern Business cultures: Differences in Management Styles - Essay Example

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Management style is referred to as the way companies manage their internal operations, level of hierarchy,behavior etc. According to the different sets of cultures, norms and traditions, the way by which companies do businesses varies…
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Western Business Cultures vs. Eastern Business cultures: Differences in Management Styles
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"Western Business Cultures vs. Eastern Business cultures: Differences in Management Styles"

Download file to see previous pages There are different sorts of management styles, some of the most prominent are: Autocratic Style of Management Democratic Style of Management Lenient/ Liberal Style of Management Paternalistic Style of Management Just like different tradition and culture of every country, an internal organizational culture also varies from company to company. The way due to which these management styles vary depends upon the internal culture of the company. All over the world, some way or other the management style is categorized in the above mentioned criterion. It primarily depends upon the top management that which management style do they prefer as per the requirements of their organization for instance, in the reign of Steve Jobs, management style of Apple Inc. was more towards Autocratic style of management whereas Management style of Coca Cola is categorized as Democratic. Asian Management Style verses Western Management Theories: a case study in Construction Project Management of Singapore Pheng and Leong (2001) have examined the case of Singapore in order to identify whether there are any variations in the management styles of organizations in Eastern companies and Western theories. Pheng and Leong (2001) analyzed the sector of Construction Project Management of Singapore so as to conduct this study. ...
If this would be the core reason, then the economy of Singapore would also have suffered just like its neighboring countries. The Asian Management style is the one aspect but the reason of this drastic economic problem is multi-faceted. Another important concept which is debatable is that: Is the Asian management style can really be not explained by Western Management theories? because according to Western managerial experts, it is the root cause of all the problems related to economic crisis. As Singapore is a small country, it is of course not spared from the drastic effects of economic crisis. Companies which are situated in Singapore have taken appropriate measures to cope up with the Asian economic crisis. Some of the measures to tide the crisis include substantial cost cutting of suppliers, sourcing raw material directly from suppliers, persuading the participation of individual, introducing new methods, techniques and strategies for managerial control and improving the level of communication. While at both corporate and governmental level, measures are taken to reduce the cost, the style of management is also an arguable question. The major difference between Western and Eastern style of management is that in Western organization, employees are empowered to take the autonomy and participate the way they think is better. Employees are encouraged to bring innovative results and make mistakes. This induces the employees to bring in their own skills, professionalism and expertise in their work. Therefore, there becomes a positive relation between the professional skills and western style of management. This is the basic reason which is why western companies are way ahead than Asian countries. ...Download file to see next pagesRead More
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