Globalisation as strategic approach
to deal with the individuals and country-specific patterns
Globalisations as social constructivism phenomenon
to pay attention to group contexts with inherent dynamics of identity info
Development of globalisation
1) 1960 internationalisation as market expansion
2) 1975 internationalisation as competitive strategy
3) 1985 battle in the triade
4) 1995 Europeanisation + globalisation
5) 2005 repositioning of europe
6) 2015 focus on Pacific region + economic crisis
7) 2025 trade wars+e commerce
What is FDI?
FDI, foreign direct investment, is a controlling ownership in a company in one country by an investor from another country
Advantage of FDI?
A company can strengthen its foreign market power, decrease conflicts related to its expansion strategy in a foreign country
Globalisation risks
Levers of culture (Stein)
1) artifacts (dress code, language, slang, rituals)
2) espoused beliefs and values (adopted values:company guidelines, internalised values: performance)
3) basic underlying assumptions (relations to environment; image of HR)
2 Basis propositions
Basic dimensions by Hall
6 Cultural dimensions by Hofstede
Advantages and disadvantages of Hofstede approach
Advantages:
Disadvantages:
Basic dimension by Hampden Turner
2 types of identity
Individual, collective
How is collective identity is divided?
identity of organisations, identity of nations
how is identity of organisations is divided?
spatial (essence, difference) aspect, temporal (continuity) aspect
What is meant by perception?
the process by that people select, organise, interpret, preserve and react to information
When are stereotypes are useful according to Adler?
What is meant by expatriate management?
the situation when someone works in another culture/country
Who are third-country-nationals?
were born in one country, moved to another country and work in another one for the company of the country they moved to
What is international Virtual Team (IVT)?
a work between a group of people from different countries (highly skilled performers)
What are success factors in IVT?
Patterns of intercultural behaviour
International Strategies by Perlmutter
3 types of culture in International HR Marketing
What DECG stands for?
Differentiation, expertise, continuity, governance
9 intercultural strategies by Scholz
Divided to decision strategy (central, decentral, federal) and culture strategy (mono culture, multi culture, mixed culture)