Project #121820 - 250 RESPONSE w/multiple sources on Hofstede’s 4 Value Dimensions

Need a RESPONSE that either CHALLENGES or SUPPORTS text below AND answers any questions asked.

250 word minimum, APA format (no title page needed though), MULTIPLE sources.

From a Human Resources component, Chinese workers are more adapted to a culture and understanding that not everyone is created equal and therefore the power distance is much higher. Whilst wages are becoming more competitive, it is important for the company to hire Chinese leadership as workers value loyalty to a leader, rather than a company (Murphy, 2014). China is much more of a collectivist culture, so personal relationships are very important and it would be advised to the company to group workers together that may be family, friends, etc. The practice of viewing the well-being of society as more important than an individuals well-being continues to influence Chinese society and government (Werth, 2013) The US based company will not have much trouble as it relates to masculinity as both countries are comparable in nature. Uncertainy avoidance is relatevely low for both countries as there is a comfortability with ambiguity. 

Companies such as PepsiCo recently won the award of "Top Employer in China" in two consecutive years. The companies success can be attributed to the fact that they have a long track record in the country and that gives people confidence in their career paths. They also have a strong sense of social responsibility and that is becoming increasingly important for employees. (NA, 2015)

In order for BUMET to be successful they will need to be able to establish trust and confidence. The Chinese job market is becoming more competitive than ever and local firms are competing heavily with MNC's for the top talent within the country. Further the speed of technology has changed the rules of the game in China. Chinese companies are using digital media, big data, and e-commerce in ways that often lead practice in Europe and the United States. MNC's such as BUMET must be able to innovate at a faster pace, otherwise they will struggle to compete with local vendors. (NA, 2015)

A culture first mentality, in my opinion can keep a company in "check" so to speak, in that they must always value the people over the bottom line. Big business is not always popular throughout the world and in countries such as China, the focus is first on loyalty to the leader, rather than the company. If you have a strong leader in place that the team is fond of, results will be exponentially greater than that of a leader who is not able to foster a culture of collectivism. 

 

The downfall to this is the impact on the bottom line and the potential difficulty of entering a market and not gaining the trust and therefore being unable to attract the top talent for highly skilled positions. Further, if the leader or team is not willing to work outside of their circle, it may be difficult to do reorganizations and ensure employees are comfortable adapting to working with a new group of people. This lack of flexibility could hinder growth and domestic Chinese companies could steal highly skilled workers away from MNC's.

Subject Business
Due By (Pacific Time) 04/16/2016 11:59 pm
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