Managing Cultural Differences in a New Business

Running head : MANAGING CULTURAL DIFFERENCES

Managing Cultural Differences in a New Business

Name

University

Course

Tutor

Date

Businesses in the modern era are experiencing a lot of changes in terms of social , economic , technological , political and cultural aspects Emerging trends in business indicate that cultural diversity is affecting many organizations since managers lack the ability to adopt strategies which match the cultural needs of the people . Jackson , Loehr and Azman (n .d ) explain that changes in technology have led to changes in economic conditions and organizations should

come up with policies which reduce costs and maximize profits . There is need for managers to develop proper policies to satisfy needs of employees from different regions . To achieve success in management of human resources in diversified environments , it requires managers to create trust among all people involved in the activities of the organization , adopt better leadership activities , train employees on different aspects of the organization and provide better remuneration packages to workers Effective communication should be developed to avoid misperceptions misevaluation and misinterpretation of information by people involved in the activities of the organization

Strategies to help a multi-cultural team of Americans , Italians Germans and Swiss to open and run the store in Switzerland will include creating trust among all stakeholders of the organization defining goals of the company clearly , motivate employees and provide attractive incentives to all employees . Creating openness within the organization is one of the strategies that the teams in the organization can develop to run the store in...