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A review of contemporary challenges in business culture

  • The following article deals with the basic principles of intercultural management and possible improvements in terms of cultural, ethnic and gender diversification. The results are exemplarily applied to a bank located in Germany. The aim of this paper is to find out to what extent intercultural management could improve the productivity of Relatos-Bank in dealing with foreign employees or employees with a different cultural background. To achieve this goal, the authors con-duct a literature research. The main sources of information are books, journal articles and internet sources. It becomes clear that especially the different perceptions of different generations have a potential for conflict, which can be counteracted by applying presented scientific models. Equalizing the salaries of female and male employees and equalizing the rights and distribution of power could also be the key to becoming an open-minded, dynamic and fair organization that is pre-pared for the rapidly changing environment in which it operates.

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Metadaten
Author:Marcel BiewendtORCiD, Florian BlaschkeORCiD, Arno BöhnertORCiD
DOI:https://doi.org/10.51137/ijarbm.2021.2.1.1
ISSN:2700-8983
Parent Title (English):International Journal of Applied Research in Business and Management
Publisher:Wohllebe & Ross Publishing
Place of publication:Hamburg
Document Type:Article
Language:English
Year of Completion:2021
Date of the Publication (Server):2024/06/07
Volume:2
Issue:1
First Page:1
Last Page:12
Link:https://doi.org/10.51137/ijarbm.2021.2.1.1
Zugriffsart:weltweit
Institutes:FH Aachen / Fachbereich Wirtschaftswissenschaften
open_access (DINI-Set):open_access