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