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cultural-capital-in-organizations

The existing cultural knowledge and traits within a company's workforce that can be harnessed to enhance international operations and leadership.

1 chapter across 1 book

When Cultures Collide: Leading Across Cultures (Third Edition)Richard D. Lewis

First published in 1996 by Nicholas Brealey Publishing

The chapter introduces the foundational concepts of 'When Cultures Collide,' emphasizing the persistent and valuable nature of cultural diversity and the importance of understanding cultural traits to improve cross-cultural interactions and reduce misunderstandings. It discusses the complexities of international business arising from national and corporate cultural differences, introduces the LMR classification system as a practical tool for managing cultural capital within organizations, and outlines the book's comprehensive structure, including detailed country-specific cultural analyses and insights into motivation and communication patterns. The chapter situates the book as an essential resource for Western managers facing global competition and demographic shifts in emerging markets.