Effects of Regional Culture on Organizational Culture - Deloitte
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This report discusses the key effects of regional cultural issues on the corporate organizational culture of Deloitte as it has conducted its business internationally.
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INTERNATIONAL MANAGEMENT
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TABLE OF CONTENTS INTRODUCTION...........................................................................................................................3 MAIN BODY..................................................................................................................................3 Key effects of regional culture issues on the corporate organisational culture...........................3 CONCLUSION................................................................................................................................5 REFERENCES................................................................................................................................6
INTRODUCTION International management is very necessary task to a company in market place which operates its different operations at the international level. This report discusses international management aspect of Deloitte. Basically, Deloitte is the most reputed UK based consultancy venture or company, headquartered in London, United Kingdom. Currently this consultancy firm operates in Japan, Germany and Brazil as well. This report discusses the key effects of regional cultural issues on the corporate organisational culture of Deloitte as it has conducted its business internationally. MAIN BODY Key effects of regional culture issues on the corporate organisational culture Currently top-level management of Deloitte has always required to deal different regional cultural issues in its workplace, because these issues mostly negatively affects to its business operations at the international level (Al Ariss and Sidani, 2016). For example; currently this venture operates in many countries, so that the management of company has required to deal with the issue of language differences. It is a UK based consultancy firm, but ball countries use English as a prime language, so that upper this regional cultural issue mostly negatively affects to company in market place. Issue relating to language is really a big issue to company in market place, because it promotes communication gap between company and clients. The impact of this issue is not favourable for the company. The next is the issue for the company is different mindset and mentality. Generally, millions of people are living on the earth, and each person has its own mindset and motivation, in which many times this factor become regional cultural issue to Deloitte, because it has required to put its huge efforts to convince people of different countries for purchasing its consultancy services due to different mindset and mentality of people. The company can the issue relating to organising resources as well. When any company expands its business operations in international market, then it has required to put its huge efforts for organising required resources. In this situation, this is really a tough issue to existing consulting firm, because still it has required to invest lots of fund for systematically organising various resources in workplace.
In many countries, local people always give higher priority to only those businesses or companies in market place for purchasing products and services which belongs to their own countries. This is another a cultural issue which very badly affects to multinational companies like Deloitte. In this situation, the management at existing firm have to make its services very excellent and productive by quality wise, because this is very necessary influence people of different countries to buy Deloitte’s products and services. There are poor income status of people and poor economic conditions of a place also a big issue to company, because an ordinary and small business can’t afford the consultancy services of Deloitte. In this situation, top-level management of business has always required to choose such market segments in across the world, where culture of people has motivated them to earn huge money in market place. Because, this type of cultural conditions mostly enables to a country for improving its economic conditions (Serenko and Bontis, 2017). On the other side, this company has chance to earn huge profit margins in such countries, where most people like to run different businesses and companies, because large number of businesses can take maximum consultancy services from the company. Currently each country has its own ethical and legal considerations, in which this is a very tough issue to company for properly knowing all legal and ethical aspects of a country in its business environment. On the other side, no country gives permission to a company for running its business operations in its authorisation area which ignore to follow different ethical and legal considerations (North and Kumta, 2018). This is the main reason that, this is very tough issue to company for identifying all legislations, regulations and standards of a place in international market place. Failing to understand local cultural business practices is another major issue to the company, because when a business runs its operations in another country, then it is necessary to a business for deeply analysing business practices of existing companies. Due to lack of knowledge, many times a business gets failed in different culture. So that, top-level management of company need to give order to its research and development team for knowing major issues of different market segments for a multinational corporation. The research and development team at Deloitte requires to identify those factors also in cultures of different countries which will definitely negatively affect to venture in market place.
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Many times,lack of trustablepeople factoralso become a very big issue to an organisation in market place when it starts its business operations various new cultural zones (James, Jilke and Van Ryzin, 2017). For example; many times, people within many countries not provides support toa company which belongs to another country. This type of issues is not favourable for all over growth of Deloitte in various new cultural zones in international market. Many times, cultural of many places influence to local people for being loyal with anyone, so this is another major issue for existing consultancy firm, because due to this cultural issue, the company can’t achieve a loyal client or customer in base in international market place. CONCLUSION On the basis of above findings, it can be concluded that regional cultural issues always negatively affect to Deloitte in market place. In this situation, top-level management at this consultancy firm have to make use some productive strategies for systematically run its business operations in different cultural zones. However, currently most countries have invited to businesses of other countries to invest in their authorisation areas for reducing the levels of unemployment. So that, this factor can give an opportunity to venture for raising huge profit margins in market place. The company should adopt and implement a business strategy after deeply analysing the existing culture of people in international market place to gain many new clients.
REFERENCES Books & Journals Al Ariss, A. and Sidani, Y., 2016. Comparative international human resource management: Future research directions.Human Resource Management Review.26(4). pp.352-358. James, O., Jilke, S. R. and Van Ryzin, G. G. eds., 2017.Experiments in public management research: Challenges and contributions. Cambridge University Press. North, K. and Kumta, G., 2018.Knowledge management: Value creation through organizational learning. Springer. Serenko, A. and Bontis, N., 2017. Global ranking of knowledge management and intellectual capital academic journals: 2017 update.Journal of Knowledge Management.