6.2 Discussion: Long Term vs. Short Term Orientation (Part B)
Note: This is Part B of a two-week discussion forum. In the previous workshop, you made an initial post; in this workshop, you will respond to the posts of your classmates and will post a summary of your new learning. You and your classmates must pace yourselves to complete the discussion fully within the time allotted.
A global leader is faced with choices on a daily basis, which determine the outcome of their decisions. In a decision-making process, a global leader can either utilize long term orientation, which is the fostering in a society of pragmatic virtues oriented to future rewards in particular perseverance, thrift, and adapting to changing circumstances, or short term orientation, which stands for fostering in a society of virtues related to the past and present (Hofstede, 2015).
10 minutes with. (2015, March 7). 10 minutes with Geert Hofstede on long versus short term orientation 01032015 [Video]. YouTube. https://www.youtube.com/watch?v=H8ygYIGsIQ4&feature=emb_title
Upon successful completion of this discussion, you will be able to:
- Articulate the importance of integrating a Christian worldview with global business practice.
- Analyze the impact of cultural differences on business decision making and strategic planning.
- Video: 10 Minutes with Geert Hofstede on Long versus Short Term Orientation
- Video: Alexandre Havard on Virtuous Leadership
- Video How to Identify a Good Leader – 5 Minutes with Prof. Alexandre Havard
- Website: Hofstede’s Cultural Dimensions: Understanding Different Countries
- File: Hofstede on Long versus Short Term Orientation