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a system of shared values, assumptions, beliefs and norms that unite the members of an organization |
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visible culture, espoused values, core beliefs |
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three levels of corporate culture |
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pre arrival, encounter stage, metamorphosis stage |
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three stages of socialization |
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entering new markets by sending products to other countries and retaining production facilities within domestic borders |
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a firm handles the design, construction, start up operations, and workforce training of a foreign plant, and a local client is handed the key to a plant that is fully operational |
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transferring the rights to produce and sell products overseas to a foreign firm, and in return the licensing company receives a negotiated fee, normally in the form of a royalty |
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the franchisee pays a fee for using the brand name and agrees to strictly follow the standards and abide by the rules set by the franchise |
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two or more independent firms agree to establish a separate firm |
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global strategic alliances |
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coroporate arrangements between competitors or potential competitors from different countries |
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wholly owned (foreign) subsidiary |
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a means of entering new markets in which a firm fully owns its subsidiary in foreign countries |
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doing things the right way |
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strategic management, tactical managers, operational managers |
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three levels of management |
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big picure thinkers...5-10 years out |
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(1) planning and strategizing (2) organizing (3) leading (4) controlling |
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the four management functions |
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planning and strategizing |
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focuses on the firm's strategic mission, and maps out future objectives and activities |
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specifies how the firm's human, financial, physical, informational and technical resources are to be arranged and coordinated |
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energizing people to do their best individually and in cooperation with other people |
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consists of measuring performance, comparing it to objectives, and implementing necessary changes and monitoring progress |
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the attributes of self awareness, impulse control, persistence, confidence, blah blah |
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studied managers set of specific roles, interpersonal, informational, and decisional |
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(1) strategizing (2) task related (3) people related (4) self awareness |
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four major categories of skills |
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frederick taylor, looked at the one best way to do a job |
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max weber, specialization of labor, formal rules and procedures, impersonalilty, well defined hierarchy, career advancement based on merit |
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perspective views an organization as a system consisting of interrelated parts that function in a hollistic way to achieve a common purpose |
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holds that there is no one best way and that contingencies must be looked for |
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(1) power distance (2) individualism (3) uncertainty avoidance (4) masculinity/femininity (5) long/short term oriented |
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Definition
five diminsions that summarize different cultures-hofstede's model |
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the degree to which a culture allowns and maintains power and wealth differeneces between its members |
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degree tow hich a culture tolerates stress and anxiety caused by uncertainty |
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degree to which aculture fosters individual or collective achievment and interpersonal relationships |
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degree to which cultures maintain the traditional masculine work role model of male achievements, control, and power |
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the degree to which a cluture embraces or does not embrace long term devotion to traditional values |
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