Search results
Results from the WOW.Com Content Network
They view cultural knowledge not as a monolithic, continuously present construct, but as a set of discrete knowledge that becomes operative as a function of the situation. They also facilitate building and testing nuanced models that capture the dynamics through which culture affects decision makers. [6]
Organizational culture influences how people interact, how decisions are made (or avoided), the context within which cultural artifacts are created, employee attachment, the organization's competitive advantage, and the internal alignment of its units.
Managerial Dilemmas: The Political Economy of Hierarchy is a 1992 book by Gary J. Miller, at the time Professor of Political Economy at Washington University in St. Louis. Miller argues that corporate culture must inspire loyalty in workers to go beyond direct incentives.
In their research, Dickson, Den Hartog, and Mitchelson (2003) delve into the nuances of how individualism shapes leadership dynamics across different cultures. They suggest that the cultural backdrop significantly influences how leaders develop their individualistic qualities, which in turn affects their decision-making and leadership styles. [22]
Participatory decision-making by the top management team can ensure the completeness of decision-making and may increase team member commitment to final decisions. In a participative decision-making process each team member has an opportunity to share their perspectives, voice their ideas and tap their skills to improve team effectiveness and ...
Cultural finance a growing field in behavioral economics that studies the impact of cultural differences on individual financial decisions and on financial markets. Probably the first paper in this area was "The Role of Social Capital in Financial Development" by Luigi Guiso , Paola Sapienza , and Luigi Zingales . [ 35 ]
Evidence-based management is an emerging movement to use the current, best evidence in management and decision-making. It is part of the larger movement towards evidence-based practices. Evidence-based management entails managerial decisions and organizational practices informed by the best available evidence. [35]
Mushroom management is the management of a company where the communication channels between the employers and the employees do not work effectively, [1] and where employees are 'kept in the dark' by management in regards to business decisions that affect their work and employment.