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Hofstedes key dimensions of cultural diversity. (Hofstedes dimensions of…

- - - - Some societies value the performance of individuals Think of school prize giving
      - Some societies value the performance of the team--> Think of Olympic sports that teams compete in
      - Possible have implications for financial rewards at work (e.g.think of when an organisation achieves a sales target--> individual bonuses v profit-sharing for bigger teams)
  - - - To what degree is inequality tolerated and whether is there a strong sense of position and status?
      - A high PD score would indicate a national culture that accepts and encourages bureaucracy and a high respect for authority and rank--> Think of the Peoples Republic of China
      - A lower PD score would suggest a national culture that encourages flatter organisational structures & a greater emphasis on personal responsibility and autonomy--> Think of United States of Ameria comanies in Slicon Valley :
  - - - 👀 Here we ask: 👫 👪 👬 👭What are the differences in decision-making style?
      - Hofstede in this context viewed the “masculine” approach as being a hard-edged, fact-based and aggressive style decision-making--> Think "Wolf of Wallstreet"
      - Hofstede viewed ”feminine” decision-making as being about greater degree of consultation and intuitive analysis--> Think New Zealand PM
  - - - Here we consider the different attitudes to risk-taking between countries
      - 🙆 🙅 💁 🙋 Hofstede looked at the level of anxiety people feel when in uncertain or unknown situations
      - Low levels of uncertainty avoidance indicate a willingness to accept more risk, work outside the rules and embrace change. This might indicate a more entrepreneurial national culture
      - Higher levels of uncertainty avoidance would suggest more support for rules, data, clarity of roles and responsibilities etc. These cultures might be less entrepreneurial as a consequence