Please enable JavaScript.
Coggle requires JavaScript to display documents.
Long term vs Short term orientation (Fields where we can apply these…
Long term vs Short term orientation
Long term orientation
:pushpin:Specific characteristics/traits
ordering (organizing) relationships by status and observing this order
thrift (careful spending)
persistence
having a sense of shame
pragmatic innovation & adaptation
People in high LTO cultures are more likely to ask “What” and “How” than to ask “Why.”
Individuals from a high LTO culture may be more willing to compromise, even if it is not easy for an outsider to read the culture and see that willingness.
:book:Definition
Most developing countries with a high LTO rating show fast economic growth up to a level of prosperity
"Long-Term Orientation stands for the fostering of virtues oriented towards future rewards, in particular perseverance and thrift.
:round_pushpin:
This dimension describes how every society has to maintain some links with its own past while dealing with the challenges of the present and future, and societies prioritise these two existential goals differently.
:+1::skin-tone-2:Examples
9 out of top 10 highest rated LTO countries are Asian. perhaps this has a link to the religion and culturess in these countries. they focus more on the afterlife or reincarnation or the family legacy, instead of the current life.
:question:Concepts to be further discussed (misunderstood)
:link:Link to the google drive presentation
Short term orientation
:pushpin:Specific characteristics/traits
Emphasis on quick results
belief in absolutes about good and evil
status not a major issue in relationships
protection of one’s face is important
Proud of our own country
Traditions are sacrosanct
religious and ideological fundamentalisms
Persistent
Stands for the fostering in a society of virtues related to the past and the present, such as national pride, respect for tradition, preservation of face and fulfilling social obligations
:+1::skin-tone-2:Examples
:question:Concepts to be further discussed (misunderstood)
:link:Link to the google drive presentation
Fields where we can apply these concepts
:pencil2:Education
Secondary school students perform poorly at mathematics
:man_in_business_suit_levitating::skin-tone-3:Business
Small savings quote, little money for investments
Companies report quarterly results
Investors prefer shares and mutual funds
In poor countries the economic growth is slower
:male-doctor::skin-tone-2:Health
:house_with_garden:Examples/Applying on our own home culture
:shallow_pan_of_food:Indian culture
:apple:Romanian culture
Index: 52 (intermediate score)
:icecream:Turkish culture: 46
:beer:Belgian culture
Tunisian culture