Search results
Results from the WOW.Com Content Network
In contrast, individualist cultures, like those in Western countries, typically exhibit more cautious financial decision-making due to weaker communal support systems. However, individualists are often less risk-averse in social situations, as personal autonomy and self-expression are highly valued. [17]
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.
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 ...
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]
Cultural differences reflect differences in thinking and social action, and in "mental programs", a term Hofstede used for predictable behavior. Hofstede related culture to ethnic and regional differences, but also to the influence of organizations, professional, family, social and subcultural groups, national political systems, and legislation ...
Participatory decision-making can take place along any realm of human social activity, including economic (i.e. participatory economics), political (i.e. participatory democracy or parpolity), management (i.e. participatory management), cultural (i.e. polyculturalism) or familial (i.e. feminism).
Vroom [1] [3] identified five types of decision-making processes, each varying on degree of participation by the leader. Decide: The leader makes the decision or solves the problem alone and announces his/her decision to the group. The leader may gather information from members of the group.
The participatory management model or at least techniques for systematically sharing authority emphasize concerns with the delegation of decision making authority to employees. Participatory management has cut across many disciplines such as public administration, urban planning, and public policy making.