BU354 Lecture 17: BU354 Cultural Differences Ch 17
Document Summary
Manage your hr according to the model and theories you learnt in this class and you will be effective. Hr practices should be designed and implemented based on cultural as well as institutional/structural contingencies. Businesses now are the most global then they ever have been. This is a critical issue for both multinational and domestic organizations. In canada there is pressure on multinational corporations: organizations with a multicultural workforce try to accommodate cultural differences in designing hrm activities to enhance the organizational bottom line. 30yrs of evidence on cultural differences and the effectiveness of the leadership. Power distance index (pdi: degree to which less powerful accept that power is distributed unequally, whether people expect and accept the inequalities. Individual vs. collectivism (idv: social framework on how much they work together, society is based on i or we, collectivism: value greater good of the group, pay for performance system: target individual performance (individualistic)
