Cross-Cultural Management Assignment : Barclays Bank

Added on - 06 Jun 2020

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Cross-CulturalManagement
Table of ContentsINTRODUCTION...........................................................................................................................1PART A...........................................................................................................................................1Main Body..............................................................................................................................1PART B............................................................................................................................................5Critical evaluation of the challenges and barriers encountered by team & outweighopportunities...........................................................................................................................5CONCLUSION................................................................................................................................8REFERENCES................................................................................................................................9
INTRODUCTIONCulture is defined to as characteristics, values and belief which belongs to a particulargroups of people (Velo, 2011). It refers to the manner in which a group of people work within anorganisation. The factors which are undertaken in culture are religion, food, clothing, languageand governance. Cross culture is an effort by the management of the company to understandworking of such cultures and facilitate ideal communication between the same. It is extremelyimportant for organisation to incorporate cross-cultural interaction so that work is carried out inthe productive manner. This assignment which is emphasized in this assignment is BarclaysBank. It is an financial institution carrying out its operations in the United Kingdom. This bankemploys approximately 119,300 people belonging from distinct cultures. This assignmentattempts to analyse the difference in culture amongst two institutions. The second half of the tasktakes into consideration challenges and barriers which are encountered by teams.PART AThis report will analyse the organisational culture difference between two countries incontext of Barclays Bank so that appropriate and effective work could be done. It is importantfor an association to underpin diverse cultures so that effective and efficient working getpromoted. This will reflect benefit so that chances of appropriate and suitable gain becomepossible through which employees lead to sustain into every culture properly and effectively.Thus, this essay will going to reflect about cultural difference in Barclays Bank by consideringtwo major countries out of which one is United Kingdom and another one if European Union. Itis essential to understand such cultural difference properly so that all employees lead to gettrained as well as chances of deviation could be minimise.Culture work as a glue and hold organisation together as well as its employees getstimulate towards work so that suitable gain get promoted. Thus, culture shape a businessorganisation effectively which further enables in better and suited outcome.Cross cultureconcept arise in such extent when a firm start operating in another area or network. Thus, whentwo or more culture arise in an organisation at one course of time then cross culture concept getarise. Hence, it become hard for employees to sustain into cross culture environment as theylead to face so many problems which further impacted their overall performance as well.Barclays is one of an appropriate financial service provider in UK whom lead to shift and start1
operating in China. Hence, both countries have differ culture and thus employees need to gettrained so that all issues and problems which lead to face by them at such context get minimise.Cultural diversity impacted or influence business or workplace in many ways in which either itis positive in frame or in negative consideration. Several consideration which could beestimated in Barclays bank are stated as follow:Increase the number of conflicts between various personnel of an organisation due tobelonging of various cultureAnother influence which depicts negative consideration is that when two or moreindividual of differ culture start working together than their opinion not concluded assimilar with each other. This will also impacted the workplace and its overall workingThese are the several influences which could be face by Barclays when they start operating innew environment of European Union country like Belgium etc. Thus, management need tounderstand this thing and lead to start working in a better and suitable manner so that chances ofeffective gain become possible.Barclays need to understand various models and framework of cross culture dimensions whichneed to understand by managers so that appropriate culture could be implement at workplace.This section enable business to operate at dynamic and changed environment and area properlyso that better and effective working get done. Although, with appropriate comparison betweeneach one of them, Barclays become able to implement one of them in their working operationsto make them effective.HofstedeScheinTrompenaarsThis model reflect about theunderstanding of culture byconsidering only one majorcompanies and applicability inother countries as wellBased on arti-crafts, espousedvalues and basic underlyingassumption as three layers ofcultural dimensions.This get done on variouscompanies so that better andappropriator understanding ofchange and challengingbehaviour get understand.All kind of uncertainties getavoided under this culturaldimension which consider asessential aspect.Structure need to be clear sothat suitable culture getadopted with appropriatevision and mission and thereshould be based on values andThis includes dimensions ofhandy culture as well like roleculture, person culture, powerculture and task culture.2
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