Sunday, January 26, 2020

Studying The Numerous Functions Of Maybank2u Information Technology Essay

Studying The Numerous Functions Of Maybank2u Information Technology Essay Fund transfer simply means send some amount of money from an account to another account via Internet. By having this function, Maybank2u(M2U) allows its registered users to transfer fund online without having queuing at bank counter to carry out transaction. For example, parents can transfer fund to their children who study overseas by using this service. Besides, corporate user can use this function to pay their supplier and so they do not need to use cheque to make payment which is more risky compared to fund transfer because the user or supplier may lost the cheque. On Maybank2u.com, users can transfer funds between own Maybank accounts, e.g. from savings account to current account, to other Maybank accounts, to other local banks or financial institutions and transfer funds overseas. Transfer between own Maybank accounts M2U users can transfer funds between own Maybank accounts. To transfer funds between own Maybank accounts: Users must be a registered M2U user. First, login on Maybank2u.com. They can then choose banking area of Accounts and Banking to transfer funds. An overview of saving and current accounts balance will be shown on screen afterward. By clicking Transfers at the option panel at left hand side, it will bring users to main transfer page and users can choose own account transfer. Then, users can enter transfer details such as amount to be transferred, transfer funds from which account to which account and select an effective date for the transfer to take place. After this is done, users can review transfer details to confirm the transaction. If users have changed their mind, they can correct it by moving back to the previous page. If users confirm the transaction, they can click the Confirm tab and a confirmation screen will be shown to show whether the transfer is successful or fail. Users will be given a unique reference number for the transfer as record. They can then print receipt of the transfer or make another transfer. This transfer takes less than 3 minutes to be done. It is fast and convenient. There is no limit for users to transfer fund between own accounts as long as there is balance in their account. Transfer.jpg Figure 1.1: Own account transfer Transfer to third partys Maybank account To transfer funds from own account to third partys Maybank account, M2U users can choose to transfer funds immediately or at a selected future date, just like how transferring between own accounts does. If users have selected any future transfers, all the outstanding future transfers will be recorded in a table and users are allowed to check on pending funds transfer and cancel them anytime. However, there is a limit for daily transfer which is of maximum RM5000 per day. This service is free of charge. Steps to carry this transfer are almost the same with that of transfer between own Maybank accounts. The differences between these two are users have to select 3rd party account transfer instead of own account transfer. There are also some functions available in this transfer. The first function is 3rd Party Account Maintenance. This function allows users to save account details of someone whom users transfer funds frequently, so that users do not need to key in account number every time when they want to transfer funds. Users are allowed to save up to 20 favourite accounts and update or delete the account details. Another function provided for this transfer is Transaction Limit Maintenance. The maximum limit of amount that users can transfer per day is RM5000. Users may set their own daily transaction limit from 1 cent to maximum of RM5000. Besides, for immediate transfer, users are allowed to send e-mail to recipients in order to inform them that they have transferred money to their accounts. Transfer1.jpg Figure 1.2: Transfer to 3rd partys Maybank account Transfer to accounts of other local banks or financial institutions M2U users can also transfer funds to savings or current accounts of other local banks or financial institutionssuch as Alliance Bank, CIMB Bank, HSBC, Citibank, etc. This transfer is named GIRO Interbank Transfer. There are a few types of payment can be made through GIRO which is funds transfers to savings or current accounts, credit card payment, loan payment and hire purchase payment. During weekdays, recipients will receive fund transferred at the same day if users transfer fund before 12pm and the money will be credited to recipients account before 12 midnight. For funds transferred after 12pm, recipients will receive the amount in the next working day. For funds transferred during weekends and public holidays, recipients will receive the money in the next working day. Steps to carry out this transfer are almost the same with the steps above but senders have to select New Interbank GIRO Transfer and they also needed to select which bank to transfer to before they enter transfer details. Senders will also be questioned about whether they want validation of recipients ID at their bank. m2.jpg Figure 1.3: Transfer to other banks account There is also a daily transfer limit for this transfer which is RM5000 and there is also RM2 charge for service fee. Like the transfer funds to third party, users can also set their favourite IBG Transfers to their favourite list and there is a maximum of 20 favourites. Transfer funds overseas If M2U users want to transfer funds (cash or credit money) overseas online, users can do this by using Foreign Telegraphic Transfer. Users can transfer money to 3rd party account by Credit to Account to 50 countries in 24 currencies conveniently while for cash, users can only send it to 6 countries. Maybank2u has set a daily transfer limit for this fund transfer. To transfer cash, users must transfer at least RM250 or maximum up to RM1000. For credit to account, users must transfer at least RM250 and maximum up to RM10000. This transaction is processed by SWIFT and TAC (security code) authentication, so it is fast and safe. Besides, Maybank2u is able to calculate the value of the funds that you want to transfer by converting currency instantly. The amount will then be debited directly from users Maybank saving or current account to 3rd party account. Maybank will charge a transaction fee of RM10 to sender for each transaction carried out. Recipient will also be charged by their bank and the amount is different in every country. The time taken for recipient to receive money depends on recipients bank. Besides all these transfers functions, on the Transfers page, users are also allowed to check transfer history, future transfers and foreign telegraphic transfer history and manage their favourite transfers. CREDIT CARDS There are total 23 types of credit card available in Maybank. Details about various types of credit cards are available on Maybank2u.com. People who are Malaysian and aged 21st to 65th years old with specified range of amount of income can apply for Maybank credit card. For supplementary cardholders, they must be of at least 21st years old. For those who wish to apply Maybank credit cards, they are provided with a function which can help them to get a card that is best suit themselves. First, they will be questioned about their income and also what type of card are they looking for. After make selection, all results will be shown and users are allowed to make comparison between cards. credit card2.jpg Figure 1.5: Choose income range and types of card After users have made decision on which card to choose, they can download application form from Maybank2u.com, print it and fill in details. For applicants who wish to have a supplementary cardholder, they can download supplementary form online too. After all these are done, they can hand up the application form attach with all required documents to one of the branches to apply for credit card. dl application form.jpg Figure 1.6: Download credit card application form IMPROVEMENT There are total 8 methods available in Maybank to transfer fund which are Maybank Money Express, Foreign Telegraphic Transfer, 3rd party own account transfer, GIRO Interbank Transfer, China Remittance Service, MEPS Interbank Funds Transfer, Foreign Worker Telegraphic Transfer and MoneyGram Money Transfer. However, there are only three methods available on Maybank2u.com. In order to increase customers option in transferring funds, Maybank should include a few more methods on Maybank2u.com. In other words, it should make any of the five methods available to use online. For example, Maybank Money Express is one of the methods that allows overseas recipients to receive money instantly. By providing reference number given by the sender, recipients can receive the money immediately without having to wait. If this function is available online, users (sender) do not have to travel to branch physically to perform this transaction and recipients can still receive money at once. By having this, users can transfer funds in a more efficient manner. This directly increases customers satisfaction and also the banks reputation and it may attract more customers since it provides the most convenient way for customers to transfer funds overseas. Besides, M2U should increase daily transfer limit for transfer fund to 3rd party account. The default daily transfer limit is RM5000. If users want to transfer more than RM5000, they have to wait until next working day or proceed to ATM to conduct the transaction. This causes inconvenience to users who wish to transfer funds in a larger amount without having travel to branch physically. So, M2U should increase its daily transfer limit so that users can transfer more money online. NEW FUNCTIONS In order to response more promptly to customers request, M2U should provide a function which allows customers to have direct conversations with customer service representatives online when they face problem in using functions on M2U. This is also known as chat box. Many online shopping websites adopt this function so that they can react faster to customers question and need. Conventionally, when users face problems, they either give a call to customer service department or send e-mail and wait for their reply. These take time and some customers may feel impatient while waiting for their reply. Businesses should always place their customers as their top priority and they should fulfill customers need as much as possible and as fast as possible. So, if M2U develop this function, it can response more quickly to customers need and this indirectly increase customers satisfaction and they can retain customers loyalty. For users who wish to apply Maybank credit card online, M2U again causes another inconvenience as there is no function that allows customers to apply credit card online. All it has are only detailed information about credit cards and users can download application form if they want to apply credit cards. So, M2U should insert this function and it can further develop another function for applicants to upload supporting documents. By having this, supporting documents such as NRIC, latest BE form with official tax receipt, latest 2 months salary slips, latest 3 months savings account activity/current account statements, etc can be uploaded and submitted online by the applicants together with the application of credit card. This function really bring great convenience for people who are busy and always have no free time to travel to branch physically.

Friday, January 17, 2020

Culture and Its Importance

Journal of Management Development Emerald Article: Do Cultural Differences Make a Business Difference? : Contextual Factors Affecting Cross-cultural Relationship Success Rosabeth Moss Kanter, Richard Ian Corn Article information: To cite this document: Rosabeth Moss Kanter, Richard Ian Corn, (1994),†Do Cultural Differences Make a Business Difference? : Contextual Factors Affecting Cross-cultural Relationship Success†, Journal of Management Development, Vol. 13 Iss: 2 pp. 5 – 23 Permanent link to this document: http://dx. oi. org/10. 1108/02621719410050219 Downloaded on: 26-10-2012 References: This document contains references to 30 other documents Citations: This document has been cited by 26 other documents To copy this document: [email  protected] com This document has been downloaded 3632 times since 2005. * Users who downloaded this Article also downloaded: * Rosabeth Moss Kanter, (2004),†The challenges of leadership: Interview with Rosabeth Moss Kanter †, Strategic Direction, Vol. 0 Iss: 6 pp. 7 – 10 http://dx. doi. org/10. 1108/02580540410533190 Rosabeth Moss Kanter, 1997†³Strategies for success in the new global economy: An interview with Rosabeth Moss Kanter†, Strategy & Leadership, Vol. 25 Iss: 6 pp. 20 – 26 http://dx. doi. org/10. 1108/eb054603 Martin E. Smith, (2003),†Changing an organisation's culture: correlates of success and failure†, Leadership & Organization Development Journal, Vol. 24 Iss: 5 pp. 249 – 261 http://dx. doi. org/10. 108/01437730310485752 Access to this document was granted through an Emerald subscription provided by UNIVERSITY OF GREENWICH For Authors: If you would like to write for this, or any other Emerald publication, then please use our Emerald for Authors service. Information about how to choose which publication to write for and submission guidelines are available for all. Please visit www. emeraldinsight. com/authors for more information. About Em erald www. emeraldinsight. om With over forty years' experience, Emerald Group Publishing is a leading independent publisher of global research with impact in business, society, public policy and education. In total, Emerald publishes over 275 journals and more than 130 book series, as well as an extensive range of online products and services. Emerald is both COUNTER 3 and TRANSFER compliant. The organization is a partner of the Committee on Publication Ethics (COPE) and also works with Portico and the LOCKSS initiative for digital archive preservation. Related content and download information correct at time of download. Do Cultural Differences Make a Busines s Difference? Contextual Factors Affecting Cros s-cultural Relationship Succes s Rosabeth Moss Kanter and Richard Ian Corn Harvard Business School, Boston, Massachusetts, U S A I think Turks are Turks, and they are very different from Canadians, or North Americans or Brits or whatever. But when I went to Turkey, I was dealing with some Turks who had been dealing with Canadians for 10-15 years; they understood us and had adapted to our ways.Yes, they were still Turks, but they knew what Canadians expected. And they knew Canadians very well, so they forgave us when we made faux pas, they understood that we like Christmas Day off. They were patient and gave us a year to understand them. Cultural Differences 5 Canadian executive, describing experiences in his company’s joint venture in Turkey Of course, initially there were apprehensions about being bought by foreigners. Foreigners to us is anyone outside the local community.American executive, describing his company’s acquisition by a British company In Search of Cultural Differences As economies globalize and organizations increasingly form cross-border relationships, there is a resurgence of interest in the management problems caused by national cultural differences – in values, ideologies, organizational assumptions, work practices, and behavioural styles – spawning research reminiscent of national character studies following the Second World War.Recent findings about the cultural propensities of major countries appear robust, replicated in surveys of the values of managers[1-3], as well as used to explain institutional patterns within countries[4]. Such findings are often consistent with stereotypes evoked by managers to explain others and themselves. Cultural generalizations roll easily off the tongues of people in our studies. For example: several Europeans predicted problems Volvo and Renault could have in combining Volvo’s Swedish egalitarianism with Renault’s French hierarchy.A German executive working in a French-American alliance commented that Germans and Americans had more values in common than either did with the French, invoking this as an Important contributions to the case studies and interviews for this paper by Kalman Applbaum, Pamela Yatsko, Madelyn Yucht, Paul Myers, Clau dia de Dominicis, Tom Hughes, Liska Ouellette, Saba Hapte-Selassie and Thuy Tranthi are gratefully acknowledged, as is the support of the Division of Research of the Harvard Business School. Copyright 1993 by R. M. Kanter and R. I. Corn. Used by permission. Journal of Management Development, Vol. 13 No. 2, 1994 pp. 5-23. MCB University Press, 0262-1711 Journal of Management Development 13,2 6 explanation for why an American sent to London to lead the integration team was viewed as incompetent by the French partner for failing to make authoritative decisions[5]. Furthermore, people often assume cultural heterogeneity creates tensions for organizations.Managers, even within a single country, often prefer homogeneity to heterogeneity, because shared experiences and culture are a basis for trust[6]. Yet, while national cultural differences clearly exist at some level of generality, it is more difficult to specify how the presence of such differences affects organizational and managerial effectiveness. Evidence and observations in a range of situations raise questions about the usefulness of the â€Å"cultural differences† approach for managers. For example: ?When people of different national cultures interact, they can be remarkably adaptable, as in the Japanese history of borrowing practices from other countries[7]. And even though it is supposedly more difficult for managers to operate outside their home culture, multinational companies have long succeeded even when expatriate managers make mistakes. Many industrial firms have operated successfully in foreign countries while showing insensitivity towards local values or treating host-country personnel less well than home-country personnel[8]. Technical orientation can override national orientation. There is evidence that similar educational experiences – e. g. for managers or technical professionals – erase ideological differences; those within the same profession tend to espouse similar val ues regardless of nationality[9,10]. At Inmarsat, an international satellite consortium owned by companies from over 60 countries and staffed at its London headquarters by 55 nationalities, differences between functions were a greater source of conflict than differences between nationalities.Although stereotypes abounded (â€Å"Spaniards are often late†; â€Å"Indians like to talk†), engineers who shared a technical orientation quickly adjusted to each other’s foibles – easily enough that a training programme on cross-cultural management was poorly attended[11]. ? Tensions between organizations which seem to be caused by cultural differences often turn out, on closer examination, to have more significant structural causes. A Scottish construction company had difficulty in its first international partnership with a French company.The failure was widely explained by employees as caused by differences between a â€Å"beer culture† and a â€Å"wine cu lture†. Its next partnership with a Dutch company was more effective, supposedly because of the greater compatibility with the Dutch. But in the first partnership, the companies set up many â€Å"dealbusters†[12], from letting lawyers negotiate for executives, to ignoring assumptions about future business strategy. In the second case, they learned from their mistakes and changed the way they worked with their partner. National cultures had little to do with failure in the first instance and success in the second. Cultural value issues – and issues of â€Å"difference† in general – are more apparent at early stages of relationships than later, before people came to know each other more holistically. And outsiders of any kind, even from the next neighbourhood, can seem different. But once people get to know each other beyond first impressions, relationship dynamics are often determined by power rather than culture. Resistance to the new American chief executive of a British retailer was resistance to change, not to culture differences.National culture issues were simply one more piece of learning as he moved from outsider to insider; they did not affect his ability to do his work of managing a fast and successful turnaround[13]. ? Central country value tendencies are often reported at a very high level of generality, as on average over large populations themselves far from homogeneous. Thus, they fail to apply to many groups and individuals within those countries. There are strong individual, regional, and ethnic differences within countries that are masked by the attempt to find country patterns.For example, an American who had served in Japan during the Second World War liked the docile women he saw there. He decided to marry a Japanese woman, only to discover after the marriage that she came from the one part of Japan that encouraged assertive, dominant women. And not only are there individual as well as ethnic differences wi thin countries, but individuals themselves derive their behaviour from many influences and can hold multiple identities. The chairman of Matra Hachette in Paris calls himself â€Å"a Gascon, a Frenchman, and a European†. Finally, group cultural tendencies are always more apparent from outside than inside the group. Indeed, people often only become aware of their own value or culture in contrast to someone perceived as an outsider[6]. The British writer George Orwell observed that national identity and cultural similarity is salient only for those returning from abroad or when the country is threatened; otherwise, people hold firmly to their individuality and are more aware of differences among those within the same nation.For these reasons, then, we wondered about the circumstances under which cross-cultural interaction would affect business performance. The Foreign Acquisitions Study To learn more about managerial issues provoked by cultural differences, we looked for situat ions in which cross-cultural interactions might produce organizational tensions. Kanter’s studies of international strategic alliances and joint ventures, reported in a series of Harvard case studies and articles[14], had uncovered a large number of strains between cross-border partners, but most of Cultural Differences 7Journal of Management Development 13,2 8 these involved strategic, organizational, political, or financial issues. But perhaps that was because the relationship between venture or alliance partners is assumed to be one of relative equality and independence; each partner retains its own cultural identity as well as control over its own operations, co-operating with the other for limited purposes while insulating core activities from the relationship. We looked for another test in the realm of foreign acquisitions, in which cultural differences would perhaps play a greater role.Foreign acquisitions of US companies increased over the last decade. In 1990, 446 su ch deals, valued at $46. 2 billion, were completed, compared with only 126 deals valued at $4. 6 billion in 1982. Foreign acquisitions of US companies accounted for 28. 1 per cent of the total value of merger and acquisition activity involving at least one company in 1990, compared with only 7. 6 per cent in 1982[15]. This acquisition situation, we proposed, would heighten American managers’ awareness of their own culture and its contrast to the acquirer’s culture, as they merged operations or shifted control over decisions.Since American companies were more accustomed to acquiring foreign operations than being acquired, the â€Å"reversal of roles† experienced when being acquired would perhaps exaggerate tensions enough to bring cultural issues to the surface. Therefore, we developed a pilot project with eight companies. T he Companies Approximately 75 interviews with senior and middle managers were conducted by Harvard Business School teams in 1992 and 1993 at eight mid-sized New England-based American companies which had been acquired by foreign companies in the period between mid-1987 and 1990 (with one exception acquired in 1984).All companies had enough experience with the foreign parent to provide time for cross-cultural contact to occur and any problems to surface; but the acquisition was also recent enough for managers to have fresh memories. The circumstances surrounding the acquisitions differed in some respects. One was a strictly arms-length financial investment in which a well-known sporting goods manufacturer was acquired by a Venezuelan financial group as its only US holding in a leveraged buyout from investors who had acquired it two years earlier; as long as profits were high, there was minimal contact with the parent.In two other cases, there was a history of relationships between the foreign parent and the acquired company prior to the acquisition: a familyowned retailer had developed a business partnership with a large r but also family-owned British chain four years before the acquisition as part of a succession plan; and a metals manufacturer had formed a number of joint ventures with a Japanese conglomerate beginning seven years before the acquisition, turning to its Japanese partner as a defensive tactic against a hostile takeover threat.Other acquisitions also stemmed from financial distress: an armaments manufacturer was bought by a British conglomerate after the US company faltered under a sequence of four different American owners; an abrasives manufacturer was bought by a French company as a â€Å"white knight† in a takeover battle with a British company; and a US retailer was sold to a Japanese retailer when it no longer fit its US manufacturing company parent’s strategy. In many of the cases, then, foreign acquirers were sought by the US companies to solve a problem.Two of the companies, given the pseudonyms Metalfab and Hydrotech, were observed by the second author in par ticular depth. Both were engineeringoriented manufacturing companies with operations primarily in the US and annual sales between $100 and $200 million. Both were previously owned by financially-troubled US parents whose core business was in a different industry, and both were bought by well-respected, internationally-experienced companies in the same industry.Corn conducted 30 interviews at Metalfab, a manufacturer of fabricated metal products acquired about five years earlier by Fabritek, pseudonym for a Swedish manufacturer in the same business. He also conducted 21 interviews at Hydrotech, a designer and manufacturer of hydraulic systems acquired about three years earlier by Gruetzi, pseudonym for a German-Swiss manufacturer of industrial energy systems.But while Metalfab was acquired by a company of similar size and was operating at a pretax profit, Hydrotech’s new parent was much larger and more diversified geographically and technologically, and Hydrotech was accumulat ing significant losses. Cultural Differences 9 Overview of the Findings The interviews at all eight companies focused on the history of the companies’ relationships, their business situations and business strategies, the amount and kind of cross-cultural contact between managers, difficulties and how they had been resolved, and any organizational changes which had come about as a result of the merger.We expected cultural differences to play a prominent role in the dynamics of the integration, especially because so many questions probed these issues specifically – from asking for characterizations of â€Å"typical† American and parent country managers to comparing managerial styles in concrete situations. (The study was thus â€Å"biased† towards finding cultural differences and tensions because of them. ) We expected many difficulties to arise, necessitating many organizational changes, and we expected American companies to resist learning from their fore ign company parents.We also expected some combinations to be more volatile than others, such as the Japanese-American interactions, either because of prejudice or because of values and style differences. We found, instead, that nationality-based culture was one of the less significant variables affecting the integration of the companies and their organizational effectiveness. We found that relatively few issues or problems arose which could be labelled â€Å"cultural†, even though managers were able to identify style differences easily that fit common cultural patterns.We also found that very few measures were taken to facilitate cultural integration. Only a moderate number of difficulties were encountered or organizational changes Journal of Management Development 13,2 10 necessitated, and US companies learned from their foreign parents. Furthermore, there was no discernable pattern of cultural compatibility; all nationalities worked well with their American acquisitions. In general, mergers and acquisitions create significant stress on organizational members, as separate organizational cultures and strategies are blended, ven within one country[12]. Differences in national cultures are assumed to add another layer of complexity to the merger process. But our findings suggest that contextual factors play the dominant role in determining the smoothness of the integration, the success of the relationship, and whether or not cultural differences become problematic. These findings lead us to conclude that the significance of cultural differences between employees or managers of different nationalities has been overstated.Cultural values or national differences are used as a convenient explanation for other problems, both interpersonal and organizational, such as a failure to respect people, group power and politics, resentment at subordination, poor strategic fit, limited organizational communication, or the absence of problem-solving forums. Such differen ces are invoked as explanations for the uncomfortable behaviour of others when people have limited contact or knowledge of the context behind the behaviour.Culture versus Context as an Explanatory Factor Most interviewees were able to identify a number of ways in which they differed â€Å"culturally† from their foreign colleagues in values, interpersonal style, and organizational approach. Many of these â€Å"fit† the position of countries on dimensions Hofstede[1] identified, especially power distance and individualism/ collectivism. The first difference issue mentioned, however, was an objective one: Language problems. A majority of Americans found the difficulty in overcoming language differences with all but the British acquirers to be the biggest â€Å"negative† surprise of their respective mergers.One American at Metalfab stated that â€Å"during initial meetings, we assumed that when we spoke English to the Swedes and they nodded their heads, they unders tood what we were saying. Now we realize the nods only meant that they heard the words†. Employees at Metalfab and Hydrotech also recalled meetings in which their foreign colleagues would agree to adopt some new procedure, â€Å"only to go right back to doing things the same old way as soon as they left the meeting†. American employees noted cultural differences in decision-making styles.Many argued that their foreign parents’ management team took a longer-term view. Americans at Hydrotech and Metalfab routinely expressed frustration with the unwillingness of German-Swiss and Swedish managers to make decisions without a great deal of analysis. Europeans noted the American reputation for fast, less thoughtful decisions. A British manager involved in the armaments company acquisition said, â€Å"Unlike American companies which manage by quarterly numbers, we at UK headquarters base our strategy and business policies on long-term positioning†.American intervi ewees also identified a number of differences in interpersonal style between themselves and their foreign colleagues which they attributed to national culture. The Swiss were described as â€Å"very orderly and efficient†, the Swedes were universally described as being very serious. British managers were described as less emotional, less community-oriented, more deliberate, and much less likely to â€Å"shoot from the hip† than Americans. Europeans were described by nearly all American employees as being more formal, less open and outgoing, and slower to form friendships than are Americans.Japanese managers were described as very courteous and polite. Several Metalfab employees stated that the Swedes were much more likely to argue with each other publicly than were Americans. One American official recalled that in the early days of the merger, he and an American colleague would stare at each other in board meetings while the Swedes argued among themselves. The American manager claimed that his American colleagues would have been much more likely to discuss such differences privately.The Swedes were also described as having less respect for authority and greater willingness to confront their superiors publicly than are Americans – signs of low power distance in Hofstede’s terms. Other employees stated that Swedish managers are not as â€Å"results-oriented† as Americans when it comes to running meetings, ending meetings without a resolution or an understanding of the next steps. Swedes were described by several American employees as very critical, both of themselves and others.One American manager stated that â€Å"Americans are taught that it is more constructive to give pats on the back than to focus entirely on shortcomings as the Swedes are inclined to do†. In short, most of those interviewed found differences between themselves and their foreign colleagues to be clearly identifiable and immediately noticeable follo wing their respective mergers. Employees attributed a majority of these differences to national culture. But a closer analysis of these responses reveals a tendency for employees to attribute to culture differences which are more situationally-driven.For example, several employees stated the Swedes were unwilling or incapable of adjusting their planning and forecasting assumptions in light of changes in the environment, that the Swedes were more determined than are Americans, to meet old budget targets. This may reflect the fact that as parent, the Swedes and German-Swiss have the ultimate responsibility for financial results. Similarly, slower decision making may reflect the fact that the Swedish parent involves more people in the decision-making process than does its American subsidiary.Of course, the use of greater participation may itself reflect differences in values between Americans and Swedes, but it may also reflect differences in the organizational culture of parent and su bsidiary or in country-specific industry practices. Senior managers generally had more direct contact with the foreign parent and thus more contextual information. They were much more likely to identify differences in business context that explained apparent differences in â€Å"cultural values†. Senior executives at the American retailer acquired by a British company attributed differences in management practices to differences inCultural Differences 11 Journal of Management Development 13,2 12 business environments in the US and UK. For example, the British company appeared to be less interested in people and more interested in facilities. But this was because its operating expenses tended to be weighted more towards rent than to labour, because British supermarkets were typically located in expensive urban areas, whereas in the US supermarkets were generally found outside the commercial core of the city, and US chains had unions which drove up labour costs.There was also a tendency for American employees to attribute interpersonal difficulties with foreign colleagues to cultural differences without recognizing that Americans act in much the same way. There are recent public examples of American board meetings interrupted by public bickering. The popularity of the view that committees rarely accomplish anything similarly attests to the fact that Europeans are not the only ones who have difficulty establishing clear agendas in their meetings.Finally, in the US, American employees frequently complain about superiors who rarely hand out constructive criticism. In sum, Americans were routinely able to identify a number of differences between themselves and their foreign colleagues, but the attribution of these differences to nationality often seemed to be misdirected. Additionally, in many cases, these differences are more suggestive of perception than of reality. Perhaps it was more convenient to attribute differences to culture than to context because o f the popularity of national character stereotypes.The role of national stereotypes was made clear in contrasting what American managers said about their own foreign acquirers (whom they knew well) compared with other nationalities (which they knew less well). An American senior executive at the sporting goods manufacturer had highly positive things to say about his Venezuelan parent, calling Venezuelans â€Å"lovable, amiable, showing a high degree of concern for people†. In contrast, he said, â€Å"The companies you do not want to have take you over are the Germans and the Japanese. They feel they know how to do it better and just come in and take over†.But the companies in our study acquired by Japanese and German-Swiss parents reported just the opposite – that the Japanese, for example, were eager to learn from the American companies they acquired. In short, the greater the experience with managers from another country, the less reliance on negative stereoty pes. Furthermore, while many interviewees were able to identify behavioural style differences between American managers and their foreign parents, they also spoke of cultural compatibilities in values, business strategies, and organizational approach. Such similarities overrode style differences.Both retailers in the pilot study, for example, spoke of the common concerns and philosophies they shared with their foreign parent – one Japanese, one British. Finally, just because people could point to differences, that did not mean that the differences had operational consequences. Interviewees were asked to assess the extent to which cross-cultural differences created difficulties in the relationship between parent and subsidiary. Interestingly, many employees felt that although differences exist between their cultures, such differences did not create significant problems for employees.This finding cuts to the heart of this study’s central question: if cultural differences between a parent and subsidiary do not necessarily lead to significant inter-organizational conflict, what factors moderate the relationship between cultural heterogeneity and organizational conflict? Why do American employees of foreign companies feel that cultural differences between their own firm and their foreign parent have not been particularly problematic? Here, our findings suggest that a number of contextual factors act as mediators in determining whether or not these differences will be problematic.Contextual Factors as Key Determinants of Cros s-cultural Relationship Succes s Six factors emerged in the pilot study that accounted for the ease with which the merger was implemented and the relatively few difficulties attributed to national cultural differences: (1) the desirability of the relationship, especially in contrast to recent experiences of the acquired companies; (2) business compatibility between the two companies, especially in terms of industry and organizatio n; (3) the willingness of the acquirer to invest in the continued performance of the acquiree and to allow operational autonomy while performance improved; (4) mutual respect and communication based on that respect; (5) business success; and (6) the passage of time. Cultural Differences 13 Relationship Desirability The first issue sets the stage for whether the relationship begins with a positive orientation. When people are in distress, poorly-treated in previous relationships, have had positive experiences with their foreign rescuer, and play a role in initiating relationship discussions, they are much more likely to view the relationship as desirable and work hard to accommodate to any differences in cultural style so that the relationship succeeds. First, almost all of the companies in the pilot study were acquired by foreigners after a period of financial distress.A Hydrotech employee said, â€Å"Everyone here was aware of the firm’s financial problems at the time of th e acquisition. News of the purchase was viewed favourably. Gruetzi kept our doors from being padlocked. Everyone recognized that without Gruetzi, Hydrotech might not have made it†. While Metalfab did not have Hydrotech’s financial problems at the time of its acquisition, its employees took comfort from Fabritek’s strong financial condition at the time of the takeover. The abrasives company was rescued by its French acquirer as a â€Å"white knight in a takeover battle†. In all these cases, people were thus more likely to view their Journal of Management Development 13,2 14 acquirers as saviours than villains. Cultural problems were therefore not problematic.When asked to describe their initial reaction to the acquisitions, interviewees in several companies began with a description of how difficult life had been under its former parent. Several foreign parents in our study therefore compared favourably with each subsidiary’s former US parents. Hydrot ech and Metalfab’s former parents had neither understood the business of its subsidiary nor shown any desire to invest in their subsidiary’s long-term growth. The armaments company had four recent owners, several of whom stripped corporate assets and art collections, an experience one manager referred to as being â€Å"raped†. Under new owners who cared about them, employees were therefore more inclined to tolerate and adapt to cultural differences.In other cases, national differences were not a problem because the US and non-US companies had spent several years getting to know each other through joint ventures. The British retailer and the Japanese conglomerate had long worked closely with the American companies they eventually bought. Nearly every respondent at Metalfab and Hydrotech spoke with high regard for their parent’s technical expertise, manufacturing skill, knowledge of the international marketplace, and reputation for quality. As one employee commented, â€Å"Our concerns about the takeover were quickly put to rest. After all, Gruetzi was not an unknown quantity. They were an industry leader and we had worked with them on several projects in the past†.In contrast, respondents who were less familiar with the operations of their acquirer appear to have been the most concerned and apprehensive about the news of the merger when it was first announced. As one employee recalled, â€Å"At first I was sickened by the announcement, but when I saw Fabritek’s product line and the obvious potential for synergy, I became extremely excited†. Several respondents also mentioned that if the acquirer had a reputation for dismantling its acquisitions, they would have been far less sanguine about the takeover and the possibilities for success. Reputation was based not only on past direct experience but also on assumptions about how â€Å"companies like that† behaved. One Metalfab employee claimed that compared wi th other countries, â€Å"the Swedes are just like us†.The conventional wisdom at Metalfab was that Scandinavian firms had a history of keeping their acquisitions intact. Finally, the ability to choose made a difference. In several cases, the companies themselves initiated the search for a foreign partner. The element of surprise that creates anxiety and uncertainty was missing. A Hydrotech employee stated: â€Å"We wanted to be sold; I viewed the announcement as a real positive – someone wanted to buy us! † Business Compatibility Organizational similarities were more important to most companies than national cultural differences. At the time of their respective mergers, employees of Metalfab, Hydrotech, and both retailers in the study took immediate comfort rom the fact that their new acquirers were in the same industry as they, especially the retailer sold by an American manufacturer to a Japanese retailer. As one Hydrotech employee stated: â€Å"Our former p arent showed no commitment to, or interest in, our business. Now, there is a much better fit†. Another employee stated: â€Å"Everyone was initially apprehensive about the takeover but at least we were bought by a company which understands and cares about our business. This turned our initial apprehension into excitement†. Along similar lines, Metalfab employees reacted very favourably to the news that â€Å"a metal company was purchasing a metal company†.Organizational similarity meant that employees could feel that they play important roles in carrying out their parent’s strategy and believe that their parent values their contribution. As one Hydrotech employee stated: â€Å"Despite the fact that Gruetzi is a much larger company than our former parent was, it is easier to see how we fit into their plans†. Thus, at both Hydrotech and Metalfab, the benefits of the merger were transparent to employees. As one manager stated, â€Å"This was an easy a nnouncement to make; the merger spoke for itself†. Employees at Hydrotech and Metalfab felt that sharing a common technical orientation with their parent allowed both rganizations to more easily overcome national differences. Several employees emphasized what a pleasure it was to work with a parent organization that understands the business they are in. As one engineer stated, â€Å"our two firms are like twins that were separated at birth†. Employees at both Hydrotech and Metalfab also feel that their parents’ expertise and credibility in the industry has made it easier to accept them in the role of acquirer. One Metalfab employee’s comment captured the attitude of the firm’s employees towards foreign ownership when he claimed: â€Å"It doesn’t bother me in the least that our parent is a foreign company because we speak the same language, Metal! A majority of those interviewed concluded that they would now prefer being taken over by a forei gn company in the same business than by an American firm in a different industry. Cultural Differences 15 Investment without Interference Of all the actions taken by a foreign partner, none seems to have a more positive impact on morale and on attitudes towards foreigners than a foreign owner’s decision to invest capital in its subsidiaries. Fabritek spent $11 to 12 million upgrading the production facilities of its US subsidiary during each of the first two years following the acquisition and has invested an additional $6 to 8 million annually ever since.Gruetzi has similarly invested in new equipment for Hydrotech’s Ohio production facility. To most American employees, such investment demonstrated that its new parent was committed to the company’s long-term health. When investment was accompanied by operational autonomy, the relationship was viewed very favourably and cross-cultural tensions minimized. In three cases – sporting goods manufacturer acquir ed by a Venezuelan company and both the retailer and the manufacturer acquired by Japanese companies – feeling lack of cultural tensions was a function of the Journal of Management Development 13,2 16 minimal interference of the foreign company in its new US operations. â€Å"They et us do what we are good at†, said an executive at the sporting goods firm, â€Å"which is make money†. Employees at Hydrotech and Metalfab were surprised by the extent to which their parents allowed them to manage their own operations. As one Hydrotech employee stated: â€Å"Things have turned out much better than I originally expected. Gruetzi has not overmanaged us, they kept our management team intact, and we have not been forced to spend a lot of our time defending ourselves†. Metalfab employees were similarly pleased that their parent has allowed the firm to retain day-to-day control: â€Å"While our parent provides us with suggestions, they have allowed us to run the sh ow here†.We argue that American employees are less likely to view cultural heterogeneity as a problem when foreign management allows such autonomy along with adding resources. It should be pointed out that complete autonomy was not welcomed by all employees; a minority of employees (those dissatisfied with their firm’s policies) mentioned that they would be happier if the parent took a more active role in managing its subsidiary. At least one Hydrotech engineer wished that Gruetzi would force the company to standardize its designs and acquire better tools for its engineers to work with. At Metalfab, several employees expressed disappointment that its parent had not prevented the company from moving operations to Mexico.Furthermore, that high degrees of autonomy have possibly slowed down the speed with which the merged organizations develop a common culture. Several Metalfab employees reported that it has been difficult to â€Å"pull our two families together and get th e message out to customers that we are one firm†. Still, for the Americans autonomy generally meant that they did not feel foreigners were imposing â€Å"foreign ways† on them, which made them more tolerant of differences rather than resistant to them. Open Communication and Mutual Respect Nearly all interviewees agreed that open communication and showing mutual respect are critical to developing trust and ensuring a successful partnership.One retailer, for example, felt that its new Japanese parent wanted to learn from American practice, which made them feel valued and made rapport with the Japanese easy to develop. Tensions occurred, in contrast, when foreign colleagues did not show respect for American technology and expertise. At Fabritek, Swedish engineers and marketing personnel initially viewed Metalfab’s traditional, composite products as inferior to their own, all-metal product, which required tighter engineering and manufacturing tolerances in order to ensure a perfect seal. As a result, Americans said that the Swedes saw themselves as â€Å"the real engineers† in the company. But note here that the tensions were caused by technical differences, not cultural ones. ) Similarly, Hydrotech engineers described their German-Swiss colleagues as very arrogant and protective about Gruetzi’s products; there was a feeling that Hydrotech engineers should not â€Å"tamper† with their parent’s designs. Employee sensitivity to possible cultural differences played a significant role in reducing outbreaks of cross-cultural tension. One Hydrotech employee reasoned that cultural clashes had been avoided mainly because employees had been so concerned that such tensions could occur that they put more effort into trying to understand one another.Similar concerns led executives at Fabritek and Metalfab to schedule frequent meetings with each other soon after the merger; these meetings improved understanding and lessened tens ion between the two firms. Ironically, one senior American official recalled that he had rarely met with executives from the firm’s former US parent â€Å"even though they were located right down the road from the company†. Though formal cross-cultural training programmes were rare, open communication helped build relationships. Sensitivity to cultural differences and willingness to deal with problems directly minimized organizational tension. Cultural Differences 17 Business Success Nothing succeeds like success. People are willing to overlook cultural differences in relationships which bring clear benefits.But unsuccessful ventures produce squabbling even among people who are culturally similar. Creating opportunities for joint success between parent and subsidiary promotes acceptance of cross-cultural differences and creates support for the relationship. Several months before Hydrotech’s acquisition by Gruetzi, a company project had â€Å"gone sour† du e to a technical malfunction. After the merger, Hydrotech used Gruetzi’s technology to solve the problem. For the many employees who had suffered through the project’s difficulties, this single act sold the virtue of the partnership. Another Hydrotech employee stated: â€Å"We had not realized how quickly Gruetzi’s technology could be put to use.In only one year, our department was able to bid on two projects and win a $45 million contract†. Nothing could possibly send a more positive message about the benefits of partnership than winning business because of it. Ongoing financial performance affects the quality and nature of communications between parent and subsidiary, and thus plays a role in determining whether or not cultural differences are viewed as problematic. If success reduces tensions, deteriorating performance increases them. Employees noted that travel budgets came under increasing pressure during periods of poor performance, and thus, fewer meetings take place between American and foreign employees.In difficult times, communication between parent and subsidiary may deteriorate as employees in each organization focus on their own problems. Finally, poor performance leads to frustration, fingerpointing, and reduced trust. One Hydrotech manager noticed that as Gruetzi has encountered more financial difficulties, they became increasingly demanding of Hydrotech and focused more on the company’s short-term operating results than in the past. The Pas sage of Time Does time heal all wounds? Time, at least, reduces anxieties and replaces stereotypes with a more varied view of other people. The levels of cross-cultural Journal of Management Development 13,2 18 tension vary as a function of the stage in the relationship-building process.Anxieties at Hydrotech and Metalfab were highest during the days immediately following the announcement of each takeover. This initial anxiety declined as the merger entered a transition ph ase in which management showed reluctance to create conflict. Employees of both subsidiaries also reacted positively to foreign management’s willingness to discuss issues and listen to their concerns at that time. According to one employee, â€Å"these meetings made us feel good about the changes and made us realize how alike our philosophies were†. But during the transition phase, employees also underestimated the degree of cultural heterogeneity and the potential for conflict to erupt.As management began to focus on more substantive issues and the amount of communications between American and foreign employees grew, a new realization set in that the cultural differences between the two firms were greater than initially realized, which required more awareness and sensitivity to avoid conflict. It appears likely then, that employee perceptions of cross-cultural tension are affected by the passage of time and by the merger process itself. One might also expect that empl oyee attitudes towards cultural heterogeneity will change as Americans and foreign employees work together and become more familiar with each others’ customs and values. Mistrust is always more likely at early stages of relationships.People at Hydrotech and Metalfab felt their new foreign parents were particularly guarded in discussing their technology during the first months together. As one employee mentioned: â€Å"It was like playing poker during the first year. You always got an answer to your question but the question was answered as narrowly as possible – even when, by withholding information, the answer was misleading†. But another engineer recognized the significance of sharing technology noting that â€Å"when our parent provides us with technology, they are giving us their life’s work†. T he Negative Side of Cross-cultural Interaction: T hreat and Prejudice Positive views of the relationship between US company and foreign parent predomin ated, but they were not universal in the companies studied.Top management and those with the greatest day-to-day contact were most likely to be favourable. Those at lower ranks anxious about the implications for their careers were more likely to express negative views, including prejudice and resentment, reacting the most nationalistically to the news of a foreign takeover. One American reported how â€Å"sick† he was over the fact that â€Å"this country is gradually being sold off to foreigners†. Some higher level managers commented that they would have been more comfortable if their acquirer had been American, but this preference did not seem to affect the relationship. A manager at the armaments company reported: â€Å"We would rather have been bought by a US company.There is an element of national pride, especially in our industry. We are very patriotic. There is no one in the company that would say we are a British firm. We all wear and buy ‘made in USAâ⠂¬â„¢ products†. Still, nationalist sentiments did not prevent this manager from declaring the relationship a success and identifying very few crosscultural problems. The most significant factor in determining employee reactions to acquisition was self-interest: how the change would affect their own standing in the firm. Virtually all interviewees reacted to news of the acquisition with the same question: â€Å"How will this impact on my career in this organization? †.Those employees who were most likely to suffer a loss of prestige or power, or who had reason to feel threatened by the mergers were most likely to react unfavourably to it. However, the fact that the vast majority of employees in both companies did not react in this way attests to just how apparent the benefits of these mergers were to most employees. Therefore threat could work both ways; if the foreign company improved performance, jobs would be saved. A manager at the armaments company observed,  "The community and employees understand there are differences between us and the British. But for them, having good jobs is more valuable. When corporate survival is at stake, people cannot afford to have culture become an issue†.Attitudes were shaped by symbolic acts taken by the foreign parents as much as by more substantive actions. One Metalfab employee recalled the day that Fabritek’s president arranged to have group photographs taken of all employees in the US so that they could be shown to people back in Sweden. â€Å"Fabritek immediately impressed me as a very people-oriented company†. The Attribution of Organizational Problems to National Culture Our findings suggest, then, that contextual factors act to either fan the flames of intergroup conflict and cross-cultural polarization or encourage organizational members to accept these differences. In the pilot study, organizational and technical compatibilities overwhelm cultural differences.Cultural differe nces thus seem to be a residual category to which people attribute problems in the absence of a supportive context. Cultural differences do not automatically cause tensions. But when tensions do arise – often due to situational factors such as lack of communication or poor performance – people blame many of the organizational difficulties they encounter on cultural heterogeneity – on the presence of others who seem different – rather than to the context within which these problems took place. This view is consistent with Chris Argyris’s perspective on defensive routines in organizations[16]. Why do people blame culture for problems and scribe differences between their own behaviour and that of their foreign colleagues to dispositional factors (the kind of people they are) rather than to situational factors (the organizational context)? First, cultural heterogeneity presents a conspicuous target for employees to point at when looking for an explanat ion for their problems. Such differences are readily apparent in early stages of contact between people who differ in a visible way, such as race, gender, or language, especially when there are only a few â€Å"tokens† such as expatriate managers among many â€Å"locals†[6]. Pre- Cultural Differences 19 Journal of Management Development 13,2 20 onceived notions and prejudices which employees bring into the evaluative process increase the likelihood that people will attribute behaviour to nationality. In-group favouritism is evoked in situations of cross-cultural contact. Research has shown that people want to favour members of their own group (the in-group) over others. Motivational theorists hold that self-esteem is enhanced if people value their own group and devalue other groups[17,18]. Such favouritism leads to a set of cognitive biases which reinforce the distinction between in-group and out-group members. People expect in-group members to display more desirable a nd fewer undesirable behaviours than out-group members[19].As a result, people are more likely to infer negative dispositions from undesirable and out-group behaviours than from undesirable in-group behaviours, and are less likely to infer positive dispositions from desirable outgroup behaviours than from desirable in-group behaviours[20-23]. Furthermore, people tend to remember behaviour which is congruent with their expectations over behaviour which is inconsistent with their views[24,25]. Thus, memories reinforce in-group favouritism as well. In-group biases are especially likely to form when individuals identify strongly with their group and when in-group members view other groups as a threat[17]. During an acquisition process, employees who work for, and identify with their company for many years suddenly find that another firm, with its own culture vision, values, and ways of doing things is responsible for their future.Cross-border mergers offer a particularly favourable envi ronment for such biases to develop because group membership is clearly defined by national as well as organizational boundaries. At both Hydrotech and Metalfab, in-group favouritism and cognitive biases may have been the driving forces behind the tendency among Americans to attribute wrongfully â€Å"bad news† to their foreign parent (i. e. out-group members). In one case, Hydrotech management had frozen salaries and extended the required working week from 40 to 44 hours after the merger in an effort to â€Å"impress Gruetzi by showing a willingness to make a few difficult decisions†. Many Hydrotech junior employees attributed this unpopular policy to Gruetzi’s management.Ironically, according to one middlelevel manager, when Gruetzi found out about these changes, they gave Hydrotech’s president one month to reverse the policy. In another example, soon after Metalfab announced plans to transfer some of its manufacturing operations to Mexico, rumours began circulating on the factory floor that the Swedes were behind the decision. When senior management in the US found out about the rumours, the company’s president called a meeting with all employees and took full responsibility for the decision. But many blue-collar workers continued to blame the Swedes for this unpopular move. They also attributed the decision to downsize the American workforce to the company’s foreign parent.A second explanation for why cultural differences are inappropriately invoked is called the â€Å"fundamental attribution error†[26] – a tendency to attribute one’s own behaviour to the situation but others’ behaviour to their â€Å"character†. People attribute negative behaviour of foreign colleagues to their nationality or culture (dispositional factors) rather than to situational or contextual factors which are operating behind the scenes[27]. For example, Metalfab interviewees initially viewed their Swedish c olleagues as fractious (i. e. â€Å"the Swedes are a stubborn people†) before it occurred to them that language problems had caused many early misunderstandings.They attributed the fact that their Swedish colleagues were more engineering oriented and less marketing oriented to national biases (â€Å"Swedes design bulldozers for the kind of work a garden shovel could do†) rather than to differences in product features and to the requirements of the European market. For example, rigid engineering standards for Fabritek’s all-metal products required engineers in Sweden to play a more central role in the parent’s operations, whereas the competitiveness of the US market demanded that marketing personnel play a more critical role in US decision making. But those who had more direct contact with the foreign parent, such as senior managers, also had more contextual information and were less likely to make the â€Å"fundamental attribution error†.If in-grou p biases and the fundamental attribution error are behind the tendency to view cultural heterogeneity as problematic, what steps might management take to promote inter-organizational co-operation in cross-border mergers? Our findings suggest that actions which make the relationship desirable, reduce uncertainty, show respect for the other group, create communication channels, and ensure business success will encourage employees to identify with their foreign colleagues and view the company as one organization. Creating an atmosphere of mutual respect, promoting open communication, investing in the future, maximizing opportunities to experience joint success, and taking steps to familiarize employees with their counterpart’s products and markets reduce the likelihood that cultural differences will be viewed as a source of organizational tension.Conclusion These pilot study findings are only suggestive, of course. We have a small number of cases from one region. While none of t hem can yet be called a longterm success, they have survived a period of integration during which other companies which perhaps did experience debilitating cultural problems could have called off the marriage. We could be looking only at the â€Å"winners† that managed cultural differences well. Indeed, those companies experiencing problems were more likely to turn down our request to participate in the pilot study. But if tilted towards successes, then this research points to some of the circumstances that contribute to successful cross-cultural relationships.And since we â€Å"biased† the interviews towards identification of cultural differences and cultural tensions, the relative absence of tension gives additional weight to our argument that contextual and situational factors, such as technical fit, business performance, and abundant communication, are more significant determinants of relationship effectiveness. Cultural Differences 21 Journal of Management Develop ment 13,2 22 Employees at each of the companies studied were able to identify a number of cultural differences between their own organization and that of their parent. Nevertheless, few employees viewed cultural heterogeneity as a significant source of tension in their firm. Such findings lend support to the notion that national cultural differences do not necessarily increase the amount of tension between organizations or make partnerships among companies from different countries untenable.This article proposes that there are a number of factors which help to determine how employees react to foreign ownership. It calls into question the assumption that the larger the social distance or cultural gap between the national cultures of two merged organizations, the greater will be the potential for strain in the relationship between employees. The findings from our pilot study suggest contextual factors are extremely important mediators in crosscultural relationships. These factors infl uence how cultural differences are interpreted and whether they are viewed by employees as problematic. Indeed, they may even determine whether â€Å"cultural differences† are identified at all. References 1. Hofstede, G. Cultures and Organization, McGraw-Hill, New York, NY, 1991. 2. Kanter, R. M. , â€Å"Transcending Business Boundaries: 12,000 World Managers View Change†, Harvard Business Review, Vol. 69, May-June 1991. 3. Hampden-Turner, C. , â€Å"The Boundaries of Business: Commentaries from the Experts†, Harvard Business Review, Vol. 69, September-October 1991. 4. Lodge, G. C. and Vogel, E. F. (Eds), Ideology and National Competitiveness: An Analysis of Nine Countries, Harvard Business School Press, Boston, MA, 1987. 5. Kanter, R. M. , Applbaum, K. and Yatsko, P. , FCB and Publicis ( A ): Forming the Alliance, Harvard Business School Case Records, Boston, MA, 1993. 6. Kanter, R. M. Men and Women of the Corporation, Basic Books, New York, NY, 1977. 7. Westn ey, E. , Imitation and Innovation: T he Transfer of Western Organizational Patterns to Meiji, Japan, Harvard University Press, Cambridge, MA, 1987. 8. Starbuck, W. H. , â€Å"Learning by Knowledge-intensive Firms†, Journal of M anagement Studies, Vol. 29 No. 6, 1992, pp. 713-40. 9. Haire, M. , Ghiselli, E. E. and Porter, L. W. , Managerial T hinking, Wiley, New York, NY, 1966. 10. Wuthnow, R. and Shrum, W. , â€Å"Knowledge Workers as a ‘New Class’: Structural and Ideological Convergence among Professional-Technical Workers and Managers†, Work and Occupations, Vol. 10, 1983, pp. 471-87. 11. Myers, P. and Kanter, R. M. Inmarsat 1991 , Harvard Business School Case Records, Boston, MA, 1992. 12. Kanter, R. M. , When Giants Lea r n to Dance: M aster ing the Challenges of S trategy, Management, and Careers in the 1990s, Simon and Schuster, New York, NY, 1989. 13. Kanter, R. M. and Gabriel, L. , BhS ( A ): Opening Boundaries, Harvard Business School Case Records , Boston, MA, 1992. 14. Kanter, R. M. , â€Å"Competing on Relationships: How Companies Build Collaborative Advantage†, Harvard Business Review, May-June 1994. 15. M& A Almanac, Vol. 26 No. 6, 1992, p. 54. 16. Argyris, C. , Overcoming Organizational Defenses: Facilitating Organizational Learning, Allyn & Bacon, Boston, MA, 1990. 17. Tajfel, H. and Turner, J. C. â€Å"An Integrative Theory of Intergroup Conflict†, in Austin, W. S. and Worchel, S. (Eds), T he S ocial Psychology of Intergroup Relations , Brooks/Cole, Monterey, CA, 1979, pp. 33-47. 18. Turner, J. C. , Rediscovering the Social Group: A S elf-categorization T heory, Blackwell, Oxford, 1987. 19. Howard, J. W. and Rothbart, M. , â€Å"Social Categorization and Memory for In-group and Outgroup Behavior, Jour nal of Personal ity and S ocial Psychology , Vol. 38 No. 2, 1980, pp. 301-10. 20. Taylor, D. M. and Jaggi, V. , â€Å"Ethnocentrism and Causal Attribution in a South Indian Context†, Journal of Cros s Cultural Psychology, Vol. 5 No. 2, 1974, pp. 162-71. 21. Allen, V. L. and Wilder, D. A. â€Å"Categorization, Belief Similarity, and Intergroup Discrimination†, Jour nal of Personal ity and S ocial Psychology , Vol. 32 No. 6, 1975, pp. 971-7. 22. Allen, V. L. and Wilder, D. A. , â€Å"Group Categorization and Attribution of Belief Similarity†, Small Group Behavior, Vol. 10 No. 1, 1979, pp. 73-80. 23. Pettigrew, T. F. , â€Å"The Ultimate Attribution Error: Extending Allport’s Cognitive Analysis of Prejudice†, Personality and Social Psychology Bulletin, Vol. 5 No. 4, 1979, pp. 461-76. 24. Hastie, R. and Kumar, P. A. , â€Å"Person Memory: Personality Traits as Organizing Principles in Memory for Behavior†, Journal of Personality and Social Psychology, Vol. 37 No. 1, 1979, pp. 25-38. 25. Srull, T. D. Lichtenstein, M. and Rothbart, M. , â€Å"Associative Storage and Retrieval Processes in Person Memory†, Jour nal of E xper imental Psychology: L ea r ning, M emor y and Cognition, Vol. 11 No. 2, 1985, pp. 316-45. 26. Ross, L. , â€Å"The Intuitive Psychologist and His Shortcomings: Distortions in the Attribution Process†, in Berkowitz, L. (Ed. ), Advances in Experimental Social Psychology, Vol. 10, Academic Press, New York, NY, 1977, pp. 173-220. 27. Jones, E. E. and Nisbett, R. E. , â€Å"The Actor and the Observer: Divergent Perceptions of the Causes of Behavior†, in Jones, E. E. , Kanouse, D. E. , Kelley, H. H. , Nisbett, R. E. , Valins, S. and Weiner, B. Eds), Perceiving the Causes of Behavior , General Learning Press, Morristown, NJ, 1971, pp. 79-94. Further Reading Locksley, A. , Ortiz, V. and Hepburn, C. , â€Å"Social Categorization and Discriminatory Behavior: Extinguishing the Minimal Intergroup Discrimination Effect†, Journal of Personality and Social Psychology, Vol. 39 No. 5, 1980, pp. 773-83. Maass, A. , Salvi, D. , Arcuri, L. and Semin, G. , â€Å"Language Use in Intergroup Contexts: T he Linguistic Intergroup Bias†, Journal of Personality and Social Psychology, Vol. 57 No. 6, 1989, pp. 981-93. Tajfel, H. , â€Å"Social Psychology of Intergroup Relations†, Annual Review of Psychology, Annual Reviews, Stanford, CA, 1982, pp. 1-39. Cultural Differences 23

Thursday, January 9, 2020

Similarities Between Socrates And Machiavelli - 1084 Words

Violence is a tool. Humans have possessed this tool since before stones were used to alter the natural world around them, and have employed it in every way imaginable. Mighty uses of violence throughout humanity’s stay on earth eventually called for the profound reflection upon our ancient tool, and many philosophers and thinkers rose to the challenge. Perhaps the greatest among them were Socrates and Machiavelli, whose ideas regarding violence and its ideal usage to us inspired countless other prominent figures after their respective times. Socrates believed humans are imperfect and fallible, and should therefore avoid using violence. Machiavelli on the on the other hand considered violence a useful tool in achieving one’s goals.†¦show more content†¦The Athenian philosopher’s argument might suffer from its idealism, but remains a potent idea regardless. It strongly appeals to humanity’s sense of idealism, and in a perfect world, would be the mor e corrupting view of violence. â€Å"What is probable, gentleman, is that in fact the god is wise and that his oracular response meant that human wisdom is worth little or nothing† (Plato, The Apology,  §23a). Socrates refers to Apollo’s prophecy regarding himself, which he received from a friend who had visited the oracle at Delphi. The Oracle had declared to his friend that Socrates is the wisest among men, and upon hearing this news, Socrates was astonished. In his mind, he knew little, creating a perplexing paradox for the thinker. His following quest to expose â€Å"wise men† is what led him to realize that wisdom is recognizing what you do not yet know, and his vision of violence stems from this core philosophy. Due to this inherent limit of human wisdom, Socrates demonstrates it is better to receive violence than inflict it upon others. Charged with impiety and corrupting the Athenian youth, Socrates was sentenced to death by the Athenian court. Socrate s responded by saying, â€Å"I go to die, you go to live. Which of us goes to the better lot is known to no one, except the god† (Plato, The Apology,  §42a). Socrates, in his crucible, act upon his convictions andShow MoreRelatedSimilarities Between Socrates And Machiavelli1197 Words   |  5 Pages Socrates and Machiavelli both grew up in times of political instability which formed and shaped their political beliefs. Machiavelli primarily discussed his view of how a leader should behave in the book: The Prince. A prince is an individual who is the leader of a state or group of people. Machiavelli’s version of a prince is very accurate but, Socrates would not support Machiavelli’s version of a prince. Machiavelli believed a prince must be domineering and aggressive, while Socrates viewedRead MoreSimilarities Between Socrates And Machiavelli1905 Words   |  8 PagesEssay 1 While Socrates and Machiavelli lived over 1900 years apart, the dilemmas their societies faced draw many parallels. In Machiavelli’s â€Å"The Prince†, he demonstrates a wide-ranging set of rules and principles to be followed by a leader to ensure the steady maintenance of authority and stability in a state or principality. Not only would Socrates be opposed to many of the espoused views in â€Å"The Prince† on what creates a successful ruler, thereby society, but had he lived in Machiavelli’s â€Å"ideal†Read MoreSimilarities Between Machiavelli And Socrates1534 Words   |  7 PagesGovernment 241: Political Philosophy Professor Ives October 13, 2017 The morality which guided Socrates were an end all, be all for him. He did not wish to live without his search for truth. Socrates would see a Machiavellian Prince as self-centered, and void of morals. A Machiavellian prince would not appreciate the way Socrates carried himself and would see him as a challenge to his authority. Socrates would not support a Machiavellian society because most likely he would not be free to philosophizeRead MoreSimilarities Between Machiavelli And Socrates1250 Words   |  5 PagesMachiavelli and Socrates are two of the most influential figures in modern day political philosophy. These two individuals established the bases for our interpretation of the world and human political interaction. While they were separated by centuries and a significant geographic distance, it is fascinating nonetheless to ponder what they would think of each other. Sadly it is impossible to ask themselves and so we must instead turn to their writings in order to glean an ide a of what their opinionsRead MoreSimilarities Between Socrates And Machiavelli1649 Words   |  7 PagesSocrates and Machiavelli both existed during times of political unrest. Both men sought different means of political leadership, and could be seen as activists of their times. During times of war and unrest, it was a bold choice that both men made to stand up for their beliefs and speak out against the system. However, Socrates wouldn’t have agreed with Machiavelli’s means and concepts of the Prince and his ideas for how a political establishment should function. Machiavelli’s means may have beenRead MoreSimilarities Between Machiavelli And Socrates1544 Words   |  7 PagesMachiavelli and Socrates agree on very little. While an initial reading of the two may elicit some comparisons, the goals of their respective philosophies rely on different foundations, and would therefore culminate in very different political results for society. Socrates would likely see in the Prince a selfish ruler, while Machiavelli would see in Socrates a dangerous idealist whose ideas would lead to instability and the death of the state in which these ideas were implemented. Machiavelli’sRead MoreSimilarities Between Socrates And Machiavelli1803 Words   |  8 PagesMachiavelli and Socrates were beings of their time. The world around them shaped their views, and their views have in turn shaped ours. While both lived through turbulent times, they do not share the same ideology. Socrates would dislike Machiavelli’s description of the ideal princ e, regardless of how the prince actually ruled. Socrates would oppose both how the prince got to power and keeps it, as well as the society over which he rules. Socrates assigned certain responsibilities to both the rulerRead MoreSimilarities Of Socrates And Machiavelli1669 Words   |  7 PagesBoth Socrates and Machiavelli emerged as renowned thinkers of their time because of their approaches to government that moved away from idealism and towards a rational and real approach. To understand why Socrates would be critical of Machiavelli’s concept of a Prince we must understand the similarities and differences between the two philosophers, and then analyze if Socrates would find his ruling system to be efficient. Socrates and Machiavelli value the qualities of a strong and fair ruler, howeverRead MoreMachiavelli And Socrates1579 Words   |  7 PagesMachiavelli and Socrates Niccolo Machiavelli and Socrates both lived during turbulent, political times. Machiavelli in Florence, Italy and Socrates in Athens. Machiavelli’s The Prince outlines the necessary features and traits of a sovereign, primarily, a Prince. It served as a handbook to effective rulership in the 16th century. By analyzing Machiavelli’s belief that a prince should be strategically feared, the role of free will , and the role of the people , I will argue that Machiavelli hasRead MoreThe Ideas Of Machiavelli And Socrates1988 Words   |  8 PagesThe ideas of Machiavelli and Socrates have influenced the leadership styles and approaches of leaders around the world. From Stalin to the founding fathers of the United States, Machiavellian influenced motives and ideals can be seen throughout modern history. Socrates is often referred to as the founder of Western philosophy, and his teachings have been passed on to leaders over the centuries. This paper will state both the Machiavel li’s concept of a ‘Prince’, and present Socrates’ perspective on

Wednesday, January 1, 2020

Communist Manifesto Essay - 957 Words

Manifesto of the Communist Party Political Ideologies The basic thought running through the manifesto is that all history has been a history of class struggles between the exploited and exploiting, between dominated and dominating classes at different stages of social evolution. (Slavery, Feudalism, Capitalism, Socialism, Communism). This struggle, however, is believed to have reached a stage where the exploited and oppressed class (the proletariat) can no longer liberate itself from the bourgeoisie. This thought belongs to Marx and Marx only as weve learned. Communism is haunting Europe. Two things result from this: Communism is already declared by all European powers to be itself a power. It is time that Communists openly, publish†¦show more content†¦to become bourgeois themselves. In one word, it creates a world after its own image. It also made barbarian countries dependent on the civilized ones. (The peasants on the bourgeois, the East on the West). The bourgeoisie concentrated property in a few hands, therefore one of the consequences of this was political centralization. The means of production and of exchange, on whose foundation the bourgeoisie built itself up, were generated in feudal society. Modern bourgeois society, that has raised/compelled such gigantic means of production, is like the sorcerer who is no longer able to control the powers of the nether world that he called up his spells. (We discussed the Mickey Mouse example in class). Then there is the epidemic of over-production, society suddenly finds itself put back into a state of momentary barbarism, industry and commerce seem to be destroyed, due to too much civilization, too much industry, too much commerce. The weapons with which the bourgeoisie felled feudalism to the ground are now turned against the bourgeoisie itself. But not only has the bourgeoisie constructed the weapons that bring death to itself, it has also called into existence the men who are to handle those weapons-the modern working class-the proletariat. The modern working class developed-a class of laborers who live only so long as they find work. These laborers who must sell themselvesShow MoreRelatedEssay on The Communist Manifesto672 Words   |  3 PagesThe Communist Manifesto nbsp;nbsp;nbsp;nbsp;nbsp;Marx describes the problem in great detail in the first chapter. He feels there is a problem between the bourgeoisie and the proletarians. The bourgeoisie were the oppressed class before the French Revolution and he argues that they are now the oppressors. The proletarians are the new working class, which works in the large factory and industries. He says that through mass industry they have sacrificed everything from the old way of religionRead MoreThe Development Of The Communist Manifesto In The European1083 Words   |  5 PagesThe development of the communist manifesto in the European region has led to the influencing of the different structures present in the area. The communist manifesto has resulted in the formation of holy alliances in the European region. It is due to the effects of the Manifesto that Marx developed the journal to address the issue. The importance of this journal is to highlight the sociological problems that have resulted from the manifesto. The fact that the manifesto has been highlighted by theRead MoreThe Communist Manifesto, By Karl Marx And Friedrich Engels1000 Words   |  4 Pagesâ€Å"All written history is the history of class struggles† (Marx). In the year 1848, Karl Marx and Friedrich Engels decided to publish a manifesto after sitting down and sharing ideas for a period of time. Today, that piece of writing is known as The Communist Manifesto. In this book, Marx, the principal author stated that escaping from alienation required a revolution. That was the only possible way in which a political as well as a social change could have been seen. Therefore, Marx’ theory impliedRead More The Effects of Karl Marxs Communist Manifesto on Human Values1423 Words   |  6 PagesThe Effects of Karl Marxs Communist Manifesto on Human Values What was it like living in the times before the Communist Manifesto was introduced to society? What kind of affect did this document have on the values of the average family? How did it influence the values of the individual? Sometimes these values where affected in a way that does not come directly from the release of the Manifesto but instead vicariously through other events brought on by the document. Overall, an interestingRead MoreThe Portrayal Of Women s Crime And Punishment And The Communist Manifesto Essay1263 Words   |  6 PagesThe Portrayal of Women in Crime and Punishment and the Communist Manifesto Women are discussed and or portrayed in both â€Å"Crime and Punishment† by Fyodor Dostoevsky and â€Å"The Communist Manifesto† by Karl Marx and Friedrich Engels. In â€Å"Crime and Punishment† there are several female characters, many of which play large roles in the main characters’ story. However, women are only mentioned a few times in â€Å"The Communist Manifesto†, but it is essential to the point the authors are trying to convey. EachRead MoreKarl Marx And Friedrich Engels s Communist Manifesto1756 Words   |  8 PagesIn 1840s Karl Marx and Friedrich Engels wrote Communist Manifesto. Marx and Engels wrote this document due to being members of the Communist Leagues. The Communist Manifesto was a very influential document after the Industrial Revolution. With the industrial class increasing this document was published to end class social. Because of the rise of industries, workers have to leave their previous work and work at industries, wor kers health will be affected when they live near the cities, their communitiesRead MoreMarx, Mill And Freud s Critique Of Political Economy And The Communist Manifesto Essay1133 Words   |  5 Pagesof freedom in unique ways, but their messages are fundamentally the same and continue the ideas that we encountered in the esoteric texts as well as in The Matrix: . First, we have Karl Marx’s Capital: Critique of Political Economy and The Communist Manifesto, where we encounter the proletariat, or the working-class people regarded collectively. In these two texts, the latter of which was co-authored by Frederick Engels, we learn that the proletariat is enslaved just like the people in the matrixRead MoreEssay about Karl Marxs Communist Manifesto1353 Words   |  6 PagesKarl Marxs Communist Manifesto Faith and Reason Communism can seem very desirable. â€Å"It argued a world without war, in which the meek and the disadvantaged would share without distinction, the anticipated material and spiritual abundance generated by advanced.†(Gregor 19) This seems as though it would be the ideal form of government but in reality it is far from that. I will tell you about three of the most powerful communist countries of the twentieth century. The countriesRead MoreThe Communist Manifesto: . The Proletarian And Communist1787 Words   |  8 PagesThe Communist Manifesto: The Proletarian and Communist Ideological Relevance in Society Today. Karl Marx and Freidich Engels both raised the essential question of this study in the second chapter, â€Å"Proletarians and Communists.† Of the book, â€Å"Communist Manifesto† (1848) Karl Marx, he distinguished himself as a man of high caliber, and a philosopher of immense intellect. When Marx published his novel, â€Å"Communist Manifesto†, in the book, he underlined convincing ideas that detail theories of communismRead MoreManifesto Of The Communist Party920 Words   |  4 PagesThe Communist Manifesto, originally drafted as, â€Å"Manifesto of the Communist Party†, is a pamphlet written by Karl Marx, that in essence reflects an attempt to explain the goals and objectives of Communism, while also explaining the concrete theories about the nature of society in relation to the political ideology. The Communist Manifesto breaks down the relationship of socio-economic classes and specifically identifies the friction between those classes. Karl Marx esse ntially presents a well analyzed