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Management in Asia (Why Asia? (China is a rising powerhouse of the global…
Management in Asia
Why Asia?
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Australia's proximity to Asia and Asian countries will ensure that in the future we will be more like to engage in business with those in Asia as opposed to those in America and Europe
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West vs. Asia
Aisa
long termism, focus on what is effective in a long term
Centralisation of authority, in many Chinese businesses, managers tend to centralise their power and decision making
collectivist, Asia prefer share equally for every stakeholder.
West
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Limited hierarchy, western management practices embraces decentralisation of authority.
individualist, west is the supporter of the capitalism
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