The Correlation Between Globalization and Corporate Culture
Corporate culture is often seen to reflect the organizations’ global environment. However, there is a much greater impact on corporate culture regarding globalization. Furthermore, there is a significant correlation between globalization and corporate culture. This is because globalization has led to the erosion of traditional values and the spread of western values into cultures worldwide. As a result, corporations have become more aggressive and mercenary in their approach to business. According to entrepreneur Alexander Djerassi, this article will explore the correlation between globalization and corporate culture.
Globalization has led to a significantly more fractured world in which societies increasingly seek control of their economies to allow better prosperity. This has also led to the growth in consumerism due to an irrational emulation of western culture, be it social life or consumer products. Western corporate behavior can not be replicated easily by smaller cultures. Such behavior is restricted to western corporations and has become a worldwide prevalence due to the fast development of communication technology encompassing the global market.
Globalization has had several negative effects on corporate culture. One of the most common problems is that companies no longer have a say in their employees. Instead, they are under the control of outside forces. Additionally, many companies are now based in countries other than their home country, leading to tension and conflict between employees and management. Finally, many employees feel like they don’t have a voice or a place.
There are a few ways to improve your Corporate Culture by Implementing Change Management Policies. One way is to identify and address the root causes of the corporate culture issue. Another way is to develop a clear vision for your company culture and then create specific goals for improving it. Finally, you can implement change management policies to help ensure that your company culture remains consistent across different organizations.
According to Alexander Djerassi, globalization has brought an increased awareness of transnational issues and culture clash between cultures. Transnational issues and the “negative impact on cultural values” among countries are due to economic globalization. Diversity of cultures can lead to cooperation, but diversity also results from competition from products and services that follow some set trends in different countries of their respective zones. Businesses and their products adopt cultural characteristics of each country in which it is located and corporations as employers, who can use this advantage/defect sentiment.
Globalization and corporate culture relate to collaborative work environments. Managers who are more apt to use the power of group integration communicate better with their employees across cultures as they constantly involve themselves in cross-cultural communication and face challenges they may not experience at home. Global cooperation has made it possible for specific values to be attached to different products and goods regardless of distinct local events.
The global perspective can help corporate managers identify cross-cultural differences rather than challenges in a company’s social environment. They know the base of positive appearance is trust and respect for everyone, their staff, management team, clients, and even competitors knowing that efforts are working towards achieving mutual benefits from relationships. Likewise, employees’ positive image indicates a positive attitude towards everyone’s work performance.