What can we learn from the way business is done in Asian cultures? The dominant management philosophy in the Asia-Pacific region is a Chinese one, emphasising Confucian values, the family and respect for authority. Does the enduring success of this approach have important lessons for us in the West, or is this management style increasingly redundant, as economies and companies internationalise and mature? This album visits several companies in Asia to explore the relationship between value systems and business management. This material forms part of The Open University course B822 Creativity, innovation and change.
Exploring the relationship between Confucian values and the way companies do business in Asia.
Transcript -- Exploring the relationship between Confucian values and the way companies do business in Asia.
How a form of business relationship that entails mutual obligation is a common way of starting up businesses in Asia.
Transcript -- How a form of business relationship that entails mutual obligation is a common way of starting up businesses in Asia.
Asian companies are less hierarchical and therefore have better agility to compete in global market.
Transcript -- Asian companies are less hierarchical and therefore have better agility to compete in global market.
Transcript -- How Chinese cultures emphasize group benefits and working towards a common goal.
Transcript -- The differences between Asian and Western workers when finding routes into creativity.