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The Value of Cultural Differences: what Matters?
Benhoumeur
Cultural differences can be sources of value to the firm. But what differences matter? Management is about increasing shareholders' value, which can be very shortsighted as far as culture, not finance, is concerned. Managers must be aware not to take the tree for the wood. Actions are better than words in this setting. Can managers take this challenge and avoid confusing social and cultural factors with political ones?
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The Value of Cultural Differences
Mindzak, Teacher, Japan, Member Well said, however, not to forget that confusing social and cultural factors with political ones may not be the only premise, assuming one may ...  |
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