cultural & social diversity in entrepreneurship bangladesh

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    Cultural and Social Diversity 1

    Running Head: CULTURAL AND SOCIAL DIVERSITY

    Cultural and Social Diversity in Business

    [Authors Name]

    [University/School]

    [Professor]

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    Abstract

    Cultural and Social diversity in business is essentially part of the results of the

    globalization of companies. Expansion to different countries means utilizing each countrys work

    force combined with the foreign workforce of the expanding company. This would lead to a

    number of issues which fall under sex, culture, religion, discrimination and many others.

    Moreover, occupational status differences and social grading also proves to be a factor in further

    dividing the workforce in to divisions. These problems are just one of the common issues in

    rapidly expanding companies. Globalization has its promise of wealth and career both to its

    employers and employees but the current cultural and social diversities would be a barrier to this

    goal. The solution to this would be the reformulation of strategies and customization of each

    companies approach upon settling in with the foreign workforce of a different country.

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    Cultural and Social Diversity 3

    Cultural and Social Diversity in Business

    In the 21st century, Globalization of most of the top companies has been seen. The

    expansion of business to other countries proved to be helpful to these economies because of the

    jobs that they bring and the infusion of capital into the market as well. This phenomenon has led

    to the diversification of mostly all companies that have expanded throughout the major countries

    in the world. Today, the typical workforce of any company would include a significant number

    of foreign employees. These opportunities of expansion to other countries provide each company

    with an unlimited possibility of maximizing their profit and efficiency. These are all due to the

    improvement of the working relationship and managing systems of these companies. Cultural

    diversity in a work setting may prove to be difficult. However, does it mean that this cultural

    diversity in the business setting of today would lead to problems and eventually put the company

    at risk? The past few years of recession and the unstable world economy makes companies think

    twice about expanding abroad. Diversification of the work place will initially put forth issues

    related to gender, sex, language, tradition and many other cultural aspects of each foreign

    individual. These cultural differences dictate the survivability or the success of any rapidly

    expanding economy. There are different challenges ahead of each company and this all remains

    under the notion that despite cultural diversity, a good working environment can still be attained

    and the improvement of the adaptability of each professional to working with a foreigner.

    Cultural diversity at the work place also added differences based on the individuals

    relationship to capital and to the whole of the company. People have qualifications or skills for

    which there is a large or small demand depending on the situation. There is, for example, a

    higher demand for aircraft pilots than for neon-designers. The concept of status in the work place

    also affects the relationships of its diverse employees. This status can be defined as social

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    prestige which is not unique in modern societies and can be influenced by many factors,

    including birth, education, occupation, and lifestyle. As a result of the increased economic,

    cultural and social significance of work, in modern societies, occupational status is often used as

    an alternative to class models of social and cultural groupings. The rank of these orders of

    occupations can vary between the societal setups and may change over time. For example,

    despite the cultural diversity, since the 19th

    century, nursing has increased in skill and has moved

    up the ranking, whereas clerical work has been deskilled and has consequently declined in status.

    These types of working positions will generally be magnified once the working environment is

    put in a global stage. A difference in cultural background doesnt cover most of the foreseen

    issues in a culturally diverse workplace. Differences in occupational status and social grading are

    stratified under these groups:

    1. Higher Managerial and professional(e.g. doctor, lawyer)

    2. Lower Managerial and professional(e.g. teacher, consultant, nurse)

    3. Skilled non-manual (secretary, salesmen, insurance agent)

    4. Skilled manual (e.g. carpenter, hairdresser)

    5. Semi-skilled manual (e.g. bus river,cashier)

    6. Unskilled manual (e.g. cleaner,laborer)

    1. AUpper Middles class (highermanagerial and professional)

    2. BMiddle class (lower managerialand professional)

    3. C1Lower middle class (routinewhite collar)

    4. C2Skilled working class (manual)5. DSemi-skilled and unskilled

    working class (manual)

    6. EResidual (including those dependent upon the state)

    The terms middles class and working class are widely used in the society today. This

    stratification encompasses cultural differences and further diversifies the business environment

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    of today. Presently, all business expansion has their own tactics and strategies in overcoming

    both cultural and social differences in the work place. These strategies are customized to cope

    with the specific setting of the country that they will expand to.

    On the other hand, issues and problems related to cultural and social diversity in the

    workplace needs to be examined and solved. The present day structure of management of

    international companies needs to be goal oriented and solution oriented in order to cope up with

    the rate of their rapid globalization. Adjustments and solutions to these problems must be

    sensible, rational and reasonable. It should also be free of any underlying prejudice and

    discrimination against sex, gender, culture, race, occupational status and social status. Indeed it is

    true tat there is a lot to gain in globalization. Globalization has a lot to offer to each country and

    company that will be recipients of the expansion. There are simple ways on how to minimize

    these differences and encourage respect from each and every employee coming from a different

    cultural and social background. Occasional informal gatherings and functions plus workshops

    and events would generally invite all the employees to know each other and be comfortable with

    their colleagues. Cultural and social diversity in business will have its issues but this can be

    minimized and removed as well. The promise of globalization has a lot to give to its employees

    and employers. Cultural differences must be settled if not used to improve the current setup of

    international companies.

    Citations and Annotations

    Hartel, Charmine. (2004) Towards a Multicultural World: Identifying Work Systems, Practices

    and Employee Attitudes that Embrace Diversity. Australian Journal of Management. Vol.

    29.

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    This research program identifies the types and kinds of approaches and strategies that can

    be done in order to customize the organizational culture to fit the different cultures

    present in a workplace. It has recognized key activities and setups that would help out in

    minimizing the cultural differences. The research also found out that the success of these

    activities would depend largely on the perception of difference and subsequent quality

    and magnitude of the response to the perceived dissimilarity. The research provided the

    greatest relevance to my topic inquiry about Cultural and Social diversity in Business.

    Mamman, Aminu. (1996)A Diverse Employee in A Changing Workplace. Graduate School of

    Business, Northern Territory University. SAGE Journals.

    The paper discusses the important factors that contribute to the interruption of proper

    adaptation of employees to their diverse work force. It has been pointed out that

    characteristics such as disability race and gender are just some of the primary interaction

    adjustments. Secondary characteristics would inVol.ve the tone of his/her voice,

    personality and cognition. These factors generally determine the type of interaction that

    will take place and the adjustment necessary to cope up with this environment. The

    determination of these factors will help a lot in the formations of organizational policies

    which is based on cultural and social differences.

    Hermon, Mary. (1998)Building a Shared understanding and Commitment to Managing Social

    and Cultural Diversity in Business. Journal of Business Communication. Vol. 33.

    The study observed the different perspectives of multi-level employees and managers

    regarding the diverse representatives of each employee group which is the results of a

    shared goal to improve their working relationships through diversity. The study also

    exposed the similarities of their goals with regards to career advancement and rules and

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    policies. Overall, the study focused on the improvement of the interpersonal

    characteristic of each employee which is aimed at creating a better environment despite

    the cultural and social diversity.

    See, Geoffrey. (2008) Workplace Diversity in Asia. University of Pennsylvania The Michigan

    Journal of Business. Vol. 1, Issue 2.

    The study took an in depth look in Asias rapidly expanding business culture. The aim of

    the study was more focused on China and how it became a global competitor.

    Globalization has already brought a lot of foreign people to China and there have been a

    lot of positive feedbacks that the adjustments of these expats were great. However, it was

    noted that the various differences in economic status in Asia gave rise to some problems

    regarding organizational strategies due to heavy industrialization. Cultures and Social

    stratification were very much prevalent in the Asian business world. Strategies were in

    place to counteract the negative effect but the success rates were very low.

    Patil, Shefali. (2009) Perceptions of Female Managers in Male- Dominated Industries: Effects of

    Gender Rarity, Performance, and Diversity Justification. The Michigan Journal of

    Business. Vol. 2, Issue 1.

    The study was conducted to determine the effect of a female dominated managerial

    position with regards to the perceptions, performance and diversity justification of the

    workplace. It was observed that the more female managers were inVol.ved, the higher

    was the rate of diversification in hiring. However, this result was just limited to hiring

    other employees. The results further details the fact that female representation in the

    corporate world is still not enough to change the behavior , prejudice and discrimination

    of other employees regarding cultural and social difference. On the other hand, the study

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    concluded that it is indeed helpful to have an equal gender rights in companies in order to

    reduce the sex based discrimination.