Cross cultural management Essay Example | Topics and Well Written Essays - 10500 words

Cross cultural management - Essay Example TABLE OF CONTENTS 1. Introduction 4 2. Literature Review 6 2.1. Background research on Leadership 6 2.2. Background Research on Cross Cultural Management 9 2.3. Theory of Hofstede 15 3. Leadership in Egypt 19 3.1. Current Situation 19 3.2. Challenges 20 3.3. Impacts 22 3.4. Implications for Managers in Global Management 25 4. Findings 26 5. Discussion 29 6. Conclusion & Recommendations 32 7. References 34 1. Introduction Leaders are not born, they are made. The most common myth about leadership is the converse of the previous statement, which indeed is creating waves of many more misconceptions amongst those aspiring leaders and entrepreneurs around the world. There was a time when only few men and women dared to question, rebel against odds, voice for the weak and talk for the helpless. But today there is a need for each one of us to dare, rebel, voice and talk, but like leaders and not losers. Andrew Carnegie’s thought provoking statement is worth a note here which states â €Å"No man will make a great leader who wants to do it all himself, or to get all the credit for doing it†. ... If we see the current trends of leadership, there are various personalities who have quoted many inspirational words about leadership and for the future leaders as well. We see Jeff Barnes quoting â€Å"There are no boundaries anymore.† This means the businesses and organizations are looking out for globalization and make their mark all over the world. In the last 10 years the world has seen a fast changes in the business world. When there was economic downturn started in December 2007, many of the interviewees had the thought that it is somewhat different than what was happened 10 years ago. According to Roland Smith’s saying this new environment is regarded as a perpetual whitewater. The Chief Executive Officers (CEO’s) of all the big and renowned organizations have backed the saying of Roland Smith and they were not sure as to how to tackle this changing environment as the equipments are were not available that time. In Egypt the most remarkable monument or st ructure is the Pyramid. If you notice Pyramid, you can see that the tip of it is painted with gold. The reason for that is to get connected with the sun. The Pyramids have always challenged the modern science to build something since the technology and skill sets of the manpower have been advanced with time. Today it has been more than a year since the reign of Dictator Mubarak is ended. Now it is high time for the country to look ahead and reform its social, political and most importantly economic stature. Today the country is in need of a leader who can coach and inspire the nation, which will help in mobilizing the country towards growth and prosperity. The well-known examples of this type of

Microeconomic issue Assignment Example | Topics and Well Written Essays - 750 words

Microeconomic issue - Assignment Example Lowering of operational costs will mean that the company can offer better prices for the customers which will increase sales. The increase in sales will translate to more profits for the airline. Marketing costs will be lower as lower prices will act as a marketing tool for the airline. The aircrafts will basically operate and function in the same way that other non-biofuels models do. Customers will not know the difference save for the fact that the company will use this opportunity to advise them of its efforts at environmental campaigns at lowering green house gases. The market forces of demand and supply are clearly portrayed in the rising demand for farm waste and animal fats. These were products were formerly considered as waste material have become raw material for bio-fuel production. The demand for development in biofuels that are bio-degradable has become a global trend. All transport industries use fossil fuels to power their engines. The forecasted diminishing fossil fuel reserves across the world have created a demand for non-fossil fuels. The aviation industry is unique because it cannot use electricity as an alternative source of power. This has prompted manufacturers to venture into other viable alternatives of fuel production. Airlines are creating a market demand for bio-fuels as they strive to cut operation costs as well as conform to environmental regulations. The demand for bio-fuel also creates demand for oil refineries that produce it. This will create employment opportunities and increase tax revenues for the government. Inc rease in employment creates an increase in spending power and a lowering of welfare which is a good stimulant for the local as well as national economy. The challenges faced by bio-fuels manufacturers is the limited availability of the raw materials of farm waste and animal fats. This negative