By JoAnn M. Foster
Conserving Cultural Integrity within the Transnational financial system (Transnational company and company tradition, difficulties and possibilities)
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Extra resources for The Communitarian Organization: Preserving Cultural Integrity in the Transnational Economy (Transnational Business and Corporate Culture, Problems and Opportunities)
Smith, 1995, xx–xxi) These pressures have resulted in major changes in the ways that leading corporations do business, both in the United States and globally. Bennett Harrison describes a contemporary global economy composed of networked, large company organizations, boundaryspanning networks of firms operating in different industries, regions, and countries. According to Harrison, these coalitions were created as a deliberate strategy for attaining greater flexibility in the face of the chronic uncertainty and market fragmentation of the new world order.
DiMaggio, 1994) But culture is taxonomically elusive. It has cognitive, expressive, and valuative aspects; it is the source of goals; it is foundationally related to 29 30 The Communitarian Organization preferences, attitudes, and opinions; it is both constitutive and regulatory; but laws and principles for its classification are illusory. (DiMaggio, 27) Most modern economists do not worry much about culture. When they do, it is often misconceived as nature, or viewed as exogenous preferences and tastes, or as historical or organizational notions of limited interest and regulatory function.
Morgan, 128) And culture as symbols, ideals, and views of reality is organizationally and institutionally embedded. (Rueschemeyer, Stephens and Stephens, 1992, 275) Cultural and social attitudes are also potential obstacles to altered economic circumstances in both ascending and declining economies. Just as surely as economic change threatens traditional societies of developing nations, it also creates uncertainty and anxiety in advanced societies challenged by changing social priorities and new/old notions about the relationship between the individual and society.
The Communitarian Organization: Preserving Cultural Integrity in the Transnational Economy (Transnational Business and Corporate Culture, Problems and Opportunities) by JoAnn M. Foster