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Individual project - Essay Example

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The contemporary business environment stands to be typical in the sense that the globalization of economies has not only made it possible for the companies to extend their activities and operations around the world, but the enhanced usage of internet and digital modes of…
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Individual project
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Individual project

Download file to see previous pages... Many of the employees consider cultural diversity to be merely about dealing with colleagues and customers affiliated to varied nations and races. In fact, nothing could be far from the truth. Accepting cultural diversity is about having a right approach to modern business. Quintessentially speaking, accepting cultural diversity or adapting to cross-cultural ethos is about understanding, professing and accepting allegiance to the age-old values of good communication, respect for personal and individual differences and work place and professional variations. People come across and face diversity in all the aspects of life, are it at home or at work. Diversity may not necessarily ensue from color, nationality or race, but may be political, technical, legal or ethical in its origins. Diversity is an inalienable aspect of the general fabric of the modern multicultural societies and a globalized economy and businesses being a part of the society are not devoid of it. In such a scenario, it is imperative for the employees to not to consider the cross-cultural issues in business as barriers, but to regard diversity as an asset and to try to learn the ways to adapt to and benefit from diversity.
This topic is very relevant to this plan. It is important that the employees working within the organization realize that the current global environment is fast shifting towards a multi-polar equilibrium. The current economic order relies for its sustenance on comparative cultural advantages (Culpepper, 2000). The business technologies and skills within the specific nations have evolved around their fundamental cultural mores and peculiarities. For example, the Japanese excel in quality, the Chinese are known for their entrepreneurial skills, Koreans command a lead in manufacturing, whereas as the West leads in innovation and technology. The employees should not only be able to benefit from the comparative cultural ...Download file to see next pagesRead More
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Individual Project
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