Top Banner

of 8

Strategy Group 4 Ellen Moore

Aug 07, 2018

Download

Documents

Welcome message from author
This document is posted to help you gain knowledge. Please leave a comment to let me know what you think about it! Share it to your friends and learn new things together.
Transcript
  • 8/20/2019 Strategy Group 4 Ellen Moore

    1/18

    Ellen Moore: Living &Working In Korea

    Group 4

    Sumita C002

    Vasudha Chaudhary C0 0

    !kshay Kumar "ain C022

    #ratik "ain C02$

    Maya Krishnamurty C0%2

    i'ha (arayan C0$0

    )ar*eet Karan Singh C0+$

    San*eet Walia C0,+

  • 8/20/2019 Strategy Group 4 Ellen Moore

    2/18

    2

    !ndre- Kil.atri'k is /eing held a''ounta/le or a'urrently ine1e'tive system im.lementation team or "oint Venture In' in South Korea

    3he team4 'o5managed /y Ellen Moore4 an !meri'an4and "a'k Kim4 a Korean4 is su1ering rom the ollo-ing:

    • La'k o 'ommuni'ation• 6n'lear leadershi. 7related to .oor -ork team stru'ture8• #ro/lems -ith grou. develo.ment• Lo- grou. emotional intelligen'e• 9isagreement over the de'ision5making .ro'ess

    3here is 'urrently great disagreement /et-een !ndre-and the Korean management o "VI regarding the'ause o these .ro/lems4 and mu'h o thedisagreement 'enters around Ellen

    CASE SUMMARY

  • 8/20/2019 Strategy Group 4 Ellen Moore

    3/18

    Strengths• Centrali ation o

    #o-er• Will or E'onomi'

    e orms• Strong ;oreign

    elations

    Weaknesses• Military In

  • 8/20/2019 Strategy Group 4 Ellen Moore

    4/18

    Strengths• )igh Wages• Skilled La/our• 6r/ani ation

    Weaknesses• !geing #o.ulation• Lo- So'ial

    Wel are #lanning

    =..ortunities• Lo-

    6nem.loymentate

    ising )umanights !-areness

    3hreats• Wage 9is.arity• #o-er ul La/our

    6nions

    So'ial

    Strengths• 3ele'om Se'tor• Large 9omesti'

    #layers

    Weaknesses• S'ar'e (atural

    esour'es• ising &9 'osts

    =..ortunities• Commer'iali ation

    o ne- ideas• ?ro-ing &9

    'entres

    3hreats• Stri't egulations• ;oreign Com.anies

    #ulling =ut

    3e'hnologi'al

    $

    P.E.S.T FOR KOREA

  • 8/20/2019 Strategy Group 4 Ellen Moore

    5/18

    +

    “the sum total of learned beliefs, values and customs that serve to directconsumer behaviour in particular country market”

    DEFINITION WHAT IS CULTURE & ITS COMPONENTS?

    ELI?I=( ;!MIL@ E96C!3I=(S=CI!LS@S3EM

    I(;L6E(CES

    C=M#=(E(3S

    L!(?6!?E

    %000 L!(?6!?ESI( W= L9

    #E=#LE ; =MS!ME C=6(3 @S#E!K V! I=6SL!(?6!?ES

    E ? A• 200 9I;;E E(3

    9I!LEC3S EBIS3I( I(9I!

    C=L= S9I;;E E(3C=L= S SI?(I;@9I;;E E(3ME!(I(? I(9I;;E E(3C6L36 ES

    E ? A• ? EE( IS

    W= ( @ELI?I=6SLE!9E S I(E?@#3

    • W)I3E !(9L!CK C=L=

    ;= M=6 (I(?I( "!#!(

    C6S3=MS!(9

    3! ==S

    ELIE;SELI?I=6SELIEVES !;;EC3

    S)=##I(? !(9#6 C)!SI(?#!33E (S

    M!B S!LES)!##E(S I(C) IS3M!S I(

    C) IS3I!(M!"= I3@C=6(3 IES

    W=ME( )!VELESS 9ECISI=(M!KI(? #=WEI( 6 !L I(9I!

    V!L6ES

    V!L6ES ! ISE; =M M= !L !(9

    ELIEVES

    !ME IC!(SV!L6E M!3E I!LWELL EI(?M= E 3)!(I(9I!(S

    )I(96 ELI?I=(;= I9SC=(S6M#3I=( =;

    EE;

    !ES3)E3ICS 3IME

    6SI(ESS(= MS

  • 8/20/2019 Strategy Group 4 Ellen Moore

    6/18

    KOREAN CULTURE

    ,

  • 8/20/2019 Strategy Group 4 Ellen Moore

    7/18

    PROF. GEER HOFSTEDE’S CULTURECOMPARISON

    Di !"#io" S$or!

    I p%i$ 'io"

    #o-er distan'e ,0 )igh level o ineDuality

    Individualism Colle'tive so'iety A grou. oriented

    Mas'ulinity %F ;emales .re erred or relationshi.4 modesty and 'aring

    6n'ertainty avoidan'e + Likes to 'ontrol everything to avoid am/iguity

    Long term orientation 00 Legitima'y o hierar'hy

    Indulgen'e 2F Su..resses gratiG'ation o needs and regulates it /y meanso stri't so'ial norms

    “Culture is more often a source of conflictthan of synergy. Cultural differences are anuisance at best and often a disaster.”― Geert HofstedeKOREAN CULTURE

    ANALYSIS

    H

    http://www.goodreads.com/author/show/107228.Geert_Hofstedehttp://www.goodreads.com/author/show/107228.Geert_Hofstede

  • 8/20/2019 Strategy Group 4 Ellen Moore

    8/18

    KOREAN (USINESS NUANCES

    GIFTS• To be given at the first business meeting• Malt whisky and brandy are appreciated gifts

    MEETINGS• Punctuality• Maintain good body posture

    BUSINESS COMMUNICATION• Saying “No” is a poor etiquette e!pected to say “ we wil l try”• Maintain patience and politeness

    EXCHANGING BUSINESS CARD• Present your business card with both hands• "omment on the title or the position

    GREETING• #ait to be introduced as third party• Shake hands with foreign colleagues after a bow and support the right forearm with the lefthand

    INTERACTIONS• Prior appointment necessary to meet•

    $ook smart all the time• Saving face is very important

    3he Dualityo the

    relationshi.s develo.edare the realkey to the

    su''ess

    RESEARCH INSIGHTS

    57.5% experiencedgender di cri!in"#i$n

    &'% di cri!in"#ed"g"in # pr$!$#i$n

    5'% i!p$ i()e #$ ge#pr$!$#ed

    %espondents & women N ' ()*

  • 8/20/2019 Strategy Group 4 Ellen Moore

    9/18

    F

    (ING• (ING IN MANDARIN SOUNDED LIKE ICE) SOLDIER) DISEASE OR

    PANCAKE• (ING (ECAME (IYING WHICH MEANS * SEEK AND YE SHALL

    FIND+

    PARKER• IT WON’T LEAK IN YOUR POCKETS & EM(ARRASS YOU• IN ME,ICO) IT WAS READ AS *IT WON’T LEAK IN YOUR POCKET

    & MAKE YOU PREGNANT+

    MOUNTAIN (ELL• IT PROMOTED TELEPHONE SER-ICES IN SAUDI ARA(IA (Y

    SHOWING E,ECUTI-E WITH HIS FEET ON THE DESK • THIS ACT IS -ERY OFFENSI-E AND AN ARA( WILL NE-ER DO IT

    L6(9E S

  • 8/20/2019 Strategy Group 4 Ellen Moore

    10/18

    ORGANISATIONCHART

    CLIE(3 S

    M!(!?EME(3 3E!M

    C=(S6L3I(

    ? 3E!M

    S6 = 9I(!3E

    S6 = 9I(!3E

    CLIE(3 S

    M!(!?EME( 3 3E!M

    C=(S6L3I(? 3E!M

    S6 = 9I(!3E

    S6 = 9I(!3E

    6S! K= E!

    0

  • 8/20/2019 Strategy Group 4 Ellen Moore

    11/18

    ELLEN MOORE

    @oung (orth !meri'an emale

    Married4 no 'hildren

    M ! degree4 graduated as the to. emale romhigh s'hool

    #reviously4 she -as the 'or.orate a''ountsoJ'er and managed over t-enty large a''ounts

    She a'hieved a ;ello-shi. in the Institute oankers a ter 'om.leting demanding 'ourses and

    e>amsLooking or 'hallenges4 'om.eten'e4 and 'areero..ortunities

  • 8/20/2019 Strategy Group 4 Ellen Moore

    12/18

    Ellen s vie-s ignored /y "a'k and su/ordinates• Culturally4 -omen are treated in erior at -ork.la'es• Initial disagreement a/out !ndre- re*e'ting the o1er

    Culture

    • )ierar'hi'al stru'ture im.a'ts relationshi. /et-een'onsultants and 'lient o /oth !meri'ans and Koreans

    • Consensus diJ'ult due to di1ering a..roa'hes in a'hievingGnal goals

    usinessStru'ture

    • !uthority not 'learly deGned -ith overla..ing roles5 "a'kand Ellen unsure o their roles

    • 9elay in im.lementation o .lans /y 'on used su/ordinatesManagement

    Korean 'onsultants do not ask Duestions -hile -orking ore>.ress their true thoughts• Saying no regarded as .oor etiDuette and is avoided• 9iJ'ult or Ellen to understand Korean 'onsultants true

    intentions

    Communi'ation

    • "a'k s ine>.erien'e in SI and 'onsulting• 'onsulting teams la'k the training .rogram .re.aring or

    e>.atriates or em.loyees at the M(C• Ethno'entri' Senior Management

    )uman

    esour'e 2

    What are the .ro/lems Why do they e>ist

  • 8/20/2019 Strategy Group 4 Ellen Moore

    13/18

    !lternatives!lternative : etain Ellen and take "a'k outo #ro*e't

    #rosCon.erien'e indealing -ith Korean 'lients and

    team mem/ers2 #ro/lem -ith "a'k% ! ter SC? 'ontra't ends in H

    months no kno-ledgea/le ande>.erien'ed .erson -ill /e le t inthe team May lead to .ro*e't

    ailure in later stages

    %

  • 8/20/2019 Strategy Group 4 Ellen Moore

    14/18

    !lternatives

    !lternative 2: etain Ellen and resolve 'on.ertise o Ellen and "a'k

    -ill /e retained+ !deDuate trans er o

    kno-ledge and trainingor ine>.erien'ed Korean

    'onsultants

    Cons;uture #ossi/ility o 'on

  • 8/20/2019 Strategy Group 4 Ellen Moore

    15/18

    !lternatives!lternative %: e.la'e Ellen

    #rosesolve the 'on

  • 8/20/2019 Strategy Group 4 Ellen Moore

    16/18

    ,

    e'ommendation

    Cri'!ri Cri'!ri / Cri'!ri 0

    etain Ellenand Gre "a'k

    @ @ (

    etain Ellen& resolve'on

  • 8/20/2019 Strategy Group 4 Ellen Moore

    17/18

    EMBRACING DI*ERSIT+

    FE, TECHNI-UES

    H

  • 8/20/2019 Strategy Group 4 Ellen Moore

    18/18

    THANK YOU