Cultural Differences and Barriers to change Within First Midlands Operating Company
Table of Contents
1. Introduction3
Background4
Reason of interest6
Aim6
Research question7
2. Literature review7
Bolman and Deal's four frames of change7
Culture11
Effective organizational culture12
Culture management13
Amalgamated culture of an organization15
Culture in business15
Diversity in Ethnicity17
Conflict management18
Solution19
3. Method21
Research Design22
Research Method22
Method for the Study23
Types of Combined Methods24
Advantages and Disadvantages25
Proposed Methodology25
Research Philosophy and Approach28
The Study Scope31
Data Source and Collection31
Survey questionnaire32
Advantages:33
Disadvantages:33
Resources33
Piloting34
Conclusion34
Chapter 4: Results and findings36
Introduction36
Analysis36
5. Discussion38
6. Conclusion43
7. Recommendation46
References52
Appendix63
Cultural Differences and Barriers to change Within First Midlands Operating Company
1. Introduction
Cultural Differences and Barriers to Change within First Midlands Ltd operating company is a major issue under today's global business cross culture workforce is the primary need of any multinational company like First Midlands Ltd. It can be stated that those who are vested with leadership for global enterprises must be in a position to know what to do when competitive advantage is deteriorating, when change is ever-present, as well as when home base is the globe (Wilson M, 2001). It is significant to be aware of the business environment, its economic, social and political influences so as to ensure business success. Due to unstable regulations which change on daily basis, consideration in locating a new business is essential. Lack of first hand knowledge of important can lead to failure of a global business.
Background
Globalization of business has been the centre of debate since the last decades of the twentieth century. It has been connoted as the means of rescue for the poor masses of the developing countries as well as the origin of many evils that have appeared, or will be appear over the very same people (Wilson M, 2001). Social economists view it as the most visible source of bitterness against the United States; while simultaneously being regarded as the channel through which rich countries are expected to assist the poor one. It has been pointed out to be the most obvious inhumane practice of the American companies abroad.
The truth of the globalization of business and its potential expansion cannot be denied. Nevertheless, its consequences are not as hard and fast to predict as are claimed by any of the two extreme adversaries. It is also pointed out that even if similar institutions do not presently exist in these countries, or are not developed to an equivalent degree in these and other developing countries, there exists a global, international institutions that can, and will participate in decisively acting in the check and balance of undesirable consequences of capitalism that may follow globalized business practices.
Understanding the business environment in relation to economic and social political influences is crucial in today's business scenario (Raval D & Bala S, 2000). It is important to know the area economic conditions for ideal policy formulation for the company (Ohmae K, 1995). The forerunners for global competition typically conceived as national challenge are in fact globalize where companies, workers and government come together to create a competitive advantage.
It is important for global business managers to be able to understand cultural differences in their endeavors to ...