Leadership in Tianjin University of Finance and Economics: A Cultural and Relational Approach
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This report discusses the cultural dimensions of Tianjin University of Finance and Economics using Hofstede's model, the entity and relational approach, forms of social capital, and reflective approaches to leadership.
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Table of Contents INTRODUCTION...........................................................................................................................1 MAIN BODY...................................................................................................................................1 Section 1: Hofstede six cultural dimension.................................................................................1 Section 2: Application of entity and relational approach in Tianjin University.........................3 Section 3: Three forms of social capital that evaluate the conditions in Tianjin University of Finance and Economics that enable or disable relational leadership and practices....................4 Section 4: Reflect of two approach of leadership.......................................................................5 CONCLUSION................................................................................................................................6 REFERENCES................................................................................................................................7
INTRODUCTION Leadership is an ability of an individual in order to lead a group of people or particular candidate to guide them to fulfil the requirements so that they are able to achieve desires goals. This report is about the Tianjin University of Finance and Economics which is an University situated in China. This report will illustrate the cultural dimensions of the university with the help of Hofstede model, understanding entity approach, forms of social capital and reflective approach of leader. MAIN BODY Section 1: Hofstede six cultural dimension This is an effective model that can be used within the university to present and describe the relationship between the society and the culture(Taras, 2017).This model is effective to use in the wider range of activities in any business or workplace.The managers and leaders of Tianjin University of Finance and Economics can make use of this model as there are six categories involved in this model that will help to identify the organizational culture. Power distance index:As in Chinese society all the people are not at equal level and identified that all are having an unequal attitude of people. This category uses to identify that less powerful people among the society as well as the workspace accept that power has not being distributed equally. All the people of Chinese society accepts that the inequality exists among people living within the society.In Tianjin University the superior and subordinate are also having different types of power accordingly to their assigned role. Usually the china is having higher rate of power distance index and people are highly impacted by the formal authorities. Individualism:These issues of culture are related to the level of interdependence in the Chinese society as well as people living over their.As the individualist society, people used to concentrate on themselves and their families. Whereas in collectivist society, people used to work in groups and help each other for the completion of numerous tasks (Pelau and Pop, 2018).In the Chinese society, it has been evaluated that the presence of more of the collectivists those are helpful to each other are remain busy in their group activities. They are not working individual and always interested in group working kind 1
of culture.In Tianjin University of Finance and Economics also people commitment is comparatively low and employees are having fair relationship with their colleagues within the groups.The lecturers and head of the departments are allocated their specific tasks in the group in order to promote team working kind of atmosphere within the university and motivate them to achieve their common goals. Masculinity:When the masculinity is higher in the society which is full of competition, success and achievement, the low score in this category has been identified that defines that the society have dominated values and help each-other(Jony, at. al., 2019). Feminine shows that quality of life is the success whereas standing separability in the crowd in admirable. In the China, the culture follows that people use to prioritize the work over their families.Similarly, in Tianjin University of Finance and Economics lecturers are working even harder, and always try to preform in the best manner to handle their families parallelly(Dimitrov, 2018). Uncertainty avoidance: This category of model defines the society dimension to avoid the uncertainty as the future is unpredictable. This expression can develop an anxiety that should be dealt in different ways by assorted country people. China is scoring 30 which shows that they have low score in the uncertainty avoidance and Chinese people are comfortable with the ambiguity.Tianjin University of Finance and Economics is also following the similar kind of culture within the work space as the tutors and HOD's of Tianjin University are trying to make their employees more efficient that they can deal with all kind of uncertainties associated at the work premises. Teachers are extremely engaged towards their work that they always try to put their maximum potential in their activity to reach towards the success. Long term orientation: All the society people have their past which will help them in future activities. The society need to make an effective connect with past and the present situation so that they can effectively work on the challenges (Gallego-Álvarez and Pucheta-Martínez, 2019). In this dimension, china scored 87 that shows that culture is very pragmatic and people within such culture are adaptive towards the changes, and they think that truth is only depends on the respective situation they are facing and time they have to deal with situations.Similarly, in Tianjin University of Finance and Economics, lecturers easily change their process and not stick to any particular culture of 2
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the University. They are highly dynamic in nature and have the quality to adapt changes easily that enables them to achieve most appropriate results. Indulgence:In this dimension, the major issue faced by humanity, is the level to which the youth and children in society are socialized with each other. In this the people of society and culture are trying their best to control their impulses in a manner in which they arise.China is a kind of restrained society with 24 score in this dimension in which people are having a tendency to pessimism and cynicism.Tianjin University of Finance and Economics lecturers are restricted towards social norms, and they are inhibited within themselves a level of satisfaction of needs.The head of departments tries their maximum to value the work done by them so that they can feel highly satisfied with the organization and work positively for the better outcomes(Fiaz, Su and Saqib, 2017). Section 2: Application of entity and relational approach inTianjin University Entity approach: This is a kind of accounting as well as legal document which treat the business as separate entity from its owner and other stakeholders.As the Tianjin University of Finance and Economics is a non-profit public higher education institution under which all professors are performing different and individual tasks (Lubis and Zamzami, 2020). The major entities of the university are students, classes, faculties, courses and registrations. The university is a public entity who do not pay taxes, do not pay dividends to their shareholders and are regulated by the government of China. Relational approach:According to this approach in context of university, it has been identified that universities has been relegated to a single office that are highly concerned with managing institutional reputation. Their role is to initiate, develop and maintain relationships with key public members who can affect the institution economically, socially, culturally as well as politically. Hence, it shows that community relations were strongly related to the personal as well as professional relationships. Their are different levels at which entity approach can be represented within the Tianjin University of Finance and Economics university. 3
Section 3: Three forms of social capital that evaluate the conditions in Tianjin University of Finance and Economics that enable or disable relational leadership and practices Social capital refers to the networking and sharing values, norms and understandings with each other that able to facilitate the cooperation within or among different groups. From the perception of network settings the social capital has been classified into three elements which has been explained below: Bonding social capital: This kind of capital ties various individuals with comparatively high amount of network closure. This type of bonding generally describes as the horizontal kind of ties ups among candidates that are performing within the similar kind of social group or organization (Helliwell & Wang, S., 2017).In context of Tianjin University of Finance and Economics, the leaders are able to create strong norms, values and trust level among various professors that are working within the university. Although the concept affects in both positive and negative context as similar network while providing commonality may not able to provide useful network assets under certain special situations. Bridging social capital: This helps to create a bridge between individual candidates in vertical format which has been often operating with the help of formal hierarchical structures.The head of departments within the Tianjin University of Finance and Economics have decides certain formal structures while sharing any information which needs to be highly fulfilled by each and every employee within the organization.This is the major reason that this particular type of social capital is unable to share the norms and values among employees as they are extremely formal in behaviour but always likely to be associated with reciprocity (Swanson & et.al., 2020). This helps the lecturers of the institution to access the network outside their normal circles and thus provide them necessary benefits.Linking social capital: This is the kind of social capital that illustrates the norms of respect and trust network among people who are interacting with each other across formal or authoritative change within the organization.This is the most effective kind of social capital as it includes the bonding of employees within the Tianjin University of Finance and Economics without any structural changes and thus in this manner only the leaders within the organization tries their maximum to build healthy relationship with 4
each other which is full of values and respect(Van den Bulte & et.al., 2018). This enables the firm to create cultural values regarding service provision and long term trust relationships over a certain period of time. Section 4: Reflect of two approach of leadership As per my perspective, head of the university plays a significant role in leading and inspiring group of people together. So here are two approaches which can be used in Tianjin University of Finance and Economics to motivate students such as: Demographic approach of leadership: In this leadership style the leader uses to make its decision accordingly to the input each individual make in the organization (Day and Hunt, 2020). It is more one of the most effective leadership approach because the lower level employees also have certain authorities to take decision. All the employees are participative in the decision-making process within the organization and make the employees higher motivated towards the work.The Head of individual departments or different streams of Tianjin University of Finance and Economics are highly skilled and utilize their talent in appropriate manner by following this style of leadership. When the HOD's are taking their decision regarding any particular topic, then all professors are asked to present their suggestion regarding the same. This will create a positive environment in the institution and lecturers also work as leader tell them to perform. Autocratic leadership:This is characterized with individual over all the decisions with little input from the group employees. According to this, the controlling is also an important aspect and autocratic is also highly suitable for the situation where controlling are required. In this the board members of company uses to make decisions and create an order that need to be followed by all the professors of the university (Seck, 2021). In this, lecturers are not asked to say something they just told to do the work without any discussion. In my opinion the democratic leadership approach is most suitable and appropriate for the Tianjin University of Finance and Economics because in Chinese market the people prefer collective working.The current practise of Tianjin University of Finance and Economics is to expand their business and make use of resources more optimally so with the democratic leadership the professors get highly motivated towards their work.This practise of head of 5
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departments makes the professors to contribute their best potential towards the institute.As Tianjin University of Finance and Economics need to enhance its profitability and marketing shares therefore when the employees are involved in all the decisions related to the organization and their other functions through which they will remain highly satisfied. CONCLUSION From the above report it has been concluded that leadership is a highly required skill within an organization through which the firms are able to manage their tasks in most effective manner. 6
REFERENCES Books and Journals Ayala, R.O., Demmler, M. and Solís, A.U., 2017. The cultural dimensions of Hofstede in the Mexican footwear manufacturing company Vogatti.International Journal of Academic Research and Reflection.5(4). pp.73-86. Beugelsdijk, S., & Welzel, C. (2018). Dimensions and dynamics of national culture: Synthesizing Hofstede with Inglehart.Journal of cross-cultural psychology.49(10). 1469-1505. Ch, A. H., Ahmad, S., Malik, M., & Batool, A. (2017). Principals' Leadership Styles and Teachers' Job Satisfaction: A Correlation Study at Secondary Level.Bulletin of Education and Research.39(3). 45-56. Cordeiro-Rodrigues, L., & Ewuoso, C. (2021). A Relational Approach to Rationing in a Time of Pandemic.The Journal of value inquiry. 1-21. Helliwell, J. F., & Wang, S. (2017). Social capital and prosocial behaviour as sources of well- being. Hunt, C. T. (2017). Beyond the binaries: towards a relational approach to peacebuilding.Global Change, Peace & Security.29(3). 209-227. Kristjánsdóttir, H. and et. al., 2017. Hofstede national culture and international trade.Applied Economics.49(57). pp.5792-5801. Swanson, E., & et.al., (2020). The effect of leader competencies on knowledge sharing and job performance: Social capital theory.Journal of Hospitality and Tourism Management,42, 88-96. Taras, V. (2017). Cultural dimensions, Hofstede.The International Encyclopedia of Intercultural Communication. 1-5. Van den Bulte, C., & et.al., (2018). How customer referral programs turn social capital into economic capital.Journal of Marketing Research,55(1), 132-146. Yunarsih, N. and et. al., (2020). Develop Leadership Style Model for Nurse in Indonesian Hospital.Systematic Reviews in Pharmacy.11(8). 352-361. 7